1 / 42
2 / 42
3 / 42
SOLD 7/13/2021

248 Elm St, Cambridge, MA 02139$3,400,000

16
beds
6
baths
6756
ft2
· 4905
ft2 lot
$503 / ft2

Listing provided courtesy of Listing Broker: Mac Chinsomboon, Coldwell Banker Realty - Back Bay
Source MLS PIN;
Loading...
96 WalkScore! Rare offering in prime Inman Square. 6-Unit residential Multifamily with 16 bedrooms total (4 three-beds, 2 two-beds), 6 bathrooms total, 6 parking spaces in the rear parking lot, 6756sqft of living area, 4906sqft lot size, all according to city records. Located right in the epicenter of Cambridge - nestled between Central Square, Inman Square, Union Square, and East Cambridge. Basic rental quality, all units with separate heat/gas/electric. 2 vacant units, 4 leases through Aug 31, 2021. The location has easy access to Union Square and the "innovation zone" that includes 2.4M SQ of new transit oriented development, 1.2M+SQ of new lab and innovation space, 1000 new residences, 140K+SQ of new restaurants/shops/services, 3.6 acres of new open spaces - ref to discoverusq.com. The landlord always gets lots of rental apps from MIT/Harvard affiliated tenants. Ask for the 3D tour. Masks/gloves are required for showings.

HOA

$—/month

On market

2 months

Year built

1900

Property type

5 9 Family

Parking

6

MLS

72802547

Price / Sq.Ft.

$503 / ft2

Status

Sold

Home details for 248 Elm St

Interior Features & Layout
Rooms Info
•   
Total Levels: 3, 9, 5
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Levels Unit 3: 2, 1
•   
Total Levels Unit 4: 1
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 5
•   
Total Rooms Unit 3: 5
•   
Total Rooms Unit 4: 5
•   
Total Rooms: 24, 24, 24
Flooring
•   
Unit 4 Floor Level: 2
Virtual Tour
•   
Virtual Tour: 1
Bedrooms Info
•   
Total Beds: 16
•   
Unit 4 Beds: 3
•   
Unit 3 Beds: 3
•   
Unit 2 Beds: 3
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 6, 6
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 6
Property Type
•   
Property Type: 5-9 Family
•   
Mls Prop Type: 5-9 Family
•   
Mls Property Type: Multi-family
Lot Info
•   
Zoning: C-1
•   
Lot Description: Other (See Remarks)
•   
Acres: 0.11
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Other (See Remarks)
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
•   
Basement Details: Unfinished Basement
Parking Info
•   
Parking Descriptions: Off-Street, Improved Driveway
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 3217102
•   
Oh Flag: 1
•   
Status: Sold
Financial Info
•   
Fin Code: Other
Lease Info
•   
Gross Income: 170400
•   
Net Operating Income: 170400
•   
Monthly Rent Unit 1: 2200
•   
Monthly Rent Unit 2: 3000
•   
Monthly Rent Unit 3: 3000
•   
Monthly Rent Unit 4: 3000
Terms
•   
Exclusions: Tenants belongings
Listing Details
•   
Disclosures: Seller does not make any representations, so Buyer and Buyers Agents to verify all details and information.
Tax/Assessment Info
•   
Tax Year: 2021
•   
Assessed Value: 2649900.00
•   
Taxes: 15501.92
•   
Apn: M:00037 L:00035
Listing Contacts
•   
Selling Agent: CN221841
School Neighborhood & Directions
Location
•   
Street Number: 248-254
•   
Map Book: 61641
•   
Area: Inman Square
•   
Map Page: 103
•   
Directions: Hampshire St to Elm St
Other
Other
•   
Main So: AC0342
Calculation
•   
Price Per Sqft: 503.26
•   
List Price Per Sqft: 562.46
•   
Sold Price Per Sqft: 503.26
•   
Cdom Property: 73
•   
Cdom Broker: 73
•   
Cdom: 73

Neighborhood snapshot

18
Properties for sale
15
Median days on market
$865.55
Median sold price/sqft
103.21%
Sold/List %
walk-icon}

walk score® :

transit-icon}

transit score® :

bike-icon}

bike score® :

Property History for 248 Elm St

07/13/2021
07/13/2021
MLS PIN #72802547
sold
MLS PIN #72802547
$3,400,000
--10.53%
06/03/2021
06/03/2021
MLS PIN #72802547
pending
MLS PIN #72802547
$3,800,000
05/04/2021
05/04/2021
MLS PIN #72802547
active
MLS PIN #72802547
$3,800,000
--2.56%
03/23/2021
03/23/2021
MLS PIN #72802547
active
MLS PIN #72802547
$3,900,000
+21.88%
08/08/2017
08/08/2017
Public Record
sold
Public Record
$3,200,000

Similar homes

Recently sold homes near 248 Elm St

street view
SOLD 11/1/2021

$3,800,000106 Main StEverett, MA 02149

16 bed
13 bath
9468
 ft²
 · 
9468
 ft²  lot
Services
BrokerageMortgageFor AgentsTitle & Escrow
Get the Flyhomes app
IOSAndroid
Equal Housing Opportunity
By searching, you agree to the Terms of Use, Privacy Policy and California Privacy Notice. California DRE #02012110; Flyhomes Mortgage, LLC: NMLS #1733272
TREC: Info about Brokerage Services, Consumer Protection Notice, Texas Mortgage Company Compliant/Recovery Fund Notice

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.

Flyhomes is registered trademark of Flyhomes, Inc.
Flyhomes © 2021