24 Kelly Road, Cambridge, MA

Sold At Auction $1,017,500

24 Kelly Road
Wednesday, May 22, 2013 6:00 p.m.




13PM-28

Auction Type Real Estate Auction
Date 5/22/2013 6:00 p.m.
Address 24 Kelly Road
Cambridge MA


ONLINE-ONLY REAL ESTATE AUCTION
To Settle Estate
Two-Unit Multifamily Residence
24 Kelly Road
Cambridge, MA
Ends Wednesday, May 22nd at 6:00 PM
SOLD AT AUCTION FOR $1,017,500.

24 Kelly Road, Cambridge, MA: Paul McInnis, Inc. has been retained to sell this property to settle a local estate. The property consists of an “up and down” duplex residence totaling approximately 2,428± square feet on a 0.11± acre city lot in the Cambridgeport neighborhood. The first floor unit has an “Old Cambridge kitchen” with built-in hutch, enclosed porch, and hardwood floors. The second unit is a multi-level unit on the second and third floors, with 2 bedrooms and 2 bathrooms, a full kitchen (with a 1950’s breakfast nook) and a dining room, an enclosed porch, and is also set up for central air. Each unit has a gas furnace and is separately metered for gas and electricity. There is an existing garage on the property, with an oversized driveway and yard space.

This location is: 5-8-minute walk to Central Square, the MBTA Red Line and numerous bus routes to Boston, Somerville, Watertown, Waltham and more, a variety of cafes, restaurants, nightclubs, City Hall, and the U.S. Post Office; a 10-12-Minute walk to five grocery stores; a 15-20-minute walk to Harvard or Inman Square; and 15-20-minute walk to Kendall Square or MIT.

Come and tour this incredible investment opportunity in one of the hottest real estate markets in the country!

Property Inspections:
Two open house previews will be offered for property inspections on Saturday May 11th from 10:00 a.m. to 1:00 p.m. and Wednesday, May 15th from 12:00 p.m. to 3:00 p.m.

Directions: The property is located on Kelly Road, which runs between River Street and Magazine Street in the Cambridgeport neighborhood of Cambridge.

Lic. #AU205 - (800) 242-8354 - Ref. #13PM-28

 

TERMS

Terms of Sale: The property will be offered in an Online-only auction. A deposit of 10% of the total purchase price will be due at the conclusion of the auction. A 10% Buyer’s Premium will be added to the high bid price to become the total purchase price. The timed, online-only auction will begin Saturday, May 11th and end Wednesday, May 22nd, 2013 at 6:00 p.m. Subject to all terms of sale.



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