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22 Madison Ave, Cambridge, MA

Cambridge · MA 02140

$2,610,000
Price
9
Beds
6
Baths
3957
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1923
Units: 3 Units
Lot size: 4,400 Sq.Ft Lot
Price per square foot: $708 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

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.

Neighborhood & Transit

22 Madison Ave, Cambridge · MA 02140

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Alewife Red 0.30 mi

Price Insight

Days on Market:
223 days
Listing Price:
$2,800,000
Price per Sq.Ft:
$708
Tax Assessment:
$2,730,000 in 2026
Taxes:
$1,561 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
6
Half Bathrooms
0
Living Area
3,957 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3957
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
4,400 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Montivista Real Estate Group
Listing office
eXp Realty LLC - Corporate Office
MLS PIN #
73491363