$6,500,000
2 & 4 Sherman Street
Cambridge, MA, 02138
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
Property Details
Price:
$6,500,000
MLS #:
73227441
Status:
Active
Beds:
12
Baths:
12
Address:
2 & 4 Sherman Street
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
City:
Cambridge
Listed Date:
Apr 23, 2024
State:
MA
Finished Sq Ft:
10,656
ZIP:
02138
Lot Size:
10,181 sqft / 0.23 acres (approx)
Year Built:
1920
Schools
Interior
Bathrooms
12 Full Bathrooms
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
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Assigned
Parking Spots
12
Roof
Rubber
Financial
Buyer Agent Compensation
2%
Tax Year
2024
Taxes
$23,024
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Century 21 CELLI. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
2 & 4 Sherman Street
Cambridge, MA
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