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
Remove from
FavoritesAdd to
Favorites		 Add to
Trip Map		 Hide Share or
Email
Selling Price: $2,300,000
Original List Price: $2,300,000
Sold at 100.0% of list price
Sold Date: 10/05/2023

Get Pre-Approved

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.

Open new tab for directions to this property
Map of 40 Cherry St, Somerville, MA

Location Map Street View

Inquire about this property

Photo of Christine Ashford
Direct: 603-770-1748
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
603-382-0360
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate, Charles Ball
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Browse By Area
MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Berkshire Hathaway HomeServices Commonwealth Real Estate

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.