47-49 Rice Street

Sold 4/1/22

Sold

Last Sold Price

$2,050,000

9 beds6 baths4,170 sqft

47-49 Rice St, Cambridge, MA 02140

Multi FamilyProperty Type

0.09 acresLot Size

1897Year Built

$492/sq ftPrice per sq ft

3 carsParking Spaces

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..

Listed by: Lorna Helms • Keller Williams Realty Boston Northwest

Listing closed: 04/01/2022 12:00 AM • Source: MLS PIN, MLS#: 72940397

Recent comparable sales

Median sold price

$2,500,000

Avg days on market

Sale-to-list ratio

91.6%

1/26

$2,610,000

Sold 09/08/26

9
Bedrooms: 6
Bathrooms: 3,957
Square Feet: 0.10
Acres

22 Madison Avenue, Cambridge, MA 02140

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Bedrooms: 6
Bathrooms: 3,213
Square Feet: 0.05
Acres

49-51 Putnam Avenue, Cambridge, MA 02138

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Bedrooms: 6
Bathrooms: 4,672
Square Feet: 0.06
Acres

28 Berkshire Street, Cambridge, MA 02141

1/2

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Bedrooms: 6
Bathrooms: 4,205
Square Feet: 0.04
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64-66 6th Street, Cambridge, MA 02141

a front view of a residential apartment building with a yard

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Bedrooms: 3
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Square Feet: 0.09
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Bedrooms: 6
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Square Feet: 0.06
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Bathrooms: 4,678
Square Feet: 0.27
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Square Feet: 0.05
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Bedrooms: 3
Bathrooms: 3,429
Square Feet: 0.07
Acres

12 Merrill Street, Cambridge, MA 02139

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Location

Listing Courtesy of Keller Williams Realty Boston Northwest, Lorna Helms

Sold By Sweet Home Realty, Wangni Tian

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$11,817 per month

30 year fixed, 7.03% Interest

Principal and Interest

$10,944

Property Taxes

$873

HOA Dues

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Property Information for 47-49 Rice Street

Property Details

Taxes: $10,473 / year
MLS Type: Multi-family / 3 Family
County: Middlesex County
Town: Cambridge
Area: MA-Cambridge
Garage Spaces: 0
Open Parking Spaces: 3.00
Parking Spaces Total: 3

Building Information

Stories: 6
Residences: 3
Year Built: 1897
Lot Size: 0.09 AC / 3,705 SF

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

Date	Event & Source	Price	Appreciation
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	—
Dec 11, 2009	Sold (Public Record) Public Record #326574088	$1	—

Date	Event & Source	Price
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
12/11/2009	Sold (Public Record) Public Record #326574088	$1

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

Public records

47-49 Rice Street

Baths

Total Finished SqFt

4,171 SqFt

Above Grade Finished SqFt

4,171 SqFt

Unfinished Basement SqFt

1,390 SqFt

Stories

Lot Size

3,704 SqFt

Schools near 47-49 Rice Street

This home is within Cambridge School District.


Rating	School	Type	Grades	Distance
7/10	Peabody School	Public - Nearby school	PK to 5	0.2 mi
8/10	Rindge Avenue Upper School	Public - Nearby school	6 to 8	0.2 mi
8/10	Cambridge Rindge and Latin School	Public - Nearby school	9 to 12	1.7 mi
8/10	Graham and Parks School	Public - Choice school	PK to 5	0.9 mi
9/10	John M. Tobin Montessori School	Public - Nearby school	PK to 5	0.9 mi
8/10	Vassal Lane Upper School	Public - Nearby school	6 to 8	0.9 mi
NR	Cristo Rey Boston High School	Private - Nearby school	9 to 12	0.0 mi
NR	Cambridge Friends School	Private - Nearby school	PK to 8	0.5 mi
NR	The Cambridge Matignon School	Private - Nearby school	9 to 12	0.5 mi


Rating	School	Distance
7/10	Peabody School PublicPK to 5 Nearby school	0.2 mi
8/10	Rindge Avenue Upper School Public6 to 8 Nearby school	0.2 mi
8/10	Cambridge Rindge and Latin School Public9 to 12 Nearby school	1.7 mi
8/10	Graham and Parks School PublicPK to 5 Choice school	0.9 mi
9/10	John M. Tobin Montessori School PublicPK to 5 Nearby school	0.9 mi
8/10	Vassal Lane Upper School Public6 to 8 Nearby school	0.9 mi
NR	Cristo Rey Boston High School Private9 to 12 Nearby school	0.0 mi
NR	Cambridge Friends School PrivatePK to 8 Nearby school	0.5 mi
NR	The Cambridge Matignon School Private9 to 12 Nearby school	0.5 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 47-49 Rice Street, Cambridge, MA 02140	$2,050,000	9	6	4,170	3,705
47 Rice Street, Unit 49, Cambridge, MA 02140	$30,564	–	3.5	4,171	3,704
51 Rice Street, Cambridge, MA 02140	$300,000	8	3	–	3,468
53 Rice Street, Cambridge, MA 02140	$300,000	–	4	4,110	3,467
41 Rice Street, Cambridge, MA 02140	$1	–	–	–	6,217
57 Rice Street, Unit 59, Cambridge, MA 02140	–	–	–	–	3,864
57 Rice Street, Unit 2, Cambridge, MA 02140	–	4	2.5	1,962	–
57 Rice Street, Unit 1, Cambridge, MA 02140	$700,000	2	1	1,260	–
36 A Rice Cambridge Ma, Unit 2, Cambridge, MA 02140	$425,000	3	2	1,176	–
2 Rice Circle, Cambridge, MA 02140	–	–	4	3,598	3,821
37 Rice Street, Cambridge, MA 02140	$593,000	–	3	2,013	6,299
1 Rice Circle, Cambridge, MA 02140	$671,000	2	2	1,652	2,622
38 Rice Street, Unit 2, Cambridge, MA 02140	$209,000	2	1	1,065	–
38 Rice Street, Unit 3, Cambridge, MA 02140	$360,000	2	1	1,066	–
48 Rice Street, Cambridge, MA 02140	–	–	–	–	4,800
48 Rice Street, Unit 3, Cambridge, MA 02140	$365,000	2	1	948	–

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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.

47-49 Rice St, Cambridge, MA 02140

Cambridge, MA

Property Details

Building Information

General Details

Features

Property Information

Building / Association Information

Unit Information

Rental Info

Market and Agent Information

Baths

Total Finished SqFt

Above Grade Finished SqFt

Unfinished Basement SqFt

Stories

Lot Size

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