MA > Cambridge
Cambridge, MA 02140,7 Richard Ave
Cambridge, MA 02140,7 Richard Ave
Cambridge, MA 02140,7 Richard Ave
Cambridge, MA 02140,7 Richard Ave
Cambridge, MA 02140,7 Richard Ave
Cambridge, MA 02140,7 Richard Ave
Mike And Lee Mita
Mike And Lee Mita

Broker-Associate | Lic# REB.0016449

+1(401) 632-7638

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$ 2,050,000

$ 2,050,000

Est. payment | /mo

9 Beds

3 Baths

4,976 SqFt

$ 2,050,000

$ 2,050,000

Est. payment | /mo

9 Beds

3 Baths

4,976 SqFt

Key Details

Sold Price $2,050,000

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 4,976 sqft

Price per Sqft $411

MLS Listing ID 73357234

Sold Date 09/10/25

Bedrooms 9

Full Baths 3

Year Built 1928

Annual Tax Amount $11,855

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

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

Direction Turn to Richard Ave from Mass Ave

Rooms

Basement Full, Interior Entry, Concrete, Unfinished

Interior

Interior Features Living Room, Dining Room, Kitchen

Heating Hot Water, Steam

Cooling Window Unit(s)

Flooring Hardwood

Appliance Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

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

Total Parking Spaces 3

Garage No

Building

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by Keller Williams Realty Boston-Metro | Back Bay
Bought with Emorrison Williams • Emorrison Williams

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Mike And Lee Mita
Mike And Lee Mita

Broker-Associate | Lic# REB.0016449

+1(401) 632-7638

28 Caswell St. Suite 100 Narragansett, RI 02882

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7 Richard Ave