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CATALLO Team @ Realty ONE Group Cosmopolitan
48 Kirkland Street, Cambridge, MA 02138
- $3,900,000
- 10
- BD
- 10
- BA
- 4,320
- SqFt
- List Price
- $3,900,000
- Status
- ACTIVE
- MLS#
- 73586029
- Bedrooms
- 10
- Bathrooms
- 10
- Full Baths
- 10
- Living Area
- 4,320
- Lot Size (Acres)
- 0.11
- Year Built
- 1930
Property Description
ATTENTION BUY-AND-HOLD INVESTORS! Rare opportunity to acquire a stand-alone 10-unit brick building in the highly desirable Harvard Square area. Ideally located at the corner of Kirkland Street and Kirkland Road, this fully leased property offers an appealing, manageable investment opportunity for both experienced and first-time multifamily investors. The building features 10 studio apartments, all currently leased through August 2027, providing immediate and stable rental income. Four off-street driveway parking spaces are also rented, providing an additional income stream. Tenants enjoy individual storage units and on-site laundry facilities located in the lower level. The property is serviced by a newer central gas boiler and central water heater, while tenants are responsible for their own electricity. With its exceptional location, full occupancy, parking and straightforward operation, this is a rare opportunity to acquire a well-positioned multifamily asset in one of the area’s most desirable and consistently sought-after rental markets.
Additional Information
- Area
- Harvard Square
- Taxes
- $21,345
- Parking Description
- Paved Drive, Off Street, Driveway
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Lori Orchanian from Listing Office: Coldwell Banker Realty - Belmont.
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