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3 Bedroom Cambridge Foreclosure Looking Like a Good Deal

Alright all you Boston Real Estate junkies. Here is a deal for you. If you are looking for lots of space in walking distance to Harvard Square on a shoe-string budget, I have found the place for you. This first-floor and basement duplex features recent renovations and 2,358 square feet. It is a foreclosed 3 bedroom, 2.5 bath property currently offered for $520,000. The bank bought it for $585,000, so it is not a bad deal. There are, however, a few issues including shoddy foundation and water damage (all mentioned in the seller’s disclosures). There will definitely be a cost in repairing the foundation and installing a sub-pump to the city storm-drain. The unit includes one parking space.

Photos and information courtesy of Jennifer Hurd and Joanne Arneman and Century 21 Commonwealth.

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