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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
Bedrooms 12
Full Baths 12
Year Built 1920
Annual Tax Amount $23,024
Tax Year 2024
Lot Size 10,018 Sqft
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
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
Roof Type Rubber
Building
Lot Description Corner Lot, Level
Story 9
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Acceptable Financing Estate Sale
Listing Terms Estate Sale
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Bought with Linglin Li • Hickory Brook Realty, LLC