Cambridge, MA 02140,7 Richard Ave
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Cambridge, MA 02140,7 Richard Ave
Cambridge, MA 02140,7 Richard Ave
Cambridge, MA 02140,7 Richard Ave
Cambridge, MA 02140,7 Richard Ave

$2,050,000

Est. payment /mo

$2,050,000

Est.Price: ?

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7 Richard Ave Cambridge, MA 02140

9 Beds

3 Baths

4,976 SqFt

SOLD DATE : 09/10/2025

Key Details

Sold Price $2,050,000

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 4,976 sqft

Price per Sqft $411

MLS Listing ID 73357234

Bedrooms 9

Full Baths 3

Year Built 1928

Annual Tax Amount $11,855

Tax Year 2025

Lot Size 3,920 Sqft

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

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!

Location

State MA

County Middlesex

Area North Cambridge

Zoning BA-2

Interior

Heating Hot Water, Steam

Cooling Window Unit(s)

Flooring Hardwood

Exterior

Exterior Feature Balcony

Community Features Public Transportation, Shopping, Park, Highway Access, Public School, T-Station, Sidewalks

Utilities Available for Gas Range

Roof Type Rubber

Building

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Acceptable Financing Contract

Listing Terms Contract

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Listed by Keller Williams Realty Boston-Metro | Back Bay
Bought with Emorrison Williams • Emorrison Williams
Ilya J. Rasner

Ilya J. Rasner

President, The Rasner Group | BB9072650

+1(617) 823-9780

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