Last Sold Price
9 beds4,170 sqft$492/sqft
47-49 Rice St, Cambridge, MA 02140

Description

Great Multi-family in a Fantastic location! 3 units that boast hardwood floors, 2 full baths, in-unit stackable washer and dryers, eat-in kitchens, and newer decks to relax on during the summer months. Great storage for each unit in the basement! This property has a choice of opportunities- live in one unit (after leases) and rent 2, turn into condos, or rent all 3 units! Close to alewife, amazing restaurants, shopping, buses, commuting and more! Investors don't miss this amazing opportunity to own...Great Multi-family in a Fantastic location! 3 units that boast hardwood floors, 2 full baths, in-unit stackable washer and dryers, eat-in kitchens, and newer decks to relax on during the summer months. Great storage for each unit in the basement! This property has a choice of opportunities- live in one unit (after leases) and rent 2, turn into condos, or rent all 3 units! Close to alewife, amazing restaurants, shopping, buses, commuting and more! Investors don't miss this amazing opportunity to own in a prime Cambridge location! There will be group showings on 2/13 from 1-4 pm- Don't miss this one! Tenants have leases until August..
LISTING CLOSED: 04/01/2022 12:00 AM

  1. Listed by Lorna Helms • Keller Williams Realty Boston Northwest

Property Details for 47-49 Rice Street

Status
MLS #
72940397
Days on Market
4
Taxes
$10,473 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 3 Family
Year Built
1897
Town
Cambridge
Area
MA-Cambridge
Garage Spaces
0
Open Parking Spaces
3.00
Parking Spaces Total
3

Location

Listing Courtesy of Keller Williams Realty Boston Northwest, Lorna Helms

Sold By Sweet Home Realty, Wangni Tian

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Building Information for 47-49 Rice Street

Stories6Residences3Year Built1897Building Size-Lot Size0.09 AC / 3,705 SF

Payment Calculator

$11,293 per month

30 year fixed, 6.55% Interest

Principal and Interest

$10,420

Property Taxes

$873

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 47-49 Rice Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 4170.0
  • Color: Mint Green
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer), Unit 2(Range, Unit 3(Range, Gas Water Heater
  • Basement Features: Full, Interior Access, Bulkhead, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Vinyl
  • Interior Features: Storage, Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Deck - Wood
  • Patio And Porch Features: Porch, Deck - Wood
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Tandem, Assigned
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Tandem, Assigned
  • Parking Features: Off-Street, Tandem, Assigned
Utilities
  • Electric: Circuit Breakers
  • Heating: Unit 1(Steam, Gas), Unit 2(Steam, Unit 3(Steam
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Listing Agent is Trustee for the Trust,Leases until August 31st,seepage in basement during heavy rain by bulkhead,listing agent related to beneficiary of Trust.
Tax Information
  • Tax ID: M:00192 L:00143,413640
  • Assessments: $1,790,300
  • Book: 0
  • Tax Year: 2021
  • Zoning: Multi
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $96,600.00
  • NOI: $96,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $8,050.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 47-49 Rice Street

DateEvent & SourcePriceAppreciation
Apr 1, 2022

Sold

MLS PIN #72940397

$2,050,000
Feb 11, 2022

Contingent

MLS PIN #72940397

Feb 7, 2022

Listed (Active)

MLS PIN #72940397

$1,750,000
DateEvent & SourcePrice
04/01/2022

Sold

MLS PIN #72940397

$2,050,000
02/11/2022

Contingent

MLS PIN #72940397

02/07/2022

Listed (Active)

MLS PIN #72940397

$1,750,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 47-49 Rice Street

Taxable ValueLand$574,900Additions$1,414,800Total$1,989,700
Tax Record2024$11,779 ($982 / month)
Home Facts
Baths3Total Finished SqFt4,171 SqFtAbove Grade Finished SqFt4,171 SqFtUnfinished Basement SqFt1,390 SqFtStories3Lot Size3,704 SqFtStyleTriplexYear Built1897ZoningBCountyMIDDLESEXAPNCAMB M:00192 L:00143

Schools near 47-49 Rice Street

This home is within Cambridge School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Peabody School
PublicPK to 5

Rindge Avenue Upper School
Public6 to 8

Cambridge Rindge and Latin School
Public9 to 12

Graham and Parks School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Boston Northwest, Lorna Helms

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.