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!
Sale Statistics
Sale Overview
Original List Price:$2,000,000
Final Sale Price:$2,050,000
Difference:
+$50,000 (+2.5%)
Performance Metrics
102.5%
List to Sale Ratio
Sold above asking price
57
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$402
Sale $/sq ft:$412
This property sold for $412 per square foot
Sale Summary
This property sold for 2.5% above the original asking price, indicating strong buyer demand.
The property spent 57 days on market before selling.
