About 2 & 4 Sherman Street
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
Open Houses
Sat, May 18th | 11:00 am - 12:30 pm |
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Features of 2 & 4 Sherman Street
MLS® # | 73227441 |
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Price | $5,999,000 |
Units | 12 |
Bedrooms | 12 |
Bathrooms | 12.00 |
Full Baths | 12 |
Square Footage | 10,656 |
Acres | 0.23 |
Year Built | 1920 |
Type | Residential Income |
Sub-Type | 5+ Family - 5+ Units Side by Side |
Status | Active |
Community Information
Address | 2 & 4 Sherman Street |
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City | Cambridge |
County | Middlesex |
State | MA |
Zip Code | 02138-6710 |
Amenities
Utilities | for Gas Range |
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Parking Spaces | 12 |
Parking | Paved Drive, Off Street, Assigned |
Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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# of Stories | 9 |
Additional Information
Zoning | B |
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Gross Income | $59,400 |
Net Operating Income | $59,400 |
Total Actual Rent | $4,950 |
Listing Details
Agent | Kimberly Kearns-nardone |
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Office | Century 21 CELLI |