$2,625,000
$2,650,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
96 Cedar St Somerville, MA 02143
15 Beds
7.5 Baths
6,000 SqFt
Key Details
Sold Price $2,625,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $437
MLS Listing ID 73046312
Sold Date 08/09/23
Bedrooms 15
Full Baths 6
Half Baths 3
Year Built 1900
Annual Tax Amount $19,559
Tax Year 2022
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
100% Leased with close proximity to Davis St. & Porter Sq. Property has a strong in place income with upside potential. 94-96 Cedar Street is a geographically well positioned multi-family property in Somerville, MA. It is conveniently located .5 miles from MBTA's Porter Square red line stop, .1 miles from the 88 and 90 bus lines,and provides easy access to I-93. 94-96 Cedar's unique proximity to multiple prestigious universities and world-renowned economic centers presents an opportunity for a savvy investor to gain exposure to one of the highest demand housing markets in the country.
Location
State MA
County Middlesex
Zoning RB
Direction Cedar Street
Exterior
Total Parking Spaces 6
Garage No
Building
Lot Description Other
Story 7
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Wayne Terrio • Coldwell Banker Realty - Cambridge