2 & 4 Sherman Street Cambridge, MA 02138

Multi-Family Home MLS #: 73227441 Listed By CENTURY 21 Celli

$6,500,000

12 beds | 12 baths
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Estimated monthly payments: $28,414/mo.* (recalculate)

Property InformationDescription

Discover an exceptional investment opportunity! Situated in a great location, steps from Danehy Park; close to Porter Square, Harvard University, Davis Square, Alewife and Cambridge's vibrant shops, restaurants and top universities. These two six-family buildings boast a collection of well-maintained one-bedroom, one-bath units, each offering comfortable living spaces and modern amenities. Nearly all units can be easily converted into spacious two-bedroom apartments. These properties feature ample off-street parking, ensuring convenience and accessibility for tenants. Currently, all units are rented, underscoring the strong rental demand in the area. This turnkey investment promises immediate returns and long-term growth potential. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a profitable venture, these buildings offer a fantastic opportunity to secure your financial future. Don't miss this rare chance to own a lucrative piece of real estate

Features

  • Area Amenities: Area Tennis, Jogging / Biking Path
  • Basement: Full
  • Flooring: Hardwood, Tile
  • Lot Description: Level, Corner
  • Roof: Rubber
  • Sewer: City
  • Style: Other Style
  • Water: City Water

MAP & DIRECTIONS

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2 & 4 Sherman Street, Cambridge, MA 02138
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School Information

2 & 4 Sherman Street, Cambridge, MA 02138

Elementary School
Grades PK-5 | Public School
KENNEDY-LONGFELLOW
Cambridge, MA 02141
158 Spring St
617.­349.6841
Distance: 2.4 mi
School Rating
D+
Student:Teacher Ratio
6:1
Total Students
243
Elementary School
Grades PK-5 | Public School
JOHN M TOBIN
Cambridge, MA 02138
197 Vassal Ln
617.­349.6600
Distance: 0.5 mi
School Rating
B+
Student:Teacher Ratio
13:1
Total Students
307
Elementary School
Grades PK-5 | Public School
MARTIN LUTHER KING JR.
Cambridge, MA 02139
102 Putnam Ave
617.­349.6562
Distance: 1.5 mi
School Rating
A-
Student:Teacher Ratio
8:1
Total Students
299
Elementary School
Grades PK-5 | Public School
HAGGERTY
Cambridge, MA 02138
110 Cushing St
617.­349.6555
Distance: 1.3 mi
School Rating
A
Student:Teacher Ratio
8:1
Total Students
247
Elementary School
Grades PK-5 | Public School
CAMBRIDGEPORT
Cambridge, MA 02139
89 Elm St
617.­349.6587
Distance: 1.9 mi
School Rating
B-
Student:Teacher Ratio
10:1
Total Students
271
Elementary School
Grades PK-5 | Public School
MARIA L. BALDWIN
Cambridge, MA 02138
85 Oxford St
617.­349.6525
Distance: 0.7 mi
School Rating
A
Student:Teacher Ratio
11:1
Total Students
354
Elementary School
Grades PK-5 | Public School
MORSE
Cambridge, MA 02139
40 Granite St
617.­349.6575
Distance: 2.1 mi
School Rating
C
Student:Teacher Ratio
8:1
Total Students
302
Elementary School
Grades PK-5 | Public School
PEABODY
Cambridge, MA 02140
70 Rindge Ave
617.­349.6530
Distance: 0.6 mi
School Rating
B
Student:Teacher Ratio
10:1
Total Students
307
Elementary School
Grades PK-5 | Public School
FLETCHER/MAYNARD ACADEMY
Cambridge, MA 02139
225 Windsor St
617.­349.6588
Distance: 2.1 mi
School Rating
C
Student:Teacher Ratio
7:1
Total Students
276
Elementary School
Grades PK-8 | Public School
AMIGOS SCHOOL
Cambridge, MA 02139
15 Upton St
617.­349.6567
Distance: 1.8 mi
School Rating
A-
Student:Teacher Ratio
11:1
Total Students
420
Middle School
Grades 6-8 | Public School
RINDGE AVENUE UPPER SCHOOL
Cambridge, MA 02140
70 Rindge Ave
617.­349.4060
Distance: 0.6 mi
School Rating
B
Student:Teacher Ratio
8:1
Total Students
269
Middle School
Grades 6-8 | Public School
VASSAL LANE UPPER SCHOOL
Cambridge, MA 02138
197 Vassal Ln
617.­349.6550
Distance: 0.5 mi
School Rating
C
Student:Teacher Ratio
8:1
Total Students
291
Middle School
Grades 6-8 | Public School
CAMBRIDGE STREET UPPER SCHOOL
Cambridge, MA 02141
840 Cambridge St
617.­349.3050
Distance: 2.1 mi
School Rating
C
Student:Teacher Ratio
8:1
Total Students
304
Middle School
Grades 6-8 | Public School
PUTNAM AVENUE UPPER SCHOOL
Cambridge, MA 02139
100 Putnam Ave
617.­349.7780
Distance: 1.5 mi
School Rating
C
Student:Teacher Ratio
7:1
Total Students
261
High School
Grades 9-12 | Public School
CAMBRIDGE RINDGE AND LATIN
Cambridge, MA 02138
459 Broadway
617.­349.6630
Distance: 1.1 mi
School Rating
B
Student:Teacher Ratio
9:1
Total Students
1847
Other Nearby Schools Distance Type Grades School Rating
Cambridge Friends School 0.3 mi Private PK-8
Graham And Parks 0.3 mi Public PK-5 B
Benjamin Banneker Charter Public School 0.6 mi Public PK-6 A
Wild Rose Montessori School 0.7 mi Private PK
John F Kennedy 0.8 mi Public PK-8 A
Buckingham Browne & Nichols School 0.9 mi Private PK-12
St Catherine Of Genoa School 1.1 mi Private PK-8
St Pauls Choir School 1.2 mi Private 3-8
Matignon High School 1.2 mi Private 9-12
Benjamin G Brown 1.2 mi Public KG-5 A+
International School Of Boston 1.3 mi Private PK-12
Fayerweather Street School 1.4 mi Private PK-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Cambridge, MA 02138

Median Age: 31.9
Married: 39%
Number of Households: 14,831
Households with Children: 18%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home