$2,050,000
$2,050,000
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7 Richard Ave Cambridge, MA 02140
9 Beds
3 Baths
4,976 SqFt
Key Details
Sold Price $2,050,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 4,976 sqft
Price per Sqft $411
MLS Listing ID 73357234
Sold Date 09/10/25
Bedrooms 9
Full Baths 3
Year Built 1928
Annual Tax Amount $11,855
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
Rare-to-market BRICK 3-family opportunity in North Cambridge on a nearly 4K lot w/ 3700 sqft of living area, front & back porches & patio, and driveway offers a huge upside to end-users, investors, & developers alike! Impeccably well-maintained, each unit boasts 3 beds/1 bath w/ hardwoods, updated kitchens, & classic front-to-back layouts including adjoining living & dining rooms. Tenants enjoy exclusive-use laundry in the basement, along with ample private storage. Each unit is leased through 8/31/25, generating a combined monthly rent of $8,610 (**under market rents**). Additional highlights include a shared patio, a storage shed, and a paved driveway w/ carport for 3 cars. All this on a tree-lined street near Alewife, Davis Square, Tufts, Mass Ave, and the Minuteman Bikeway. Ideal for investors, 1031 exchanges, or future condo conversion. A solid Cambridge investment in a prime location!
Location
State MA
County Middlesex
Area North Cambridge
Zoning BA-2
Direction Turn to Richard Ave from Mass Ave
Rooms
Basement Full, Interior Entry, Concrete, Unfinished
Interior
Interior Features Living Room, Dining Room, Kitchen
Heating Hot Water, Steam
Cooling Window Unit(s)
Flooring Hardwood
Appliance Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Exterior
Exterior Feature Balcony
Community Features Public Transportation, Shopping, Park, Highway Access, Public School, T-Station, Sidewalks
Utilities Available for Gas Range
Roof Type Rubber
Total Parking Spaces 3
Garage No
Building
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract
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