Sold
7-9 Reed St, Cambridge, MA
Cambridge · MA 02140
- $2,436,000
- Price
- 11
- Beds
- 5.5
- Baths
- 4724
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
4 Units
Lot size:
3,807 Sq.Ft Lot
Price per square foot:
$587 / Sq.Ft
Parking:
1 Off Street Space
About this home
$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" *******
Neighborhood & Transit
7-9 Reed St, Cambridge · MA 02140
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Alewife Red 0.42 mi
-
Davis Red 0.50 mi
Price Insight
- Days on Market:
- 2035 days
- Listing Price:
- $2,775,000
- Price per Sq.Ft:
- $587
- Tax Assessment:
- $1,950,400 in 2020
- Taxes:
- $865 / Monthly
Home Facts
Interior Features
- Bedrooms
- 11
- Full Bathrooms
- 5
- Half Bathrooms
- 1
- Living Area
- 4,724 Sq.Ft
- Broker Disclosure about Living Area
- 6,593SF TOTAL BUILDING AREA PER PUBLIC RECORD
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 110 Volts, 220 Volts, 100 Amps
Exterior Features
- Lot Size
- 3,807 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 1 Parking Space
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Charles Petitti
- Listing office
- Coldwell Banker Realty - Newton
- MLS PIN #
- 72777050
- Disclosure
- 6,593SF TOTAL BUILDING AREA PER PUBLIC RECORD