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22 Madison Ave

cambridge, MA 02140

$3,055,555

  • 9 BR
    6 BA
    approx. 3,957 SF

Interested? Let's Connect

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.

Details

3,957 Sq Ft

4,400 Sq Ft Lot Size

investment

$18,735 Annual Tax

Built in 1923

MLS/Listing ID 73491363

3 Stories

3 Units

Amenities & Features

Dryer

Washer

Freezer

Public Sewer

Community - Conservation Area

Range

Rubber

Community - Highway Access

Public Water

Refrigerator

Microwave

Disposal

Dishwasher

ENERGY STAR Qualified Refrigerator

ENERGY STAR Qualified Dryer

ENERGY STAR Qualified Dishwasher

ENERGY STAR Qualified Washer

Oven

Rangetop - ENERGY STAR

Community - Public Transportation

Community - Public School

Community - T-Station

Community - University

Construction - Frame

Cooling - Central Air

Balcony

Block

Heating - Natural Gas

Living Room

Lot - Level

Parking - Off Street

Parking - Assigned

Parking - Driveway

Deck - Wood

Community - Bike Path

Community - Walk/Jog Trails

Community - Park

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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