986 Memorial Drive, Unit 404
Listed for $1,395,000
On a gentle bend of the Charles, Unit 404 at 986 Memorial Drive lives where the river’s calm meets the hum of Harvard Square. From that setting, this classic Cambridge cooperative opens with an easy grace of its own, beginning with an inviting entry that leads you into front to back living and dining rooms with tall windows and extensive built ins. Two bedrooms and a bath are tucked into a private wing, creating a comfortable sense of separation. The seller, who has moved to be closer to family, thoughtfully updated the space by adding central air conditioning, renovating the main bathroom and adding a fresh coat of paint, leaving it feeling light and cheerful. In this elevator building, recent maintenance reflects attentive care behind the scenes. Looking out at the Charles offers a peaceful daily rhythm, while bookstores, cafes, restaurants, and the vibrancy of a world renowned university city are moments away. It is a place where nature and city, history and comfort, meet with ease.
Property Details
Interior
Size: 1,535 square feet
Rooms: 7
Bedrooms: 2
Bathrooms: 2 full
Storage: Storage space in the lower level
Exterior
Material: Brick
Roof: Rubber
Outdoors: Front courtyard & common back garden
Parking: On street with permit; garage parking available for rent in the area
Systems
Heat: Steam by gas, 1 zone
Cooling: High velocity air conditioning, 1 zone
Electrical: Circuit breakers
Laundry: Common in the lower level
Other
Year Built: 1916
Shares in Corporation: 68
% Interest: 1.7598%
Monthly Fee: $2,551.09/mo.
Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Extra Storage, Refuse Removal, Garden Area, Reserve Funds, Property Taxes, Management Fee
Pet Policy: Permitted with permission of the board
Rental Policy: Not permitted
Disclosures
Buyer responsible for 1-time transaction fee of 1.5% of purchase price payable to Longview Corp at closing, plus $850 Longview attorney's fee. A maximum of 49% of purchase price can be financed.
Buyers need to be approved by the Board of Directors after a purchase & sale agreement is signed.
The seller has paid Unit 404’s full $41,837.61 special assessment for present and future building work.
