Multi-Family for Sale: 40 Cherry St, Somerville, MA 02144 SOLD

11 beds
3 full, 3 half baths
4,003 sqft
$2,300,000
$2,300,000
40 Cherry St, Somerville, MA 02144 SOLD
11 beds
3 full, 3 half baths
4,003 sqft
$2,300,000
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Selling Price: $2,300,000
Original List Price: $2,300,000
Sold at 100.0% of list price
Sold Date: 10/05/2023

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Type Multi-Family
Beds 11
Total Baths 3 full, 3 half baths
Square Feet 4,003 sqft
Lot Size 0.12 acres
Year Built 1920
City Somerville
County Middlesex
MLS 73127326
Status Closed
DOM 107 days
Massive Porter/Davis Square triple decker is a rarely available investment opportunity. This updated blue chip asset is steps to both the MBTA Redline Porter and Davis Sq stops, 1.5 miles from both the Harvard/Radcliffe Quad and Tufts University, and just over 3 miles from Boston Financial District. With a WalkScore of 95, a BikeScore of 96, this property also has a long history of top rental production. Each unit has over 1300 sf with one 3br/1.5ba apartment and 2 4br/1.5ba units, plus assigned ample parking for 6 cars in back. Recent updates include new siding, new back decks, updated kitchens and bathrooms. Fully leased @ almost $14,000/m from 9/1/23-8/31/24. A rare opportunity to start or bolster the savvy investor's portfolio.

Lot & Building Features

Construction Frame
Sewer Public Sewer
Tax Year 2023
Taxes Paid $18,979
Water Public
Foundation Stone
Roof Rubber
Full Baths 3
Half Baths 3
Parking Off Street, Shared Driveway, Paved Drive
Total Rooms 17
Basement Feature Full
Garage Spaces 0

Price History of 40 Cherry St, Somerville, MA

Date Name Price Difference
06/20/2023 Listing Price $2,300,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Kaylen Koustas
Direct: 603-722-5022
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate, Charles Ball
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Listing information courtesy of: Berkshire Hathaway HomeServices Commonwealth Real Estate

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