18 Fainwood Cir Cambridge MA 02139 MLS #73314083

18 Fainwood Cir
Cambridge, MA, 02139
$2,400,000
12 Beds
3 Baths
3,669 SqFt
0.1 Acres
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18 Fainwood Circle consists of a three-story building with three 4-Bedroom/1-Bathroom units (currently rented as 3-bedroom units). Each of the units are separately metered for heat (gas – steam radiators), hot water, and electricity. The opportunity exists to utilize each unit as a 4-bedroom unit as well as potentially adding a 2nd bathroom by utilizing the pantry space in the kitchen. Unit 1 features in-unit washer and dryer and an enclosed porch (all season) at the rear of the unit. Units 2 and 3 have access to a laundry facility in the basement, and feature front and rear porches. Additionally, the building has a tandem parking space that can accommodate 3 vehicles. 18 Fainwood Circle is well maintained with recent capital improvements. The opportunity exists, through programmatic upgrades, to significantly increase the rental income or position the property for a condo exit.

Property Details

Price:
$2,400,000
MLS #:
73314083
Status:
Active
Beds:
12
Baths:
3
Address:
18 Fainwood Cir
Type:
Multi Family
Subtype:
3 Family
City:
Cambridge
Listed Date:
Nov 19, 2024
State:
MA
Finished Sq Ft:
3,669
Total Sq Ft:
3,669
ZIP:
02139
Lot Size:
4,356 sqft / 0.10 acres (approx)
Year Built:
1916
Units:
3
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Schools

Interior

Bathrooms
3 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T- Station, University
Parking Spots
1
Roof
Rubber

Financial

Net Operating Income
$101,356
Tax Year
24
Taxes
$15,060

Map

Community

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