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$7,500,000
Est. payment /mo
18 Beds
15.5 Baths
11,532 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 11,532 sqft
Price per Sqft $650
MLS Listing ID 73408490
Bedrooms 18
Full Baths 11
Half Baths 9
Year Built 1900
Annual Tax Amount $99
Tax Year 99
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Presenting 1-11 Marney Street, a 9-unit boutique apartment building located in the heart of Cambridge, Massachusetts, one of the most dynamic and supply-constrained rental markets in the Northeast. The Property features a mix of spacious two-bedroom units with either two or two and a half baths across three adjacent buildings on a quiet residential street, offering investors both stability and upside through strategic improvements or rent adjustments. Steps from Inman Square and within walking distance to Central Square, Kendall Square, and MIT, tenants of 1-11 Marney Street enjoy close access to Red Line T stations, local shops, restaurants, and major employers in tech, biotech, and academia. This well-maintained property with recently upgraded units offers investors an opportunity to acquire a turnkey asset in an extremely high barrier to entry market.
Location
State MA
County Middlesex
Zoning 99
Direction Located on the corner of Marney Street and Cardinal Medeiros Avenue
Interior
Interior Features Living Room, Kitchen
Exterior
Exterior Feature Other
Roof Type Rubber
Garage No
Building
Lot Description Other
Story 3
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Cushman & Wakefield