29 Concord Avenue, Unit 707

Cambridge, MA

$700,000

Welcome to your Harvard Square home! This updated condo, in a renowned Stubbins-designed high-rise, offers a sun-filled 2 bedroom on the 7th floor. It boasts brand new flooring, freshly painted walls and contemporary light fixtures. Additional amenities include an elevator, professional management with an “on-site super”, a laundry room, assigned storage, and dedicated bike storage. Explore this vibrant neighborhood filled with shops, restaurants, and cultural attractions at your doorstep; just minutes to Harvard University, Cambridge Common, and the Longy School of Music. Public transportation is a breeze, with the 74, 75, and 78 bus lines nearby and ½ mile to the Harvard Square red line MBTA. If you're considering this condo as an investment, it's rental-friendly and offers great cash flow. Or move right in and experience the best of Cambridge living!


Property Details

2 Bedrooms

1 Bathroom

864 SF


 

Showing Information

Please join us for our Open Houses below:


Thursday, October 26th

11:00 AM - 12:30 PM

Saturday, October 28th

12:30 PM - 2:00 PM

Sunday, October 29th

2:00 PM - 3:30 PM


If you need to schedule an appointment at a different time, please call/text Mona Chen (781.915.7267) or Lisa J. Drapkin (617.930.1288) and they can arrange an alternative showing time.


Additional Information

  • Living Area: 864 interior square feet

  • 4 Rooms, 2 Bedroom, 1 Bathroom

  • Year Built/Converted: 1965/1979

  • Condo Fee: $703.95/month

Interior Details

  • The front entrance leads you into a foyer with easy access to your mailbox. Continue through and into a lovely seating area with a dramatic 8-story atrium and 10 skylights overhead.

  • Once inside the condo, the center hallway leads to the dining area and the large and welcoming living room, sun drenched with large windows and a glass door leading to your private balcony. Wall-mounted AC provides comfort during hot summer days.

  • The two bedrooms have a large wall of windows, a cloth drum light, and a generously sized closet.

  • Next to the primary bedroom is the updated bathroom with ceramic tiled floors, a walk-in shower, new white bathroom vanity, and a black round framed mirror with a modern vanity light.

  • The newly updated kitchen features brand new butcher block countertops, white cabinets with modern black pulls, a GE fridge, a Whirlpool dishwasher, and a GE electric stove with an exterior-venting Allure hood.

  • Outside of the bathroom is a coat closet and a generous linen closet.

Systems and Basement

  • Access the basement via the elevator and you’ll find the laundry area and a separate room for folding laundry. There are 6 washers and 6 dryers, operated by a reloadable laundry card or by a mobile app.

  • A private lockable designated storage unit in the basement (#6).

  • Heat: Three gas-fired RBI commercial boilers for the building provide heat through hot water baseboards (replaced in 2005).

  • Hot water: Two 115 gallon Ruud Commercial storage tanks provide hot water for all condos (replaced in 2018).

  • AC: Wall AC unit in the living room.

  • Electrical: 100 amps through circuit breakers.

Exterior and Property

  • Exterior is red brick.

  • Roof: EPDM rubber, replaced in 2001.

  • Parking: On street with residential permit. From time to time, Owners in the building post signs to rent their parking spaces.

Association and Financial Information

  • 103-unit association, 33 are owner-occupied.

  • Property Management: Thayer & Associates is the professional property management company.

  • Superintendent works from Monday to Friday, 7am to 3pm.

  • Beneficial interest is 1.4992%.

  • Condo Fee: $703.95/month. This covers master insurance, water/sewer, heat, hot water, on-site superintendent, common electricity, janitorial, landscaping, maintenance, snow removal, trash removal, professional property management, and capital reserve.

  • Association Account: Over $1.1 million in current assets (as of August 31, 2023).

  • Pets are allowed that are less than 30 pounds and less than 2 feet tall.

  • Rental: Minimum period of 1 month is required.

  • Taxes: $3762.04 (FY 23), without residential tax exemption. If the property were owner-occupied, the taxes would be discounted by $2,759.

  • The association has been discussing restoration of the windows and replacing one of the plumbing stacks. Timeframes for these projects have not been established.

  • Note that one owner owns 5 units, 2 owners own 3 units, and 9 owners own 2 units.

  • Association is smoke-free in the condos as well as the common areas.

  • Starry and Xfinity are available for internet as well as Verizon DSL.

  • There is a $100 move-in fee and all moves must be scheduled with the management company.

Additional Information

  • The cracked window in each bedroom will be repaired.