$6,500,000 ($609.98 per sqft)

Est. Mortgage $34,160/mo *

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2 & 4 Sherman Street, Cambridge, MA, 02138

2 & 4 Sherman Street, Cambridge, MA, 02138

48 rooms

12 beds

12 Full baths

1920

10,656 sqft

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


Status:

Active

Type:

Multi-family

Units:

12

Zoning:

B

Basement:

Full

Levels:

9

Parking:

12-car Paved Drive, Off Street, Assigned

Acreage:

0.23

Est. Taxes:

$23,024

Assessment

$3,889,200

Construction

Frame

Utilities

for Gas Range

Lot Description:

Corner Lot, Level

Amenities:

Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Private School, Public School, University

MLS #:

73227441

Buyer Agent Compensation:

2

Facilitator Compensation:

1

Compensation Based On:

Gross/Full Sale Price

Sub-Agency Relationship Offered:

No


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Kimberly Kearns-nardone, Century 21 CELLI