Three-Unit Residential Income
110 Spring Street Cambridge, MA 02141
110 Spring Street, Cambridge, MA, 02141
$1,595,000
For Sale
$1,595,000
Recorded as a three-family property and currently configured with two units, featuring a renovated lower level and rear porch.
Property Size2,469 SF
Price / SF$646.01
Days on Market78
Property Features for 110 Spring Street
General Information
- Standard status
- Active
- Size
- 2,469 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1873
Listing agency
William Raveis R.E. & Home Services
Listed by
Wendy Reservitz
(508) 867-2800
Source
Miketoomeyrealestate
Added: May 6 Updated: Jul 21 at 5:27PM Checked: Jul 21 at 5:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Raveis R.E. & Home Services
Investment Insights
Based on property information with market context.
This three-unit residential income property is recorded as a 3-Family and is currently configured with two units. The lower level of unit 1 has been recently renovated, and the home includes a rear porch and garden area. Access to the units is offered as common or private, depending on how it is arranged for day-to-day use.
Located in East Cambridge, the property is described as just minutes from Kendall Square, with easy access to the Charles River, major roads, universities, medical facilities, TD Garden, and museums. The remarks also note a quiet neighborhood setting.
The property is being sold as-is. Prospective buyers should review the configuration and intended unit arrangement during due diligence.
Located in East Cambridge, the property is described as just minutes from Kendall Square, with easy access to the Charles River, major roads, universities, medical facilities, TD Garden, and museums. The remarks also note a quiet neighborhood setting.
The property is being sold as-is. Prospective buyers should review the configuration and intended unit arrangement during due diligence.
Key Highlights
- Year built 1873; recorded as a 3‑family property and currently configured with two units.
- Recently renovated lower level in unit 1.
- Rear porch and garden area.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.3k | $37.80 |
| − Vacancy | −$4.9k | −$1.97 |
| EGI | $88.5k | $35.83 |
| − OpEx | −$26.5k | −$10.75 |
| NOI | $61.9k | $25.08 |
2,469 SF · lease $37.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$884.8K
$774.2K – $1.03M
NOI $61,933 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$826.9K
$723.5K – $964.7K
NOI $57,881 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$1.90M
$1.67M – $2.22M
NOI $133,244 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Recorded as a three-family property and currently configured with two units, featuring a renovated lower level and rear porch.
Where is this triplex located?
The property is located at 110 Spring Street Cambridge, MA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Year built 1873; recorded as a 3‑family property and currently configured with two units.; Recently renovated lower level in unit 1.; Rear porch and garden area.
