Seller's Agent in 2022
Matt Gorman
EDGE Realty Advisors
(617) 477-0601
1 in this area
67 Total Sales
347 Broadway Cambridge, MA 02139
Mid-Cambridge Neighborhood
10
Beds
5
Baths
7,454
Sq Ft
6,534
Sq Ft Lot
Highlights
- Medical Services
- Property is near public transit and schools
- Shops
- 0.15 Acre Lot
- Porch
- 2-minute walk to Wilder Play Area
About This Home
As of August 2022*New price!* This Cambridge property is truly a rare find! Legally converted into four condos and zoned for residential or office (O-1) use, this oversized multi-family offers the savvy investor unparalleled flexibility. Restore the larger 4-story building into three residential condos or continue development as a commercial property. The free-standing single-family home on the same lot features three floors of living space, 3 beds/2 baths, a porch, and parking. The office building is leased until 10/31/22 for $12,420/month and the single-family is leased until 8/31/22 for $4,550/month. This property features a private parking lot with four spots and the location offers convenient access to Inman Square, Central Square, Harvard, and MIT. Incredible opportunity awaits!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,480
Year Built
- Built in 1868
Lot Details
- 6,624 Sq Ft Lot
- Level Lot
Home Design
- 7,454 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 10 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Utilities
- 4 Heating Zones
- Gas Water Heater
Additional Features
- Porch
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $16,970
Community Details
Overview
- 4 Units
- Property has 3 Levels
Amenities
- Medical Services
- Shops
Building Details
- Net Operating Income $203,640
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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 |
|---|---|---|---|---|
| 08/09/2022 08/09/22 | Sold | $2,850,000 | -12.3% | $382 / Sq Ft |
| 07/19/2022 07/19/22 | Pending | -- | -- | -- |
| 06/24/2022 06/24/22 | Price Changed | $3,250,000 | -9.7% | $436 / Sq Ft |
| 06/04/2022 06/04/22 | Price Changed | $3,600,000 | -12.2% | $483 / Sq Ft |
| 04/14/2022 04/14/22 | For Sale | $4,100,000 | -- | $550 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $0 | $0 | $0 |
| 2024 | -- | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Gorman
-
The Massimino Team
T
Buyer's Agent in 2022
The Massimino Team
Compass
(617) 206-3333
3 in this area
9 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72966794
APN: CAMB M:00114 L:00097
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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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