NOT LISTED FOR SALE
6 Beds
6 Baths
3,939 Sq Ft
9,148 Sq Ft Lot

Last Sold March 01, 2016

Last sale price $2,100,000 $533 Per Sq Ft

10 Days on Market

About This Home

As of March 2016

Attention Investors and Developers. A very rare find with incredible potential. 6 family multi unit home located at 57 Cedar St. Cambridge MA. 1 mile walk to Porter Square and a little over 2 mike walk to Harvard Square. Extremely close to Massachusetts Ave, the T and Red Line. Shopping, dining, churches and both Leslie and Harvard University all within walking distance. This is a developers dream. Six one bedroom one bath apartments with superb rental history. One unit empty all others occupied by tenants on month to month basis. Coin operated laundry located in the clean dry basement. Built in 1930 and the meticulous care it's been given shows. Includes 10 parking garages located on this large lot all with superb rental history and month to month tenants. The size of the lot allows for development of the garage area to be turned into new residential housing to compliment the existing 6 units. All information should be validated by buyer and buyer's agent

Last Agent to Sell the Property

Thomas Murphy

LAER Realty Partners Listed on: 12/07/2015

LAER Realty Partners

Last Buyer's Agent

Thomas Murphy

LAER Realty Partners Listed on: 12/07/2015

LAER Realty Partners

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: City View(s), Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Energy: Storm Windows, Storm Doors
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Full, Interior Access
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Deck, Gutters
  • Foundation: Concrete Block, Fieldstone

Garage/Parking

  • Garage Spaces: 10
  • Parking: Off-Street
  • Parking Spaces: 10

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 6

Lot Info

  • Zoning: 111

Multi Family

  • Appliances Common: Washer, Dryer
  • Cooling Common: None
  • Heating Common: Forced Air, Gas
  • Heat Units: 6
  • Total Bedrooms: 6
  • Total Floors: 2
  • Total Full Baths: 6
  • Total Levels: 3
  • Total Rms: 18
  • Total Rent_1: 7775

Range of Values:

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ICE

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2016 03/01/16 Sold $2,100,000 -19.2% $533 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
12/07/2015 12/07/15 For Sale $2,600,000 -- $660 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71939231

MLS Property Information Network (MLS PIN)