Cambridge, MA 02140,4 Saginaw Ave
Cambridge, MA 02140,4 Saginaw Ave
Cambridge, MA 02140,4 Saginaw Ave
$1,500,000
Est. payment /mo
$1,650,000
9.1%
Est.Price: ?

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7 Beds
3.5 Baths
3,040 SqFt
SOLD DATE : 11/15/2018

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $493

MLS Listing ID 72398073

Sold Date 11/15/18

Bedrooms 7

Full Baths 3

Half Baths 1

Year Built 1891

Annual Tax Amount $7,169

Tax Year 2018

Lot Size 2,613 Sqft

Acres 0.06

Property Description

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.

Location

State MA

County Middlesex

Area Porter Square

Zoning B

Direction Elm Street to Saginaw

Rooms

Basement Full, Partially Finished

Interior

Flooring Wood, Tile, Carpet

Fireplaces Number 1

Appliance Gas Water Heater

Basement Type Full, Partially Finished

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station

Roof Type Shingle

Total Parking Spaces 2

Garage No

Building

Lot Description Corner Lot

Story 4

Foundation Other

Sewer Public Sewer

Water Public

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Listed by Gibson Sotheby's International Realty
Bought with Yoon Song • Century 21 Shawmut Properties

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