Multi-Family for Sale: 2 & 4 Sherman Street, Cambridge, MA 02138 SOLD

12 beds
12 full baths
10,656 sqft
$5,600,000
$5,600,000
2 & 4 Sherman Street, Cambridge, MA 02138 SOLD
12 beds
12 full baths
10,656 sqft
$5,600,000
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Selling Price: $5,600,000
Original List Price: $6,500,000
Sold at 86.2% of list price
Sold Date: 09/27/2024

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Type Multi-Family
Beds 12
Total Baths 12 full baths
Square Feet 10,656 sqft
Lot Size 0.23 acres
Year Built 1920
City Cambridge
County Middlesex
MLS 73227441
Status Closed
DOM 157 days
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

Lot & Building Features

Construction Frame
Sewer Public Sewer
Tax Year 2024
Taxes Paid $23,024
Water Public
Foundation Brick/Mortar
Roof Rubber
Full Baths 12
Parking Assigned, Paved Drive, Off Street
Total Rooms 48
Basement Feature Full
Garage Spaces 0

Price History of 2 & 4 Sherman Street, Cambridge, MA

Date Name Price Difference
06/14/2024 Price Adjustment $5,600,000 6.65%
05/13/2024 Price Adjustment $5,999,000 7.71%
04/23/2024 Listing Price $6,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Elizabeth Niemaszyk
Direct: 978-375-5778
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Century 21 CELLI, Kimberly Kearns-Nardone
Sold by Hickory Brook Realty, LLC, Linglin Li
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Listing information courtesy of: Century 21 CELLI

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