Cambridge, MA 02138
Price
Price
ATTENTION BUY-AND-HOLD INVESTORS! Rare opportunity to acquire a stand-alone 10-unit brick building in the highly desirable Harvard Square area. Ideally located at the corner of Kirkland Street and Kirkland Road, this fully leased property offers an appealing, manageable investment opportunity for both experienced and first-time multifamily investors. The building features 10 studio apartments, all currently leased through August 2027, providing immediate and stable rental income. Four off-street driveway parking spaces are also rented, providing an additional income stream. Tenants enjoy individual storage units and on-site laundry facilities located in the lower level. The property is serviced by a newer central gas boiler and central water heater, while tenants are responsible for their own electricity. With its exceptional location, full occupancy, parking and straightforward operation, this is a rare opportunity to acquire a well-positioned multifamily asset in one of the area’s most desirable and consistently sought-after rental markets.
| Property Type | Commercial Sale |
|---|---|
| Property Status | Active |
| Time on Market | 21 days |
| MLS# | 73586030 |
| Lot Size | 4,850 Sq. Ft. |
|---|---|
| Listed Price | $3,900,000 |
| Data Source | MLS PIN |
Just to the north of Boston across the Charles River sits Cambridge, a.k.a. The City of Squares; named for its intersecting streets that form smaller neighborhoods within the larger city. Cambridge is home to both Harvard University and MIT, making it the epicenter of innovation and knowledge; let’s call it a smart move.
Commercial Sales
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Listing Courtesy of: Coldwell Banker Realty - Belmont
Listing Agent: Lori Orchanian
School data provided by GreatSchools.
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| Property Type | Commercial Sale |
|---|---|
| County | Middlesex |
| Waterfront? | No |
| Adult Community | No |
| Acres | 0.11 |
| Town | Cambridge |
| ZIP | 02138 |
School data provided by GreatSchools.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Find out more about GreatSchools ratings.
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