1. Massachusetts
  2. Cambridge
  3. 7 Richard Ave
$2,050,000

7 Richard Ave, Cambridge, MA 02140

  • 9 beds |
  • 3 baths |
  • 4,976 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $412/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Rare-to-market BRICK 3-family opportunity in North Cambridge on a nearly 4K lot w/ 3700 sqft of living area, front & back porches & patio, and driveway offers a huge upside to end-users, investors, & developers alike! Impeccably well-maintained, each unit boasts 3 beds/1 bath w/ hardwoods, updated kitchens, & classic front-to-back layouts including adjoining living & dining rooms. Tenants enjoy exclusive-use laundry in the basement, along with ample private storage. Each unit is leased through 8/31/25, generating a combined monthly rent of $8,610 (**under market rents**). Additional highlights include a shared patio, a storage shed, and a paved driveway w/ carport for 3 cars. All this on a tree-lined street near Alewife, Davis Square, Tufts, Mass Ave, and the Minuteman Bikeway. Ideal for investors, 1031 exchanges, or future condo conversion. A solid Cambridge investment in a prime location!

Listing Status:
Pending
Date Added:
April 9, 2025 at 05:00AM
Listing Office:
Keller Williams Realty Boston-Metro | Back Bay : 617-542-0012
Listing Agent:
The Rasner Group : 617-823-9780
MLS ID:
73357234

This listing courtesy of The Rasner Group, Keller Williams Realty Boston-Metro | Back Bay

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Peabody

70 Rindge Ave, Cambridge, MA, 02140

Grades PK-5

0.63 miles away

R

Rindge Avenue Upper School

70 Rindge Ave, Cambridge, MA, 02140

Grades 6-8

0.63 miles away

C

Cambridge Rindge and Latin

459 Broadway, Cambridge, MA, 02138

Grades 9-12

2.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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