248-254 Elm St, Cambridge, MA 02139 - Photo 1

1/1

$3,400,000

Sold
Closed
Multi-Family
6 Units
16 Total Beds
0.11 Acres

1/1

Property Description

96 WalkScore! Rare offering in prime Inman Square. 6-Unit residential Multifamily with 16 bedrooms total (4 three-beds, 2 two-beds), 6 bathrooms total, 6 parking spaces in the rear parking lot, 6756sqft of living area, 4906sqft lot size, all according to city records. Located right in the epicenter of Cambridge - nestled between Central Square, Inman Square, Union Square, and East Cambridge. Basic rental quality, all units with separate heat/gas/electric. 2 vacant units, 4 leases through Aug 31, 2021. The location has easy access to Union Square and the "innovation zone" that includes 2.4M SQ of new transit oriented development, 1.2M+SQ of new lab and innovation space, 1000 new residences, 140K+SQ of new restaurants/shops/services, 3.6 acres of new open spaces - ref to discoverusq.com. The landlord always gets lots of rental apps from MIT/Harvard affiliated tenants. Ask for the 3D tour. Masks/gloves are required for showings.

Full Property Details

Full Property Details for 248-254 Elm St

General

Sold For: $3,400,000
Taxes: $15,501 (2021)
Status: Closed
Type: Multi-Family
Source: MLSPin
MLS ID: 72802547
Added to Site: 1, 762 day(s) ago

Interior

Number of Rooms: 24

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 16

Parking

Parking: Off-Street Parking, Improved Driveway

Location

County: Middlesex

Structural Information

Architectural Style: 5-9 Family
Basement: Yes
Basement Desc.: Unfinished Basement
Square Feet: 6,756
Year Built: 1900

Unit Information

Unit 1

Bedrooms: 2

Unit 2

Bedrooms: 3

Unit 3

Bedrooms: 3

Unit 4

Bedrooms: 3

Lot Features

Lot Size (Acres): 0.11
Lot Size (Sq. Ft.): 4,905
Zoning: C-1
Lot Description: Other (See Remarks)

Financial Considerations

Tax Amount: $15,501.92
Tax Year: 2021

Disclosures and Reports

Legal Disclosures: Seller does not make any representations, so Buyer and Buyers Agents to verify all details and information.

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Meet the listing agent

— 248-254 Elm St —

Mac Chinsomboon

Email Me

(617) 905-6622 mobile
(617) 266-4430 direct

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Price & Sales History for 248-254 Elm St

Date

Details

Price

Change

Source

7/13/2021

Sold

$3,400,000

-10.53%

MLS

5/04/2021

Price Reduced

$3,800,000

-2.56%

MLS

3/23/2021

Listed

$3,900,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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248-254 Elm St, Cambridge, MA 02139 (MLS# 72802547) is a Multi-Family property that was sold at $3,400,000 on July 13, 2021. This property was listed by Mac Chinsomboon from our Boston-Back Bay Office.Want to learn more about 248-254 Elm St? Do you have questions about finding other Multi-Family real estate for sale in Inman Square? You can browse all Inman Square real estate or contact a Coldwell Banker agent to request more information.

248-254 Elm St Cambridge, MA 02139