Sold
Last Sold Price
13 beds6,808 sqft
54 Bay State Rd, Cambridge, MA 02138
Multi FamilyProperty Type
0.14 acresLot Size
2012Year Built
$562/sq ftPrice per sq ft
5 carsParking Spaces

Description

Incredibly unique investment opportunity, in desirable Cambridge neighborhood. 5 renovated, condo ready, units within walking distance of Alewife Station (Redline T) Luxury style finishes include: gas fireplace, maple hardwood & porcelain tile flooring, stainless steel energy star appliances, central/forced air heating/cooling and covered off street parking. (3) different, three bed 2 bath layouts and (2) identical two bed 2 bath options. Each unit boasts large open concept living with eat in kitchen...Incredibly unique investment opportunity, in desirable Cambridge neighborhood. 5 renovated, condo ready, units within walking distance of Alewife Station (Redline T) Luxury style finishes include: gas fireplace, maple hardwood & porcelain tile flooring, stainless steel energy star appliances, central/forced air heating/cooling and covered off street parking. (3) different, three bed 2 bath layouts and (2) identical two bed 2 bath options. Each unit boasts large open concept living with eat in kitchen and separate dining area. Master bedroom with en-suite bath and in unit, king size, washer dryer.
  • Listed by: Benjamin Bern • Coldwell Banker Realty - Back Bay
Listing closed: 02/17/2021 12:00 AM • Source: MLS PIN, MLS#: 72721624

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Recent comparable sales

Median sold price

$3,820,000

Avg days on market

68

Sale-to-list ratio

94.7%

Cambridge, MA

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Location

Listing Courtesy of Coldwell Banker Realty - Back Bay, Benjamin Bern

Sold By Coldwell Banker Realty - Back Bay, Benjamin Bern

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$22,119 per month

30 year fixed, 7.03% Interest

Principal and Interest

$20,420

Property Taxes

$1,699

HOA Dues

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Property Information for 54 Bay State Road

Property Details
  • Taxes: $20,393 / year
  • MLS Type: Multi-family / 5+ Family - 5+ Units Up/Down
  • Town: Cambridge
  • Area: MA-Cambridge
  • Garage Spaces: 0
  • Open Parking Spaces: 5.00
  • Parking Spaces Total: 5
Building Information
  • Stories: 11
  • Residences: 5
  • Year Built: 2012
  • Lot Size: 0.14 AC / 5,891 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other (See Remarks)
  • Current Financing: Cash
  • Living Area: 6808.0
  • Total Units: 5
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 4 Remodeled
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Disposal, Microwave, Freezer, Refrigerator - ENERGY STAR, Dryer - ENERGY STAR, Dishwasher - ENERGY STAR, Washer - ENERGY STAR, Range - ENERGY STAR), Unit 2(Disposal, Unit 3(Disposal, Unit 4(Disposal, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Num of Baths: 9.0
  • Num of Full Baths: 9
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 9.00
  • Bathrooms Total Integer: 9
  • FireplaceFeatures: Unit 1(Fireplace - Natural Gas), Unit 2(Fireplace - Natural Gas), Unit 3(Fireplace - Natural Gas), Unit 4(Fireplace - Natural Gas)
  • FireplaceYN: Yes
  • Fireplaces: 5
  • Flooring: Tile, Bamboo, Unit 1(undefined), Unit 2(Hardwood Floors, Wood Flooring, Stone/Ceramic Tile Floor), Unit 3(Hardwood Floors, Unit 4(Hardwood Floors
  • Interior Features: Unit 1(Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Open Floor Plan), Unit 2(Stone/Granite/Solid Counters, Programmable Thermostat), Unit 3(Stone/Granite/Solid Counters, Open Floor Plan, Unit 4(Upgraded Cabinets, Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
Exterior Features
  • Construction: Frame
  • Lot Description: Corner Lot
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Assigned
  • Parking Features: Off-Street, Assigned
  • Parking Features: Off-Street, Assigned
Utilities
  • Cooling: Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air), Unit 4(Central Air)
  • Cooling: Yes
  • Heating: Unit 1(Forced Air), Unit 2(Forced Air), Unit 3(Forced Air), Unit 4(Forced Air)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
Tax Information
  • Assessments: $3,433,200
  • Book: 71749
  • Tax Year: 2019
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 13
  • Total Living Levels: 11
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • GOI: $230,400.00
  • NOI: $230,400.00
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: 2
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $14,500.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Selling Broker Comp: 1
  • Other Agent Compensation: 1

Property History for 54 Bay State Road

DateEvent & SourcePriceAppreciation
Feb 17, 2021

Sold

MLS PIN #72721624

$3,825,000—
Dec 16, 2020

Under Agreement

MLS PIN #72721624

—
Dec 16, 2020

Contingent

MLS PIN #72721624

—
DateEvent & SourcePrice
02/17/2021

Sold

MLS PIN #72721624

$3,825,000
12/16/2020

Under Agreement

MLS PIN #72721624

—
12/16/2020

Contingent

MLS PIN #72721624

—

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

Schools near 54 Bay State Road

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
John M. Tobin Montessori School
PublicPK to 5

Vassal Lane Upper School
Public6 to 8

Cambridge Rindge and Latin School
Public9 to 12

Peabody 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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Listing Courtesy of Coldwell Banker Realty - Back Bay, Benjamin Bern

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.