Rare opportunity to acquire a fully renovated 2-family property in a prime Cambridge location near Fresh Pond.This property consists of two updated units featuring open layouts, modern kitchens with quartz countertops and stainless steel appliances, and updated bathrooms. Each unit offers well-proportioned bedrooms, ample natural light, and functional living space.Unit 1 is leased through 08/31/2027 at $6,000/month, providing stable in-place income. Unit 2 offers flexibility for owner-occupants or additional rental income.Additional features include private outdoor space, off-street parking, and updated systems.Conveniently located near Fresh Pond, shopping, dining, public transportation, and easy access to Harvard Square and major routes.
316-318 Concord Ave, Cambridge, MA, 02138
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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