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Cambridge, MA 02139 • Area 4-The Port
$2,010,000
Est. $10,698/month
About this home
Located in Cambridge, MA, this 100% vacant multifamily property is in complete shell condition and offers investors optionality in their business plan. The property currently consists of +/- 3,800 SF and sits on a +/-4,000 SF lot that offers fenced in green-space in the rear of the building. The wood framed building consists of two stories and a basement. The property is currently down to the studs in shell condition.
Sale Statistics
Sale Overview
Original List Price:
$1,870,000
Final Sale Price:
$2,010,000
Difference:
+$140,000 (+7.5%)
Performance Metrics
107.5%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$482
Sale $/sq ft:
$519
This property sold for $519 per square foot
Sale Summary
This property sold for 7.5% above the original asking price, indicating strong buyer demand.
With only 14 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
5-9 Family
Property Category
Residential Income
Year Built
1894
Living Area
3,876 sq ft
Stories
3
Levels
3
Interior Features
Flooring
Other
Has Fireplace
No
Basement Details
Unfinished
Exterior & Structure
Construction Materials
See Remarks
Roof
Other
Foundation
Other
Exterior Features
Garden
Patio/Porch Features
Porch
Fencing
Fenced
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.09 acres
Lot Size
3,898 sq ft
Lot Size Area
0.0900
Lot Features
Level
Road Surface Type
Paved
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Parking Features
Paved Drive, Other
Utilities & Systems
Water Source
Public, Individual Meter
Sewer
Public Sewer
Electric
Other (See Remarks)
Energy Efficient Features
Other (See Remarks)
Community & HOA
Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University, Sidewalks
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$1
Tax Year
2024
Tax Assessed Value
$681,600
Zoning
C-1
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Location
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Neighborhood
Area 4-The Port
103-109 School Street, Cambridge MA 02139
Cambridge, MA 02139
Walkability
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Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$0
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
7%
Price Range
15
Total Days on Market
Property Timeline
Sold
Sep 13, 2024
$2,010,000
Property sold
Days on Market: 15
Listed for Sale
Aug 13, 2024
$1,870,000
Original listing
Agent: Kevin Benzinger
Office: Boston Realty Advisors
Date | Event | Price | Change | $/sqft | Details |
---|---|---|---|---|---|
09/13/2024 | ✓ Sold | $2,010,000 | - | - | Property sold |
08/13/2024 | 🏠 Listed for Sale | $1,870,000 | - | - | Original listing |