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Jared Scali

jared@classifiedre.com +1(603) 508-2256

$3,490,000

Est. payment - /mo

9 Beds

8 Baths

5,314 SqFt

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Open House

Sun Jul 26, 12:00pm - 1:30pm

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Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,314 sqft

Price per Sqft $656

Subdivision Inman Square

MLS Listing ID 73532928

Style Colonial

Bedrooms 9

Full Baths 8

Year Built 1900

Annual Tax Amount $21,035

Tax Year 2026

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 5-9 Family

Property Description

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.

Location

State MA

County Middlesex

Area Mid Cambridge

Zoning C-1

Direction Mass Ave to Inman St. Property located between Hampshire St and Cambridge St.

Rooms

Basement Full, Bulkhead, Concrete, Unfinished

Interior

Interior Features Storage, Living Room, Kitchen, Family Room

Heating Baseboard

Cooling Window Unit(s)

Flooring Wood, Tile, Hardwood

Appliance Range, Oven, Refrigerator, Dishwasher

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Fence Fenced

Community Features Public Transportation, Shopping, Park, Bike Path, Highway Access, Public School, T-Station, University, Sidewalks

Utilities Available for Gas Range, for Electric Dryer, Washer Hookup

Roof Type Asphalt/Composition Shingles

Total Parking Spaces 4

Garage No

Building

Lot Description Easements

Story 10

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Colonial

Schools

Elementary Schools Cambridge Public Schools

Middle Schools Cambridge Public Schools

High Schools Rindge & Latin School

Others

Senior Community false

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Listed by Keller Williams Realty Boston Northwest

NEARBY SCHOOL & BUSINESS

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Jared Scali

+1(603) 508-2256

Agent | License ID: 9584698

Agent License ID: 9584698

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23-25 Inman St Cambridge, MA 02139

Jared Scali

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION