Rare opportunity to acquire a fully occupied, income-producing multifamily asset in the heart of Inman Square. This turnkey investment property is being sold with tenants in place and currently generates approximately $254,280 in annual gross rental income. Located in one of Cambridge's most desirable and supply-constrained neighborhoods, the property offers stable cash flow, strong occupancy history, and significant long-term appreciation potential. Residents enjoy easy access to Harvard University, MIT, Kendall Square, Central Square, public transportation, dining, shopping, and major employment centers. An ideal opportunity for investors seeking immediate income and future growth in one of the strongest rental markets in the Greater Boston area. Property sold subject to existing leases. Seller has completed the conversion of the property into eight condominium units, providing additional long-term flexibility for future ownership or disposition strategies.
64 days
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646
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20
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Zillow last checked:
Listing updated:
Listed by:
Keystone Homes Group978-760-2988,
Keller Williams Realty Boston Northwest781-862-2800
Source: MLS PIN,MLS#: 73532928
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 8
Full bathrooms: 8
Heating
Baseboard
Cooling
Window Unit(s)
Appliances
Included: Range, Oven, Refrigerator, Dishwasher
Laundry: Electric Dryer Hookup, Washer Hookup
Features
Storage, Living Room, Kitchen, Family Room
Flooring: Wood, Tile, Hardwood
Doors: Insulated Doors
Windows: Insulated Windows
Basement: Full,Bulkhead,Concrete,Unfinished
Has fireplace: No
Interior area
Total structure area: 5,314
Total interior livable area: 5,314 sqft
Finished area above ground: 5,314
Finished area below ground: 1,962
Property
Parking
Total spaces: 4
Parking features: Paved Drive, Shared Driveway, Off Street, Paved
Uncovered spaces: 4
Features
Patio & porch: Porch, Deck - Wood
Exterior features: Rain Gutters
Fencing: Fenced
Lot
Size: 5,000 Square Feet
Features: Easements
Details
Zoning: C-1
Construction
Type & style
Home type: MultiFamily
Architectural style: Colonial
Property subtype: 5-9 Family
Materials
Brick, Stone
Foundation: Stone, Brick/Mortar
Roof: Asphalt/Composition Shingles
Condition
Year built: 1900
Utilities & green energy
Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
Community & HOA
Community
Features: Public Transportation, Shopping, Park, Bike Path, Highway Access, Public School, T-Station, University, Sidewalks