NOT LISTED FOR SALE

7 Reed St Cambridge, MA 02140

North Cambridge Neighborhood
11 Beds
6 Baths
4,724 Sq Ft
3,920 Sq Ft Lot

Last Sold April 07, 2021

Last sale price $2,436,000 $516 Per Sq Ft

38 Days on Market

Highlights

  • Porch
  • Patio
  • 4-minute walk to Reverend Thomas J. Williams Park

About This Home

As of April 2021

$100K PRICE REDUCTION !!! ATTENTION DEVELOPERS A GREAT CONDOMINIUM CONVERSION OPPORTUNITY ON QUIET ONE WAY STREET IN NORTH CAMBRIDGE, PROPERTY BOASTS A TOTAL OF 6,593 SQUARE FEET READY FOR CONVERSION, WITH A POTENTIAL SELL OUT PRICE OF OVER $6.2 MILLION (AT $950 PSF), OR JUST KEEP THIS TURN KEY CASH COW WITH LEASES GENERATING $143,760.00 PER YEAR WITH A FUTURE BONUS POTENTIAL TO SEEK PERMITS TO FINISH OFF THE 1,500SF LOWER LEVEL (PARTIALLY SEMI FINISHED VACANT BASEMENT APARTMENT) FOR ADDITIONAL RENTAL INCOME!!!! *****SOME SELLER FINANCING MAY BE AVAILABLE*******SEE THE ATTACHED DOCUMENT "RENTAL/LEASE INFORMATION SHEET" & "CONDOMINIUM CONVERSION PRO FORMA" *******

Last Agent to Sell the Property

Charles Petitti

Coldwell Banker Realty - Newton Listed on: 01/20/2021

Coldwell Banker Realty - Newton

Last Buyer's Agent

Charles Petitti

Coldwell Banker Realty - Newton Listed on: 01/20/2021

Coldwell Banker Realty - Newton

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • Year Round Access

Outdoor Features

  • Patio
  • Porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 587.43
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Total Flrs: 7
  • No Bedrooms: 11
  • Total Brs: 11
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Fbh: 5
  • Total Hbh: 1
  • No Rooms: 22
  • Basement: Y
  • Basement Features: Full, Partially Finished
  • Main Lo: AN6181
  • Main So: AN6181
  • Estimated Sq Ft: 4724.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch, Patio
  • Foundation: Fieldstone
  • Foundation Size: 1500

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts, 220 Volts, 100 Amps
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Amenities: Public Transportation

Lot Info

  • Assessments: 1950400.00
  • Lot: 153
  • Acre: 0.09
  • Lot Size: 3807.00
  • Page: 139
  • Zoning: RES
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 3
  • Total Levels: 4
  • Total Rent: 11930
  • Total Rms: 22
  • No Units: 4
  • Mf Type: 4 Family

Tax Info

  • Taxes: 10384.00
  • Tax Year: 2020

Range of Values:

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Sold 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
04/07/2021 04/07/21 Sold $2,436,000 -12.2% $516 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/17/2021 02/17/21 Price Changed $2,775,000 -3.5% $587 / Sq Ft
02/04/2021 02/04/21 Price Changed $2,875,000 -3.4% $609 / Sq Ft
01/20/2021 01/20/21 For Sale $2,975,000 -- $630 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Charles Petitti

    Seller's Agent in 2021

    Charles Petitti

    Coldwell Banker Realty - Newton

    (617) 969-3200

    1 in this area

    10 Total Sales

    Charles Petitti
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72777050

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Cambridge 02140 North Cambridge

7 Reed St, Cambridge, MA

This home is located at 7 Reed St, Cambridge, MA 02140 since 20 January 2021. This property was built in 1910. 7 Reed St is a home located in Middlesex County with nearby schools including Benjamin Banneker Charter Public School, Cambridge Friends School, and International School of Boston.

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MLS Property Information Network (MLS PIN) 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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