7 Richard Ave Open House Save Request In-Person Tour Request Virtual Tour
Cambridge,MA 02140
OPEN HOUSE
Sun Apr 13, 1:30pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 4,976 sqft
Price per Sqft $401
MLS Listing ID 73357234
Bedrooms 9
Full Baths 3
Year Built 1928
Annual Tax Amount $11,855
Tax Year 2025
Lot Size 3,920 Sqft
Property Sub-Type 3 Family - 3 Units Up/Down
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!
Location
State MA
County Middlesex
Area North Cambridge
Zoning BA-2
Interior
Heating Hot Water,Steam
Cooling Window Unit(s)
Flooring Hardwood
Exterior
Exterior Feature Balcony
Community Features Public Transportation,Shopping,Park,Highway Access,Public School,T-Station,Sidewalks
Utilities Available for Gas Range
Roof Type Rubber
Building
Story 6
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract