Seller's Agent in 2024
Kimberly Kearns-Nardone
Kearns Nardone Realty LLC
(978) 758-1425
1 in this area
93 Total Sales
2 & 4 Sherman St Cambridge, MA 02138
Neighborhood Nine Neighborhood
12
Beds
12
Baths
10,656
Sq Ft
10,181
Sq Ft Lot
Highlights
- Medical Services
- Property is near public transit
- Corner Lot
- 0.23 Acre Lot
- Wood Flooring
- 4-minute walk to Raymond Park
About This Home
As of September 2024Discover an exceptional investment opportunity! Situated in a great location, steps from Danehy Park; close to Porter Square, Harvard University, Davis Square, Alewife and Cambridge's vibrant shops, restaurants and top universities. These two six-family buildings boast a collection of well-maintained one-bedroom, one-bath units, each offering comfortable living spaces and modern amenities. Nearly all units can be easily converted into spacious two-bedroom apartments. These properties feature ample off-street parking, ensuring convenience and accessibility for tenants. Currently, all units are rented, underscoring the strong rental demand in the area. This turnkey investment promises immediate returns and long-term growth potential. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a profitable venture, these buildings offer a fantastic opportunity to secure your financial future. Don't miss this rare chance to own a lucrative piece of real estate
Last Agent to Sell the Property
Kearns Nardone Realty LLC Listed on: 04/23/2024
Co-Listed By
Vanessa Palmieri
Kearns Nardone Realty LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,024
Year Built
- Built in 1920
Lot Details
- 10,181 Sq Ft Lot
- Corner Lot
- Level Lot
Home Design
- Brick Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 10,656 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Full Bathrooms
Parking
- 12 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
- Assigned Parking
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $4,950
- Assessor Parcel Number M:00206 L:00074,414859
Community Details
Overview
- 12 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $59,400
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $5,600,000 | +1.8% | $526 / Sq Ft |
| 06/20/2024 06/20/24 | Pending | -- | -- | -- |
| 06/14/2024 06/14/24 | Price Changed | $5,499,000 | 0.0% | $516 / Sq Ft |
| 06/14/2024 06/14/24 | For Sale | $5,499,000 | -8.3% | $516 / Sq Ft |
| 05/31/2024 05/31/24 | Pending | -- | -- | -- |
| 05/13/2024 05/13/24 | Price Changed | $5,999,000 | -7.7% | $563 / Sq Ft |
| 04/23/2024 04/23/24 | For Sale | $6,500,000 | -- | $610 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Kimberly Kearns-Nardone
-
V
Seller Co-Listing Agent in 2024
Vanessa Palmieri
Kearns Nardone Realty LLC
-
Linglin Li
Buyer's Agent in 2024
Linglin Li
Hickory Brook Realty, LLC
(508) 314-6580
1 in this area
51 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73227441
APN: CAMB M:00206 L:00073
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The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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