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$1,495,000
Multi-family - 2 Units
2,725 sqft
16-18 Seven Pines Ave. #
Cambridge, 02140 - North Cambridge
The property is a beautifully maintained two-family currently rented to young professionals with a monthly income of $6,500.00 for both units. It is in the desirable location of North Cambridge within 7 minutes to Davis Square and the Red Line T. Additionally, public transportation is convenient to Harvard, Tufts, MIT, and the Highway to Route #2. This property has solar panels providing 2/3 to 3/4 of the electric usage for the entire home. Both units have separately metered electricity and gas and forced hot air with high efficiency furnaces. (THERE IS 1 LEASE FOR ENTIRE PROPERTY...ALL TENANTS ARE FRIENDS AND PAY $6,500.00/MONTH..LEASE ENDS 8/31/22.)
| MLS ID: | 72942759 |
|---|---|
| Annual Tax: | $7,448 |
| Assessments: | $1,230,300 |
| Year Built: | 1903 |
| Days on market: | 816 |
| Basement: | Full,Exterior Access |
Unit information
| Unit 1 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unit Floor: | 1 | Living Levels: | 1 | Rooms: | 4 | Bedrooms: | 1 | Bathrooms: | 1 full / 0 half | Rent: | 0 | Lease: | Y |
| Unit 2 | |||||||||||||
| Unit Floor: | 2 | Living Levels: | 2 | Rooms: | 7 | Bedrooms: | 4 | Bathrooms: | 2 full / 0 half | Rent: | 6500 | Lease: | Y |
Property History
| id | type | status | price | listed | updated |
|---|---|---|---|---|---|
| 72942759 | Multi-family | Sold | $1,495,000 | 15-Feb-22 | 02-Sep-22 |
| 72725117 | Multi-family | Active | $1,749,000 | 11-Sep-20 | 13-Nov-20 |
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