$5,600,000
$5,499,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
12 Baths
10,656 SqFt
SOLD DATE : 09/27/2024
Key Details
Sold Price $5,600,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 10,656 sqft
Price per Sqft $525
MLS Listing ID 73227441
Sold Date 09/27/24
Bedrooms 12
Full Baths 12
Year Built 1920
Annual Tax Amount $23,024
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Discover 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
Location
State MA
County Middlesex
Zoning B
Direction Corner of Huron Ave and Sherman Street
Rooms
Basement Full
Interior
Flooring Tile, Hardwood
Exterior
Community Features Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Private School, Public School, University
Utilities Available for Gas Range
Waterfront false
Roof Type Rubber
Total Parking Spaces 12
Garage No
Building
Lot Description Corner Lot, Level
Story 9
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Estate Sale
Listing Terms Estate Sale
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Bought with Linglin Li • Hickory Brook Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "