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.
Multi-familyProperty Type
1900Year Built
5,000 sq ftLot Size
$657Price/Sq.Ft.
4 spacesParking
Listed by Keystone Homes Group• Keller Williams Realty Boston Northwest
Mid-Cambridge, located between Harvard Square and Central Square, is a residential and academic Cambridge neighborhood with tree-lined side streets and a pocket-sized retail scene. The neighborhood’s character concentrates around Massachusetts Avenue near Prospect Street, where coffee counters, small restaurants, and storefront studios keep the sidewalks active. Brick rowhouses, classic triple-deckers, and campus-adjacent buildings shape a streetscape that feels historic without feeling museum-like. Harvard Yard and the Harvard Art Museums sit at the edge, adding lectures, galleries, and a steady cultural current. Cambridge Common and nearby courtyards give the grid a green pause. Bike lanes and frequent buses along Mass Ave tie daily errands to the larger squares.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Storage
Living room
Kitchen
Family room
Insulated doors
Insulated windows
23 total rooms
Bathrooms
8 full bathrooms
Kitchen
Range
Oven
Refrigerator
Dishwasher
Laundry & utility
Washer hookup
Electric dryer hookup
Flooring
Wood
Tile
Hardwood
Heating & cooling
Baseboard heating (8 heating units)
Window cooling units
Exterior features
Fenced yard
Porch
Wood deck
Rain gutters
Paved road access
Public road frontage
Easements on lot
Home design
5–9 family property
Brown exterior
Parking
Open parking for 4 vehicles
Paved driveway
Shared driveway
Off-street parking
Construction
Brick and stone construction
Stone and brick/mortar foundation
Asphalt/composition shingle roof
Built (year per public records)
Utilities
Public water
Public sewer
Electric with circuit breakers
Gas available for range
HOA & community
Access to public transportation, T‑Station, sidewalks, bike path, parks, shopping, highway access, and nearby university
Financial info
Multifamily investment (5–9 units) — units leased
Electricity and solar
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