Sold
Last Sold Price
6 beds3,319 sqft

56 Rice St, Cambridge, MA 02140

Multi FamilyProperty Type
0.13 acresLot Size
1898Year Built
$490/sq ftPrice per sq ft
2 carsParking Spaces

Description

Fantastic opportunity to create a wonderful home in one of North Cambridge's most convenient locations. A 5,562 sq ft lot, situated on a one-way street with other well kept homes, 56 Rice St’s over 3,300 interior sq ft, not including the full unfinished basement, provides endless possibilities. The house will need updates but could be a wonderful single family for an end-user or developer. A condo conversion into 2 large units or a long term investment are other options that give this house immense...Fantastic opportunity to create a wonderful home in one of North Cambridge's most convenient locations. A 5,562 sq ft lot, situated on a one-way street with other well kept homes, 56 Rice St’s over 3,300 interior sq ft, not including the full unfinished basement, provides endless possibilities. The house will need updates but could be a wonderful single family for an end-user or developer. A condo conversion into 2 large units or a long term investment are other options that give this house immense flexibility for the next owner. The 2-car garage and deep lot add more utility and potential to this offering. Located just off Mass Ave. in close proximity to Porter & Davis Sq. along with Alewife there are many shops, restaurants and eateries at a stone's throw away. Group showings will be Fri 8/9 - Mon 8/12 from 12-1p and need to be confirmed with list agents. Seller may be willing to provide Buyer with financial incentives in the form of closing cost credits or other compensation.
  • Listed by: Max Dublin Team • Gibson Sotheby's International Realty
  • Listed by: Max Dublin • Gibson Sotheby's International Realty
  • Listed by: Katherine Tolman • Gibson Sotheby's International Realty
Listing closed: 09/23/2024 12:00 AM • Source: MLS PIN, MLS#: 73274780
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Location

Listing Courtesy of Gibson Sotheby's International Realty, Max Dublin Team; Gibson Sotheby's International Realty, Max Dublin; Gibson Sotheby's International Realty, Katherine Tolman

Sold By Gibson Sotheby's International Realty, Max Dublin Team

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Payment Calculator

$9,418 per month

30 year fixed, 7.03% Interest

Principal and Interest

$8,675

Property Taxes

$743

HOA Dues

$0

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Property Information for 56 Rice Street

Property Details

  • Taxes: $8,918 / year
  • MLS Type: Multi-family / 2 Family - 2 Units Up/Down
  • Town: Cambridge
  • MLS Area: North Cambridge
  • Area: MA-Cambridge-North Cambridge, MA-Cambridge
  • Garage Spaces: 2
  • Open Parking Spaces: 2.00
  • Parking Spaces Total: 2

Building Information

  • Stories: 3
  • Residences: 2
  • Year Built: 1898
  • Lot Size: 0.13 AC / 5,562 SF

General Details

Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station
  • Current Financing: Cash
  • Living Area: 3319.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records

Features

Interior Features
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Water: Public

Property Information

Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Estate sale: owner has never lived in the house and has limited knowledge about age or history of anything.
Tax Information
  • Tax ID: M:00196 L:00059,414051
  • Assessments: $1,465,400
  • Book: 0
  • Tax Year: 2024
  • Zoning: B

Building / Association Information

Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Other
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Complex & Association Information
  • Adult Community: No

Unit Information

Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2

Rental Info

Rental Info
  • Total Actual Rent: $.00

Market and Agent Information

Sale Info
  • Buyer Broker Comp: 0
  • Other Agent Compensation: 0

Property History for 56 Rice Street

DateEvent & SourcePriceAppreciation
Sep 23, 2024

Sold

MLS PIN #73274780

$1,625,000—
Aug 13, 2024

Under Agreement

MLS PIN #73274780

—
Aug 13, 2024

Contingent

MLS PIN #73274780

—
DateEvent & SourcePrice
09/23/2024

Sold

MLS PIN #73274780

$1,625,000
08/13/2024

Under Agreement

MLS PIN #73274780

—
08/13/2024

Contingent

MLS PIN #73274780

—

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

Public records

56 Rice Street

Baths

3

Total Finished SqFt

2,748 SqFt

Above Grade Finished SqFt

2,748 SqFt

Unfinished Basement SqFt

1,011 SqFt

Stories

2

Lot Size

5,562 SqFt

Schools near 56 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 Gibson Sotheby's International Realty, Max Dublin Team; Gibson Sotheby's International Realty, Max Dublin; Gibson Sotheby's International Realty, Katherine Tolman

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.