24 days on rocket

154 Elm St N, Cambridge, MA, 02140

$2,500,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths
4,170 SqFt
$600/SqFt
Multi
Schools Nearby

Location

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154 Elm St N, Somerville$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1903
BasementYes
MLS #73233186
Lot Size0.10 Acres
StatusActive

About 154 Elm St N

WOW! What a fabulous location! This three-unit multi-family property, On the market for the first time in almost fifty years, is perfectly situated in highly desirable Cambridge between Porter Square and Davis Square in Somerville. With the Porter Square Shopping Center just around the corner and “Best of Boston” restaurants and entertainment venues just a short walk away in Davis Square, this “Three Decker” is only minutes to the Porter or Davis Square T Stations and public transportation. With over 5000 gross sq. ft. of interior space AND three off street parking spaces this property boasts a Walk Score of 98 and a Bike Score of 99; A location considered a "Walker’s and a Bikers Paradise.” Can be delivered vacant! A great opportunity for a creative buyer seeking the perfect city home with sensational investment potential and a perfect 1031 "like kind exchange" opportunity for serious investors!

Property Details

Property Features

Property Information:

  • Year Built: 1903
  • Living Area: 4,170 SqFt

Listing Office:

  • Office Name: Channing Real Estate
  • Listing Agent: Catherine Luther

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood, Tile, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.10 Acres

School Info

Assigned Schools Information:

  • Somerville High School, Public District Grades 9-12
  • John F Kennedy, Public District Grades PK-8
  • Winter Hill Community, Public District Grades PK-8
  • West Somerville Neighborhood, Public District Grades PK-8
  • Benjamin G Brown, Public District Grades KG-6

Other

Directions Information:

  • Directions: Massachusetts to right onto Beech Street to left onto Elm. First house on left: Large Brown 3 family

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $600/SqFt

Agent Commission:

  • Buyer's Agent Commission: 1.25%
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Housing Market Comparison

See how this home compares to others in Somerville, MA.

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Somerville, MA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$630

Avg. Days On Market

37

# of Sold Homes

42

154 Elm St N vs Somerville

24 DAYS ON ROCKET

-13 Days

$2,500,000

+$1.4M More

$600/SqFt

-$30 Less

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $30/SqFt less than other homes in Somerville, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73233186

Listing Office:

  • Office Name: Channing Real Estate
  • Listing Agent: Catherine Luther

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/28/2024, 10:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3992813
10
/10

  • Benjamin G Brown

  • 201 Willow Ave

  • 0.47 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3992814
8
/10

  • John F Kennedy

  • 5 Cherry St

  • 0.21 miles

  • Public District Grades PK-8

school-card-donut-3992815
2
/10

  • Winter Hill Community

  • 115 Sycamore St

  • 1.04 miles

  • Public District Grades PK-8

school-card-donut-3992816
8
/10

  • West Somerville Neighborhood

  • 177 Powder House Blvd

  • 1.08 miles

  • Public District Grades PK-8

High School

school-card-donut-3992817
5
/10

  • Somerville High School

  • 81 Highland Ave

  • 1.16 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,183. The most common annual income of people living in Somerville, MA is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Somerville›02140›154 Elm St N

This home is located at 154 Elm St N in Cambridge, MA and zip code 02140 in the Davis Square neighborhood. This 4,170 square foot home, which was built in 1903, sits on a 0.10 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $2,500,000.

While more than 21 listings in Somerville, MA in April 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 15 were sold below. Between March 2024 and April 2024, Somerville, MA real estate market has seen increase in the number of listings by 28.9%. The median list price of listings available in April 2024 was $1,029,983, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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