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
Property Features
Property Information:
Year Built: 1920
Living Area: 10,656 SqFt
Listing Office:
Office Name: Century 21 CELLI
Listing Agent: Kimberly Kearns-Nardone
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Tile, Hardwood
Bedroom and Bathroom Information:
Full Bathrooms: 12
Total Bedroom Count: 12
Exterior Features
Parking Information:
Parking: Paved Drive, Off Street, Assigned
Lot Features
Lot Information:
Lot: Corner Lot, Level
Lot Size: 0.23 Acres
School Info
Assigned Schools Information:
Cambridge Rindge and Latin, Public District Grades 9-12
Amigos School, Public District Grades PK-8
John M Tobin, Public District Grades PK-5
Peabody, Public District Grades PK-5
Maria L. Baldwin, Public District Grades PK-5
Other
Directions Information:
Directions: Corner of Huron Ave and Sherman Street
Price Information
Listing Price Info
Price Summary:
List Price: $6,500,000
Price Per SqFt: $610/SqFt
Agent Commission:
Buyer's Agent Commission: 2
Tax Information:
Annual Amount: $21,829
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Cambridge, MA.
This property is $5.4M more than the Median Sold Price and $259/SqFt less than other homes in Cambridge, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73227441
Listing Office:
Office Name: Century 21 CELLI
Listing Agent: Kimberly Kearns-Nardone
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 5/6/2024, 12:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$21,829
$3,731,400
2020
$19,867
$3,455,100
2019
$18,489
$3,112,700
2018
$17,482
$2,779,300
2017
$16,397
$2,526,500
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
John M Tobin
197 Vassal Ln
Distance between this listing and this school0.54 miles
Public District Grades PK-5
8
/10
Peabody
70 Rindge Ave
Distance between this listing and this school0.54 miles
Public District Grades PK-5
7
/10
Maria L. Baldwin
28 Sacramento St
Distance between this listing and this school0.65 miles
Public District Grades PK-5
Middle School
8
/10
Amigos School
15 Upton St
Distance between this listing and this school1.81 miles
Public District Grades PK-8
High School
5
/10
Cambridge Rindge and Latin
459 Broadway
Distance between this listing and this school1.17 miles
Public District Grades 9-12
Assigned Schools
7
/10
John M Tobin
197 Vassal Ln
Distance between this listing and this school0.54 miles
Public District Grades PK-5
8
/10
Peabody
70 Rindge Ave
Distance between this listing and this school0.54 miles
Public District Grades PK-5
7
/10
Maria L. Baldwin
28 Sacramento St
Distance between this listing and this school0.65 miles
Public District Grades PK-5
Assigned Schools
8
/10
Amigos School
15 Upton St
Distance between this listing and this school1.81 miles
Public District Grades PK-8
Nearby Schools
6
/10
Vassal Lane Upper School
197 Vassal Ln
Distance between this listing and this school0.54 miles
Public District Grades 6-8
5
/10
Rindge Avenue Upper School
70 Rindge Ave
Distance between this listing and this school0.54 miles
Public District Grades 6-8
Assigned Schools
5
/10
Cambridge Rindge and Latin
459 Broadway
Distance between this listing and this school1.17 miles
Public District Grades 9-12
Nearby Schools
4
/10
Somerville High School
81 Highland Ave
Distance between this listing and this school1.63 miles
Public District Grades 9-12
4
/10
Prospect Hill Academy Charter School
50 Essex St
Distance between this listing and this school1.85 miles
The neighbors living near this home have an average income of $63,384. Residents of Cambridge, MA typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
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This home is located at 2 Sherman St in Cambridge, MA and zip code 02138 in the Peabody neighborhood. This 10,656 square foot home, which was built in 1920, sits on a 0.23 acre lot. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $6,500,000.
Cambridge, MA housing market in April 2024 saw over 25 listings sold above listed price, more than 6 sold at listed price and over 23 sold below. The number of homes for sale in Cambridge, MA increased by 20.3% between March 2024 and April 2024. Listings spent 29 days on the market in April 2024, and had a median list price of $1,039,571 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
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