
63 Sixth Street Cambridge — Photo 1 of 35
$2,195,000
Investment Analysis — 63 Sixth Street
Cambridge, MA 02141 — East Cambridge
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 02141 carries an estimated $8,200/mo in gross rent — about a 3.01% cap rate and $66,071/yr in estimated NOI at the $2,195,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,700
Style
2 Family - 2 Units Up/Down
Built
1854
Offered for sale is the best two family you will ever see in Kendall Square/MIT. This home is set on a corner giving it an oversized lot with a lovely, large walled garden. Substantially renovated in 2015 with 10 skylights, a sublime light-filled open-flow loft style owners' unit spans the second and third floor with a bedroom and full bath on each level. (Second bedroom currently being used as a second living room.) The owner's unit has beamed ceilings and black Hunter Douglas interior shutters, a chef’s kitchen with soapstone counters, a 48-inch double oven gas Wolf stove, a Wolf wall steam oven, Sub Zero double drawer freezer, Fisher Paykel refrigerator/freezer, tons of storage with beautiful custom built Imperia cabinetry, and two private porches--front and back. On the parlor level is a pitch-perfect spacious rental unit with with a strong income producing history (currently rented @4400/mo through October), comprised of two bedrooms--one at each end for optimal privacy--a generous eat-in-kitchen and large living room, adjoining dining room, and bathroom with linen closet. Full ceiling height in full basement. One off-street parking space, gated. Plenty of room for scooter and bike parking, or a shed. Walk score: 96/100 "Walker's Paradise." Surrounded by lush green city parks, a short walk to restaurants, the river and even Boston's Beacon Hill. No Open House - Viewings by Appointment. Showings to begin Wednesday, 9/16. Please allow 24-48 hours for seller response to offer. ALL OFFERS ARE DUE ON SUNDAY, SEPT 20, BY 5:00 PM.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Medical Facility
Geography
Listing Agent: Nina Quinlan
Listing Office: Melcher Real Estate Group
MLS® Number: 73577051