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.
Sold for $2,625,000 on 08/09/23
$2,625,000
96 Cedar St, Somerville, MA 02143
15beds
6,000sqft
5+ Family - 5+ Units Up/Down
Built in 1900
-- sqft lot
$-- Zestimate®
$438/sqft
$5,091 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 09, 2023 at 06:08am
Listed by:
David Berman,
The Stubblebine Company
Bought with:
Wayne Terrio
Coldwell Banker Realty - Cambridge
Source: MLS PIN,MLS#: 73046312
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 9
- Full bathrooms: 6
- 1/2 bathrooms: 3
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Parking
- Total spaces: 6
Lot
- Size: 7,691 sqft
- Features: Other
Details
- Parcel number: M:29 B:F L:5,751363
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Other
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 14350