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.
5,314 Sq Ft
5,000 Sq Ft Lot Size
investment
$1,753 Monthly Tax
Built in 1900
MLS/Listing ID 73532928
10 Stories
8 Units
Community - Public School
Community - T-Station
Community - University
Insulated Doors
Family Room
Living Room
Deck - Wood
Asphalt/Composition Shingles
Public Sewer
Public Water
Construction - Brick
Cooling - Window Units
Rain Gutters
Fenced
Natural Wood
Tile
Hardwood
Stone
Brick Mortar
Heating - Baseboard
Storage
Washer Hookup
Construction - Stone
Community - Park
Community - Public Transportation
Community - Shopping
Community - Sidewalks
Style - Colonial
Dishwasher
Oven
Range
Refrigerator
Community - Highway Access
Community - Bike Path
Insulated Windows
Porch
Parking - Off Street
Parking - Paved
Parking - Shared Driveway
Lot - Easement
Electric Dryer Hookup
TOTAL MONTHLY COST
$0
$0
$0