Attention investors, landlords, and savvy house-hackers. Don’t miss this well maintained multi-family at 325 Western Ave in coveted Cambridge near Central Square and steps to the Charles River. The property features open floor plans, ample natural light, a serene fenced brick patio, and roof deck with skyline views. Located less than a half mile from Whole Foods, Trader Joe's, H Mart, Micro Center, and dozens of local eateries and parks. The property is perfectly situated near Cambridge's best with convenient access to the Red Line, Route 93, and Route 90. Roof replaced 2016, water heater 2024, newer Harvey windows. A turnkey investment, current market rents are $8,700/mo gross based on 5-6 bedrooms delivered vacant. Attracting investors, landlords, owner-occupied alike, this well-maintained multifamily is a rare chance to secure a solid asset in a prime Cambridge location. Seller will entertain offers with concessions.
Columbia Street is a fully leased six (6) unit multi-family building ideally located in the Central Square area of Cambridge, MA. Located in the heart of Central Sq., walking distance to MIT, labs of Kendal Sq., shops, restaurants, public transportation and all Cambridge has to offer. The property is made up of a single building with six (6) market rate units. The left side mirrors the right side with each unit boasting 4 beds, 1.5 baths, forced hot by gas, Central AC and in-unit laundry. The walk-out basement includes bike storage and private storage lockers for each unit. Each unit pays their own utilities and the building’s small footprint offers low ongoing maintenance. Recent updates include newer HVAC systems, newer gas hot water tanks and recent exterior paint. This offering provides tremendous upside to increase rents with in-place tenants or significantly through renovations of kitchens and baths.
Presenting an exceptional investment opportunity in the highly sought-after Inman Square, Cambridge. This mixed-use property features a fully licensed bar and restaurant on the ground floor, offering significant revenue potential. Additionally, the building comprises two residential units above, ensuring multiple income streams. Located just a short distance from the newly opened Green Line stop in Union Square, this property benefits from excellent accessibility. Its proximity to public transportation makes it an attractive choice for both tenants and patrons. Seize the opportunity to own this income-generating property in the vibrant City of Cambridge, MA, boasting an impressive cap rate. Don’t miss out on this prime investment in one of the most dynamic areas of Cambridge.
The median home value in Cambridge, MA is $914,400. This is higher than the county median home value of $658,900. The national median home value is $338,100. The average price of homes sold in Cambridge, MA is $914,400. Approximately 30.71% of Cambridge homes are owned, compared to 61.23% rented, while 8.06% are vacant. Cambridge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cambridge real estate agent to arrange a tour today!
Cambridge, Massachusetts 02139 has a population of 116,892. Cambridge 02139 is less family-centric than the surrounding county with 28.89% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Cambridge, Massachusetts 02139 is $112,565. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Cambridge 02139 is 30.5 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 48 inches per year, with 50 inches of snow per year.