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Ideally located just off Elm Street, one block to Porter Square and a half mile to Davis Square, this two family house is perfect for the long term investor or owner occupant. Just off the beaten path, it provides immediate access to the multitude of amenities, eateries, shops and movie theater, that these popular Cambridge and Somerville destinations have to offer. Both the first floor 3 bedroom/1.5 bath and second floor 4 bedroom/2 bath have two levels and in-unit laundry. They also have a strong rental history and have been well maintained. Unit 1, previously rented as two bedrooms at $3100, but recently converted to a three bedroom where the potential rent is estimated between $3300-3600/month. Unit 2 is currently leased through August 31st, 2019 for $4500. Nestled among only a few homes, situated on a corner lot, residents can enjoy the private back deck and patio along with driveway parking for 2 cars. Tremendous opportunity for an investment in a prime location in Cambridge.

MLS Listing ID: 72398073
Listing Price: $1,650,000
Listing Status: Contingent [?]
Neighborhood: Porter Square
Property Type: Multi Family
Bedrooms: 7
Full Baths: 3
Half Baths: 1
Living Space: 3040 sf.
Lot Size: 0.06 acres (2749 sf.)
Parking: Yes
Taxes: $7,169.00
Tax Year: 2018

Listing Current as of October 15, 2018 7:00am

This listing brought to you by Max Dublin of Gibson Sotheby's International Realty.

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