Updated Two-Family
5-6 Porter Circle Cambridge, MA 02140
5-6 Porter Circle, Cambridge, MA, 02140
$1,850,000
For Sale
$1,850,000
Tastefully updated two-family home with central heat pump/AC, two parking spaces, and private outdoor areas.
Property Size2,500 SF
Price / SF$740
Days on Market34
Property Features for 5-6 Porter Circle
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1899
Listing agency
Coldwell Banker Realty - Boston
(978) 578-5013
Listed by
Chris Bernier
(978) 578-5013
Source
Churchillprop
Added: Jun 18 Updated: Jul 20 at 6:08PM Checked: Jul 21 at 3:17AM
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 Coldwell Banker Realty - Boston
Investment Insights
Based on property information with market context.
This tastefully updated two-family home offers two private outdoor areas and a well-finished interior highlighted by beautiful kitchens and exquisitely tiled baths. The layout includes a gorgeous master bedroom with a small loft area, along with an immaculate basement featuring a new epoxy floor and a half bath. Recent improvements include a new central heat pump/air conditioning system, furnace, tankless water heaters, an approximately 8-year-old roof, and solar panels.
The property is located steps from Porter Square on a quiet dead-end street, with two parking spaces available—one in the driveway and one in front of the house on a private way. The home is vacant and easy to show.
The property is located steps from Porter Square on a quiet dead-end street, with two parking spaces available—one in the driveway and one in front of the house on a private way. The home is vacant and easy to show.
Key Highlights
- Updated two‑family home built in 1899, steps from Porter Square on a quiet dead‑end street
- New central heat pump/AC, furnace, and tankless water heaters
- 8‑year‑old roof plus solar panels
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 | $94.5k | $37.80 |
| − Vacancy | −$4.9k | −$1.97 |
| EGI | $89.6k | $35.83 |
| − OpEx | −$26.9k | −$10.75 |
| NOI | $62.7k | $25.08 |
2,500 SF · lease $37.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$895.9K
$783.9K – $1.05M
NOI $62,710 @ 7.0% cap · market cap 3.39%
Second Best
Apartment 5plus
$837.3K
$732.6K – $976.8K
NOI $58,608 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $134,916 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Tastefully updated two-family home with central heat pump/AC, two parking spaces, and private outdoor areas.
Where is this duplex located?
The property is located at 5-6 Porter Circle Cambridge, MA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Updated two‑family home built in 1899, steps from Porter Square on a quiet dead‑end street; New central heat pump/AC, furnace, and tankless water heaters; 8‑year‑old roof plus solar panels
