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7-9 Reed Street Cambridge, MA 02140

Active

$2,975,000
Price
11
Beds
5
Baths
4,724 sqft
$630 / sqft

About

ATTENTION DEVELOPERS A GREAT CONDOMINIUM CONVERSION OPPORTUNITY ON QUIET ONE WAY STREET IN NORTH CAMBRIDGE, PROPERTY BOASTS A TOTAL OF 6,593 SQUARE FEET READY FOR CONVERSION, WITH A POTENTIAL SELL OUT PRICE OF OVER $6.2 MILLION (AT $950 PSF), OR JUST KEEP THIS TURN KEY CASH COW WITH LEASES GENERATING $143,160.00 PER YEAR WITH A FUTURE BONUS POTENTIAL TO SEEK PERMITS TO FINISH OFF THE 1,500SF LOWER LEVEL (PARTIALLY SEMI FINISHED VACANT BASEMENT APARTMENT) FOR ADDITIONAL RENTAL INCOME!!!! *****SOME SELLER FINANCING MAY BE AVAILABLE*******SEE THE ATTACHED DOCUMENT "RENTAL/LEASE INFORMATION SHEET" & "CONDOMINIUM CONVERSION PRO FORMA" *******

  • Property Type Multi-family
  • City Cambridge
  • County Middlesex
  • MLS# 72777050
  • Built 1910
  • Lot Size 3,807 sqft

Location

Interior Features

Bedroom #2 Information

  • Dimensions :
  • On

Bedroom #3 Information

  • Dimensions :
  • On

Bedroom #4 Information

  • Dimensions :
  • On

Bedroom #5 Information

  • Dimensions :
  • On

Bathroom Information

  • # of Bathrooms (Full) : 5
  • # of Bathrooms (1/2) : 1
  • Master Bathroom :

Exterior Features

Exterior Features

  • Roof : Rubber
  • Exterior : Clapboard,Wood
  • Construction Material : Frame

Parking Features

  • Off-Street
  • Garage Parking :
  • Garage Space :
  • Open Parking Space :

Utilities

Utilities Information

  • Water Source : City/Town Water
  • Sewer and Water :
  • Water Front :
  • Hot Water : Natural Gas,Tank

Property/Lot Details

Lot Information

  • Living Area (sqft) : 4,724
  • Lot Size in Acres : 0.09

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