Cambridge MA Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.05 Acres
Year built:
1894
Baths:
3.00
MLS#:
73288814

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
24
Lot size:
0.08 Acres
Year built:
1920
Baths:
12.00
MLS#:
73286461

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.04 Acres
Year built:
1900
Baths:
4.00
MLS#:
73283109

ADDITIONAL INFORMATION

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.

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Cambridge Real Estate

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.

Cambridge Weather

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.

Cambridge Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    45
    30-day change

Cambridge Schools and Demographics

Education near Cambridge, MA

Metric City County
High School Graduates 95.58 93.57
College Degree - 2 year 2.04 5.86
College Degree - 4 year 79.98 57.77
Graduate Degree 28.27 19.76
Expenditures per Student 23,560 23,560
Students per Teacher 12 12

Elementary Schools near Cambridge, MA

School Grades Students P/T Ratio ZIP
Albert F. Argenziano School At Lincoln Park PK - 08 569 13.7 02143
Amigos School PK - 08 360 11 02139
Benjamin Banneker Charter Public School KG - 06 347 17.4 02142
Cambridgeport PK - 05 286 11.9 02139
Fletcher/Maynard Academy PK - 05 263 9.2 02139
Kennedy-Longfellow School PK - 05 258 9.2 02139
Martin Luther King Jr. PK - 05 268 8.6 02139
Morse School PK - 05 302 10.1 02139

Middle Schools near Cambridge, MA

School Grades Students P/T Ratio ZIP
Cambridge Street Upper School 06 - 08 259 9 02141
Putnam Avenue Upper School 06 - 08 226 8.1 02141

High Schools near Cambridge, MA

School Grades Students P/T Ratio ZIP
Somerville High School 09 - 12 1,237 10.1 02143

Ungraded Schools near Cambridge, MA

School Grades Students P/T Ratio ZIP
* Boston Arts Academy 09 - 12 441 9.3 02215
* Fenway High School 09 - 12 328 14 02215
Community Charter School of Cambridge 06 - 12 398 12.9 02141
Match Charter Public School PK - 12 895 15.6 02215
Prospect Hill Academy Charter School KG - 12 1,149 13.2 02139

Demographics near Cambridge, MA 02139

Metric Zip Code City
Neighborhood Type Inner City
Population 116,892 1,623,411
Population Density 18,284 1,985
Median Age 30.5 38.5
People per Household 2.1 2.5
Median Household Income 112,565 111,790
Average Income per Capita 65,494 58,399