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
Sold
$5,600,000
2 & 4 Sherman St, Cambridge, MA 02138
12beds
10,656sqft
5+ Family - 5+ Units Side by Side
Built in 1920
-- sqft lot
$5,883,300 Zestimate®
$526/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: September 27, 2024 at 10:07am
Listed by:
Kimberly Kearns-Nardone,
Century 21 CELLI,
Vanessa Palmieri
Bought with:
Linglin Li
Hickory Brook Realty, LLC
Source: MLS PIN,MLS#: 73227441
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 12
Features
- Flooring: Tile, Hardwood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 10,656
- Total interior livable area: 10,656 sqft
Property
Parking
- Total spaces: 12
- Parking features: Paved Drive, Off Street, Assigned
- Has uncovered spaces: Yes
Lot
- Size: 10,181 sqft
- Features: Corner Lot, Level
Details
- Parcel number: M:00206 L:00074,414859
- Zoning: B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Side by Side
Materials
- Frame
- Foundation: Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Private School, Public School, University
Location
- Region: Cambridge
HOA & financial
Other financial information
- Total actual rent: 4950
Other
Other facts
- Listing terms: Estate Sale
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$5,883,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,883,300