Sold
7 Richard Ave, Cambridge, MA
Cambridge · MA 02140
- $2,050,000
- Price
- 9
- Beds
- 3
- Baths
- 4976
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1928
Units:
3 Units
Lot size:
3,933 Sq.Ft Lot
Price per square foot:
$412 / Sq.Ft
Parking:
3 Off Street Spaces
About this home
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!
Neighborhood & Transit
North Cambridge
7 Richard Ave, Cambridge · MA 02140
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Alewife Red 0.42 mi
Price Insight
- Days on Market:
- 302 days
- Listing Price:
- $2,050,000
- Price per Sq.Ft:
- $412
- Tax Assessment:
- $1,867,000 in 2025
- Taxes:
- $988 / Monthly
Home Facts
Interior Features
- Bedrooms
- 9
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 4,976 Sq.Ft (Includes Basement)
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3735
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 3,933 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
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- The Rasner Group
- Listing office
- Keller Williams Realty Boston-Metro | Back Bay
- MLS PIN #
- 73357234
- Disclosure
- Leased until 8/31/2025
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