22 Madison Ave, Cambridge, MA 02140
- $2,800,000
- 9
- BD
- 6
- BA
- 3,957
- SqFt
- List Price
- $2,800,000
- Price Change
- ▼ $255,555 1779739862
- Status
- UNDER AGREEMENT
- MLS#
- 73491363
- Bedrooms
- 9
- Bathrooms
- 6
- Full Baths
- 6
- Living Area
- 3,957
- Lot Size (Acres)
- 0.1
- Year Built
- 1923
Property Description
Rare investment opportunity at this masterfully gut-renovated (2023) three-family building situated on a quiet one-way street in North Cambridge. This turnkey property features three spacious, identical 3-bed, 2-bath apartments boasting high ceilings, new windows, and elegant flooring throughout. Each designer unit is equipped with premium stainless steel appliances, quartz countertops, and dedicated high-efficiency systems including central AC, high efficiency gas furnaces, and on-demand tankless hot water. Investors will benefit from units being separately metered for all utilities and a heavy-duty fire sprinkler system with a dedicated storage tank. Beyond the massive basement storage, the property benefits from the potential of adding an additional floor or an ADU as permitted by Cambridge's new zoning regulation. It also has a 92 Bike Score, in this prime location just 0.5 miles to Alewife Station. Additionally it's a prime candidate for condo conversion.
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Additional Information
- Taxes
- $18,735
- Parking Description
- Off Street, Assigned, Driveway
- Lot Description
- Level
- Water
- Public
- Sewer
- Public Sewer
- Heating
- Central, Natural Gas
- Cooling
- Central Air
- Appliances
- Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven, Rangetop - ENERGY STAR
- Community Features
- Public Transportation, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Public School, T-Station, University
- Basement Features
- Full, Unfinished
- Exterior Features
- Balcony
- Interior Features
- Living Room, Kitchen, Laundry Room
- Roof Material
- Rubber
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Montivista Real Estate Group from Listing Office: eXp Realty LLC - Corporate Office.
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