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Sold for $5,600,000
  • $5,600,000

    2 & 4 Sherman St, Cambridge, MA 02138

    12beds
    10,656sqft
    5+ Family - 5+ Units Side by Side
    Built in 1920
    -- sqft lot
    $5,784,500 Zestimate®
    $526/sqft
    $3,816 Estimated rent

    Home value

    $5,784,500

    $4.80M - $6.94M

    $3,816/mo

    Zestimate® history
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    Owner options

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    $3,816/mo

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    $3,816/mo

    Rent Zestimate®

    Refinance and save

    $35,028/mo

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    $35,028/mo

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    What's special

    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Kearns-Nardone 978-766-2327,

    Century 21 CELLI 781-438-1230,

    Vanessa Palmieri 978-758-1425

    Bought with:

    Linglin Li

    Hickory Brook Realty, LLC

    Source: MLS PIN,MLS#: 73227441

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    • Full bathrooms: 12
    Features
    • Flooring: Tile, Hardwood
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 10,656
    • Total interior livable area: 10,656 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Paved Drive, Off Street, Assigned
    • Uncovered spaces: 12
    Lot
    • Size: 10,181 sqft
    • Features: Corner Lot, Level
    Details
    • Parcel number: M:00206 L:00074,414859
    • Zoning: B

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Side by Side
    Materials
    • Frame
    • Foundation: Brick/Mortar
    • Roof: Rubber
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Private School, Public School, University
    Location
    • Region: Cambridge

    HOA & financial

    Other financial information
    • Total actual rent: 4950

    Other

    Other facts
    • Listing terms: Estate Sale

    Price history

    DateEventPrice
    9/27/2024Sold$5,600,000+1.8%$526/sqft
    Source: MLS PIN #73227441 Report a problem
    6/14/2024Price change$5,499,000-8.3%$516/sqft
    Source: MLS PIN #73227441 Report a problem
    5/13/2024Price change$5,999,000-7.7%$563/sqft
    Source: MLS PIN #73227441 Report a problem
    4/23/2024Listed for sale$6,500,000$610/sqft
    Source: MLS PIN #73227441 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Peabody

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,784,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,784,500