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56 Rice St Cambridge, MA 02140
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Key Details
Sold Price $1,625,000
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,319 sqft
Price per Sqft $489
MLS Listing ID 73274780
Sold Date 09/23/24
Bedrooms 6
Full Baths 3
Year Built 1898
Annual Tax Amount $8,918
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property 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 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.
Location
State MA
County Middlesex
Area North Cambridge
Zoning B
Direction Mass Ave to Rice St.
Rooms
Basement Full
Interior
Flooring Wood
Exterior
Garage Spaces 2.0
Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station
Roof Type Shingle
Total Parking Spaces 2
Garage Yes
Building
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Max Dublin Team • Gibson Sotheby's International Realty