Property Description

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-bedroom, 2-bathroom 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, gas furnaces, and on-demand 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, this property offers incredible value-add potential with a newly approved plan to add a fourth floor or addition in accordance with Cambridge’s housing policy, significantly increasing future income. Boasting a 92 Bike Score, this prime location is just 0.5 miles to Alewife Station.