Massive Porter/Davis Square triple decker is a rarely available investment opportunity. This updated blue chip asset is steps to both the MBTA Redline Porter and Davis Sq stops, 1.5 miles from both the Harvard/Radcliffe Quad and Tufts University, and just over 3 miles from Boston Financial District. With a WalkScore of 95, a BikeScore of 96, this property also has a long history of top rental production. Each unit has over 1300 sf with one 3br/1.5ba apartment and 2 4br/1.5ba units, plus assigned ample parking for 6 cars in back. Recent updates include new siding, new back decks, updated kitchens and bathrooms. Fully leased @ almost $14,000/m from 9/1/23-8/31/24. A rare opportunity to start or bolster the savvy investor's portfolio.
Sold
$2,300,000
40 Cherry St, Somerville, MA 02144
11beds
4,003sqft
3 Family
Built in 1920
-- sqft lot
$2,432,400 Zestimate®
$575/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: October 05, 2023 at 02:14pm
Listed by:
Charles Ball,
Berkshire Hathaway HomeServices Commonwealth Real Estate
Bought with:
Mo Asgarzadeh
Media Realty LLC
Source: MLS PIN,MLS#: 73127326
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 4,003
- Total interior livable area: 4,003 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Shared Driveway, Off Street
- Has uncovered spaces: Yes
Lot
- Size: 5,165 sqft
Details
- Parcel number: M:30 B:D L:5,751636
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Rubber
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 13350
Services availability
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
$2,432,400
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
$2,432,400