1 month on rocket

223 Charles St, Cambridge, MA, 02141

$5,200,000

18 Bedrooms
6 Full Baths
6,700 SqFt
$776/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Leased, Tandem, Driveway
Year Built1925
ViewCity
MLS #73211079
Lot Size0.09 Acres
StatusActive

About 223 Charles St

KENDALL SQUARE GEM in EAST CAMBRIDGE, MA ONE OF THE PREMIER MARKETS IN THE COUNTRY! A unique opportunity to acquire an investment grade fully-leased SIX FAMILY property with the potential to add two conforming units OR MAY HAVE POTENTIAL TO REDEVELOP INTO SINGLE FAMILY HOME WITH OFFICE OR MAY HAVE POTENTIAL FOR CONDOMINIUM CONVERSION. Each unit is separately metered. CURRENTLY, the Property features Four Parking Spaces with an attractive Outdoor Garden. There is a Coin-Operated Laundry W/D in basement. A new rubber roof was installed in 2023 and a Locinvar Heating System was installed in 2018; the property is in good condition and is offered AS IS. BUYERS ARE ENCOURAGED TO MAKE AN OFFER - FULL PACKAGE WITH PHOTOS and OPERATING DATA AVAILABLE from the Listing Broker. Solid rental history, owner leased, efficiently managed, within 5 min walk to MIT/Kendall Red Line, bike to Mass General Hospital & Harvard. Steps from the Broad Institute.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 6,700 SqFt

Listing Office:

  • Office Name: Mary Gardill
  • Listing Agent: Mary Gardill

Interior Features

Interior Information:

  • Flooring Type: Wood, Vinyl, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 18

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Paved Drive, Off Street, Leased, Tandem, Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.09 Acres

School Info

Assigned Schools Information:

  • Cambridge Rindge and Latin, Public District Grades 9-12
  • Amigos School, Public District Grades PK-8
  • Kennedy-Longfellow, Public District Grades PK-5
  • Fletcher/Maynard Academy, Public District Grades PK-5
  • Cambridgeport, Public District Grades PK-5

Other

Directions Information:

  • Directions: Buyer to confirm zoning, potential uses and/or conversions. Fully Leased.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,200,000
  • Price Per SqFt: $776/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2%
  • Seller's Agent Commission: 2%

Tax Information:

  • Annual Amount: $14,029
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cambridge, MA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$866

Avg. Days On Market

42

# of Sold Homes

43

223 Charles St vs Cambridge

31 DAYS ON ROCKET

-11 Days

$5,200,000

+$4.1M More

$776/SqFt

-$91 Less

KEY TAKEAWAY

This property is $4.1M more than the Median Sold Price and $91/SqFt less than other homes in Cambridge, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73211079

Listing Office:

  • Office Name: Mary Gardill
  • Listing Agent: Mary Gardill

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/28/2024, 11:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 23, 2007Home Sold
$1,305,000
Jul 17, 2002Home Sold
$900,000
Feb 07, 2000Home Sold
$529,000
Jan 06, 1995Home Sold
$112,000
Mar 28, 1988Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,029$2,398,200
2020$12,768$2,220,600
2019$11,884$2,000,700
2018$11,235$1,786,200
2017$10,540$1,624,000

History based on county public records data.

Payment Calculator

$26K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.6K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2185872
3
/10
  • Kennedy-Longfellow

  • 158 Spring St

  • 0.11 miles

  • Public District Grades PK-5

school-card-donut-2185873
5
/10
  • Fletcher/Maynard Academy

  • 225 Windsor St

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-2185874
5
/10
  • Cambridgeport

  • 89 Elm St

  • 0.67 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2185875
8
/10
  • Amigos School

  • 15 Upton St

  • 1.27 miles

  • Public District Grades PK-8

High School

school-card-donut-2185876
5
/10
  • Cambridge Rindge and Latin

  • 459 Broadway

  • 1.38 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,658. Typical income of Cambridge, MA residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesMassachusettsMiddlesex CountyCambridge02141223 Charles St

This home is located at 223 Charles St in Cambridge, MA and zip code 02141 in the East Cambridge neighborhood. This 6,700 square foot home, which was built in 1925, sits on a 0.09 acre lot. Features: 18 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $5,200,000.

Cambridge, MA housing market in March 2024 saw over 21 listings sold above listed price, more than 5 sold at listed price and over 17 sold below. The number of homes for sale in Cambridge, MA increased by 16.5% between February 2024 and March 2024. In March 2024 median list price was $1,028,642 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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