Multi-Family with Positive Cash Flow-Cambridgeport

Multi-Family with Positive Cash Flow-Cambridgeport 3 Granite Street has seven bedrooms over two units.  The first floor has 2 beds and one bath, new kitchen, open floor, large dining room, nice living room and porches off the front and back of the house.  The upstairs two floors have 5 bedrooms, 2 full baths, new kitchen, porches, dining room, living room and all with beautiful hard wood floors. There are washers and dryers for both units in the home and in their spaces.  This is a great buy for anyone who is a buy and hold investor, or an owner occupied small family who would like to live in Cambridge. 3 Granite Street, Cambridge, MA Multi-family

All this is good, but what makes it great is that there is a two car garage on the property with room for 3-4 more cars off street parking.  This is an unheard of amount of off street parking for homes and especially homes with rental units.  Many investors worry about the tenants, but that has not been a problem with this multi-family.  Since it is so close to Harvard, MIT and BU the tenants have always been students in the graduate departments of these world class schools. These students are not there to do bong hits, they are there to further their education at the highest level and get back to their professions. This is why such high rents get paid in these units. 3 Granite Street, Cambridge, MA Multi-family

If you are an investor for a place to park some money at the end of this year, before it starts making you money next year give me a call for a showing.  3 Granite Street in Cambridgeport is centrally located near public transportation and major highways to take you into Boston or away from the city.  MLS#71572231. The MLS description reads; Two newly renovated rental units. Hardwood floors, stainless appliances, light splashed throughout the units are just the start.These units have been generating positive cash flow for the current owner for many years. Why? Because of it’s location. This Multi-family is centrally located near Harvard, MITand BU. Cambridgeport provides easy access to shopping, public transportation, highways and parks. A 2 car covered garage with 4 additional off street parking spots, a rare find in Cambridge,come with this property.This Multi-family is perfect for several types of investors. Buy/Hold/Rent in this area is never a problem. An Owner Occupied investor can live in the 5 bedroom, 2 bathroom upstairs, or the spacious 2 bedroom, one bathroom downstairs unit and rent the other unit to reduce your mortgage costs and allow you to qualify for a home that will help pay for itself. A builder familiar with condo conversion in Cambridge might take this solid shell to the next level.