Fraud Blocker

23-25 Inman St, Cambridge, MA 02139

$3,490,000
9
BD
8
BA
5,314
SqFt

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List Price
$3,490,000
Status
ACTIVE
MLS#
73532928
Bedrooms
9
Bathrooms
8
Full Baths
8
Living Area
5,314
Lot Size (Acres)
0.11
Style
Colonial
Year Built
1900

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.

Additional Information

Area
Mid Cambridge
Taxes
$21,035
Parking Description
Paved Drive, Shared Driveway, Off Street, Paved
Lot Description
Easements
Water
Public
Sewer
Public Sewer
Grade School
Cambridge Public Schools
Middle School
Cambridge Public Schools
High School
Rindge & Latin School
Heating
Baseboard
Cooling
Window Unit(s)
Appliances
Range, Oven, Refrigerator, Dishwasher
Community Features
Public Transportation, Shopping, Park, Bike Path, Highway Access, Public School, T-Station, University, Sidewalks
Basement Features
Full, Bulkhead, Concrete, Unfinished
Electric Features
Circuit Breakers
Exterior Features
Rain Gutters
Flooring
Wood, Tile, Hardwood
Interior Features
Storage, Living Room, Kitchen, Family Room
Roof Material
Asphalt/Composition Shingles
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Keystone Homes Group from Listing Office: Keller Williams Realty Boston Northwest.

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