Active
21 Days on market
98 Willow Street Cambridge — Photo 1 of 33

98 Willow Street Cambridge — Photo 1 of 33

$1,500,000

Investment Analysis — 98 Willow Street

Cambridge, MA 02141

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 02141 carries an estimated $9,600/mo in gross rent — about a 5.30% cap rate and $79,434/yr in estimated NOI at the $1,500,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

2,526

Style

3 Family - 3 Units Up/Down

Built

1902

OPEN HOUSE SUNDAY 9/6 ~ 1-2 PM Terrific Multifamily Opportunity in Well-Located East Cambridge!! This 3-unit multifamily property presents an exciting opportunity for owner-occupants, investors, or buyers seeking a renovation project in one of Greater Boston’s most desirable and low inventory markets.Enjoy the property in it's current, completely operational condition-live in one unit while generating rental income from the others, while investors can rent all three units immediately. For those looking to add value, the property also offers significant potential through renovation and improvements—with the opportunity to build equity in a highly sought-after Location! Location! Location! The property is conveniently positioned near some of Cambridge's most sought-after destinations, including:Inman Square,Union Square, Kendall Square and the MBTA Green Line,Cambridge Crossing (CX),King Open School and Donnelly Field,Cambridge Public Library — Valente Branch & MIT.Residents benefit from easy access to transportation, restaurants, retail, employment, parks,and schools. Aquire a well-located, long-held multifamily asset, invest strategically and benefit from the long-term demand in East Cambridge.

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

Original Price$1,500,000
Annual Taxes$8,118

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms14
FireplacesNone
FlooringVinyl, Carpet, Laminate
BasementFull, Interior Entry, Concrete, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationStone, Brick/Mortar
ZoningC-1

Property & Lot

Acres0.05
SqFt Lot2,018
Lot FeaturesCleared, Level

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Bike Path

Geography

Listing Provided By

Listing Agent: Chrisanne Connolly

Listing Office: Wilson Wolfe Real Estate

MLS® Number: 73567006