378 Cambridge St

    Burlington, MA 01803
    • $449,900
    • STATUS: Active
    • MLS #: 72366842
    UPDATED: 46 min ago
    $449,900
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1930
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Victoria Kustov of Exit Premier Real Estate.

    Description

    Property available for lease with an option to buy! Great investment opportunity to own a mixed use property that is located in a highly visible location on one of the busiest streets in Burlington, near the corner of routes 62 and 3A. First floor features a commercial storefront or office space that was rented at $1,800/mo (currently vacant) and second floor offers a 2-bedroom residential apartment that is currently rented at $1,600/mo with tenant at will. Densely populated neighborhood has endless opportunities to run your business for an owner occupant or as an investment property. Large paved parking lot in the back of the property offers plenty of parking. Updates include: heating system and hot water heater about 7 years old, commercial space renovated in 2010. Long term tenant would like to stay but property can be delivered vacant. See attached information for permitted use. Also listed as multi-family MLS #: 72366844

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-08-17T09:50:09.61.
    www.refinderma.com/homes/85876400

    378 Cambridge St Burlington, MA 01803

    • Price: $449,900
    • Status: Active
    • Updated: 46 min ago
    • MLS #: 72366842
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1930
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    Property available for lease with an option to buy! Great investment opportunity to own a mixed use property that is located in a highly visible location on one of the busiest streets in Burlington, near the corner of routes 62 and 3A. First floor features a commercial storefront or office space that was rented at $1,800/mo (currently vacant) and second floor offers a 2-bedroom residential apartment that is currently rented at $1,600/mo with tenant at will. Densely populated neighborhood has endless opportunities to run your business for an owner occupant or as an investment property. Large paved parking lot in the back of the property offers plenty of parking. Updates include: heating system and hot water heater about 7 years old, commercial space renovated in 2010. Long term tenant would like to stay but property can be delivered vacant. See attached information for permitted use. Also listed as multi-family MLS #: 72366844
    Exterior Features

    Construction Frame Location Free Standing Parking Features 1-10 SpacesPaved DrivewayOn Site Parking Spaces 10 Railroad Siding No Roof Material Asphalt/Fiberglass Shingles Site Condition Level Stories 2 Underground Tank Unknown

    Interior Features

    Elevator No Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Restrooms 2 Rsf Building Sq Ft 804.00 Sprinklers No Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 274400.00 Assessed Value Land 123800.00 Assessed Value Total 398200.00 Commercial Industrial Type Office Condo Association No Disclosure No Disclosures Seller Has Never Lived in The Property. Seller And Agent Make No Representations Or Warranties To Building ConditionMeasurementsOr Zoning. Per Records At Bldg. Dept.: Small Fire in The Residential Unit Repaired in 1979 (Copy Attached). Sold As IS. Buyer/Buyer's Agent To Perform All Due Diligence Dividable No Easements No Exchange No Exclusions Tenants Personal Belongings. Gross Annual Expense 14334.00 Gross Annual Income 40800.00 Handicap Access No Lease No Lease Price Includes Other (See Remarks) Lease Type Other (See Remarks) Lender Owned No Mau Units 0 Net Operating Income 26466.00 Ofu Units 1 On File21 E No Plat Plan Yes Reu Units 0 Rsu Units 1 Short Sale Lender App Required No Space Available For Sale Special Financing No Subdividable Unknown Sublet No Tax Year 2018 Taxes 10974.00 Total Units 2 Utilities Public WaterPublic SewerNatural Gas Wau Units 0 Year Built Source Pr Zone Description Legal Non-Conforming Zoning Bg

    Listing information © 2018 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Victoria Kustov of Exit Premier Real Estate.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-08-17T09:50:09.61.
     
    Exit Realty
    191 South Main Street
    Middleton MA, 01949
    Listing courtesy of Victoria Kustov of Exit Premier Real Estate.