40 Cherry St, Somerville, MA 02144
SOLDOCT 5, 2023

40 Cherry St
Somerville, MA 02144

Porter Square
  • 11 Beds
  • 6 Baths
  • 4,003 sqft
  • 11 Beds
  • 6 Baths
  • 4,003 sqft

$2,300,000

Last Sold: Oct 5, 2023
$575/sqft
Est. Refi. Payment $14,239/mo*

Homes for Sale Near 40 Cherry St

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from October 05, 2023
Massive Porter/Davis Square triple decker is a rarely available investment opportunity. This updated blue chip asset is steps to both the MBTA Redline Porter and Davis Sq stops, 1.5 miles from both the Harvard/Radcliffe Quad and Tufts University, and just over 3 miles from Boston Financial District. With a WalkScore of 95, a BikeScore of 96, this property also has a long history of top rental production. Each unit has over 1300 sf with one 3br/1.5ba apartment and 2 4br/1.5ba units, plus assigned ample parking for 6 cars in back. Recent updates include new siding, new back decks, updated kitchens and bathrooms. Fully leased @ almost $14,000/m from 9/1/23-8/31/24. A rare opportunity to start or bolster the savvy investor's portfolio.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$575/sqft
Listed
180+ days ago

Home Details for 40 Cherry St

Interior Features

Interior Details
Basement: FullNumber of Rooms: 17
Beds & Baths
Number of Bedrooms: 11Number of Bathrooms: 6Number of Bathrooms (full): 3Number of Bathrooms (half): 3
Dimensions and Layout
Living Area: 4003 Square Feet
Fireplace & Spa
No FireplaceNo Spa
Levels, Entrance, & Accessibility
Number of Stories: 6

Exterior Features

Exterior Home Features
Roof: RubberFoundation: Stone
Parking & Garage
No GarageHas Open ParkingParking Spaces: 6Parking: Paved Drive,Shared Driveway,Off Street
Frontage
Road Frontage: PublicNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: 3 Family
Building
Construction Materials: FrameDoes Not Include Home Warranty
Property Information
Parcel Number: M:30 B:D L:5, 751636

Price & Status

Price
List Price: $2,300,000Price Per Sqft: $575/sqft
Status Change & Dates
Off Market Date: Sun Sep 10 2023

Active Status

MLS Status: Sold

Location

Direction & Address
City: Somerville

Building

Building Area
Building Area: 4003 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 5165 sqft

Offer

Contingencies: Pending P&S

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %Transaction Broker Commission: 2Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 73127326
Last check for updates: about 21 hours ago
Listed by Charles Ball
Berkshire Hathaway HomeServices Commonwealth Real Estate
Bought with: Mo Asgarzadeh, Media Realty LLC
Source: MLS PIN, MLS#73127326

Price History for 40 Cherry St

DatePriceEventSource
10/05/2023$2,300,000Sold
MLS PIN #73127326
08/30/2023$2,300,000ContingentMLS PIN #73127326
06/21/2023$2,300,000Listed For SaleMLS PIN #73127326
05/14/2018$1,850,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$18,979
Assessment$1,835,500
Home facts updated by county records

Comparable Sales for 40 Cherry St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.01
Multi-Family Home
$1,734,000
11/14/23
6
3
3,484
0.14
Multi-Family Home
$2,625,000
08/09/23
15
9
6,000
0.27
Multi-Family Home
$1,730,000
09/14/23
6
6
3,768
0.34
Multi-Family Home
$1,600,000
07/10/23
9
3
3,741
0.27
Multi-Family Home
$1,600,000
05/12/23
8
3
3,429
0.08
Multi-Family Home
$1,600,000
11/17/23
4
3
3,498
0.51
Multi-Family Home
$2,950,000
05/25/23
7
8
4,500
0.54
Multi-Family Home
$2,975,000
03/22/24
5
5
3,843
0.31
Multi-Family Home
$1,750,000
03/15/24
6
3
3,568

Assigned Schools

These are the assigned schools for 40 Cherry St.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 40 Cherry St

Off Market Homes Near 40 Cherry St

40 Cherry St, Somerville, MA 02144 is a 11 bedroom, 6 bathroom, 4,003 sqft multi-family built in 1920. 40 Cherry St is located in Porter Square, Somerville. This property is not currently available for sale. 40 Cherry St was last sold on Oct 5, 2023 for $2,300,000 (0% higher than the asking price of $2,300,000). The current Trulia Estimate for 40 Cherry St is $2,119,200.