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Est. Mortgage: $/month

Federal 30-year interest rate: 6.67% last updated on 2026-08-13

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7-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 021407-9 Reed Street Cambridge MA 02140
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  • 11Bedrooms
  • 6Bathrooms
  • 4,724Square Feet
$100K PRICE REDUCTION !!! ATTENTION DEVELOPERS A GREAT CONDOMINIUM CONVERSION OPPORTUNITY ON QUIET ONE WAY STREET IN NORTH CAMBRIDGE, PROPERTY BOASTS A TOTAL OF 6,593 SQUARE FEET READY FOR CONVERSION, WITH A POTENTIAL SELL OUT PRICE OF OVER $6.2 MILLION (AT $950 PSF), OR JUST KEEP THIS TURN KEY CASH COW WITH LEASES GENERATING $143,760.00 PER YEAR WITH A FUTURE BONUS POTENTIAL TO SEEK PERMITS TO FINISH OFF THE 1,500SF LOWER LEVEL (PARTIALLY SEMI FINISHED VACANT BASEMENT APARTMENT) FOR ADDITIONAL RENTAL INCOME!!!! *****SOME SELLER FINANCING MAY BE AVAILABLE*******SEE THE ATTACHED DOCUMENT "RENTAL/LEASE INFORMATION SHEET" & "CONDOMINIUM CONVERSION PRO FORMA" *******
Listed by Charles Petitti of Coldwell Banker Realty - Newton

Listing Sold by Coldwell Banker Realty - Newton

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Basic Information

  • Concessions Amount $20,000
  • Dual Variable Compensation YN Yes
  • Gross Income $143,760
  • Listing Terms Seller W/Participate
  • Mls StatusSold
  • Rent Includes Unit 1(Heat), Unit 2(Heat)
  • Road Frontage DescriptionPaved

Location

  • Address7-9 Reed Street
  • Building Number7-9
  • CountyMiddlesex
  • StateMA
  • StreetReed Street
  • TownCambridge
  • Zip02140

Exterior

  • RoofRubber

Utilities

  • Electric 110 Volts,220 Volts,100 Amp Service
  • Heat SystemYes
  • Heating
    • Gas)
    • Gas)
    • Gas)
    • Gas)
    • Unit 1(Forced Air
    • Unit 2(Forced Air
    • Unit 3(Forced Air
    • Unit 4(Forced Air
  • Sewer Public Sewer
  • Water Source Public

Tax Information

  • Tax Assessed Value $1,950,400
  • Tax Year 2020
  • Taxes$10,384

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 5.5
  • Bedrooms11
  • Full Bath5
  • Half Baths1

Building

  • BasementFull, Partially Finished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Foundation Area 1500
  • Patio And Porch Features Porch, Patio
  • Rooms22
  • Stories7
  • Units4
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • AmenitiesPublic Transportation
  • Appliances IncludedGas Water Heater, Tank Water Heater
  • Other AmenitiesBasement

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces1

Basic Information

  • GO-List Price$2,775,000
  • MLS Number72777050
  • Modification Date08/06/2022
  • Property SubType4 Family
  • Purchase Contract Date02/27/2021
  • Sale Date04/07/2021
  • Sale Price$2,436,000

Property

  • Acreage0.09

Interior

  • Interior Features
    • Dining Room
    • Dining Room
    • Dining Room
    • Kitchen
    • Kitchen)
    • Kitchen)
    • Kitchen)
    • Sunroom)
    • Unit 1 Rooms(Living Room
    • Unit 2 Rooms(Living Room
    • Unit 3 Rooms(Living Room
    • Unit 4 Rooms(Living Room

Property Information

  • Building Area Source Public Records
  • Living Area 4,724
  • Lot Size Square Feet 3,807
  • Lot Size Units Acres
  • Square Feet4,724

Other

  • Buyer Agency Compensation2.5
  • Date Listed01/21/2021
  • Farm Land Area Units Square Feet

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

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