MA
Middlesex
Cambridge
02140
178 Richdale Ave
178 Richdale Ave, Cambridge, MA 02140
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Listing Type
Multi Family
Listing Status
Active
14
$3,800,000

Home Details for 178 Richdale Ave

Price
$3,800,000
Type
Residential Income
Bedrooms
18
Bathrooms
6.0
Square feet
6279
Year built
1920
Lot size acres
0.24
County
Middlesex
Total rooms
39
Garage
Days on site
45
MLS Listing#
73468230
Property Description

178 Richdale Ave is located between the Avon Hill and Porter Square neighborhoods. The three-story building contains six (6) total units comprised of three (3) 4-Bedroom/1-Bathroom units and three (3) 2-Bedroom/1-Bathroom units with 6,279 square feet of gross living area and 8,404 square feet of gross area. The Property is situated upon a 10,506 sqft (0.24-acre) parcel and offers ample parking with sixteen (16) spaces available via a large lot to the side and rear of the Property. In-place rents are significantly below the current market rates; the opportunity exists to continue to drive rents to the top of the market in the competitive and desirable Cambridge multi-family market. The Property has been well maintained and features large units with generously sized common and kitchen areas, offering a highly desirable and functional layout. Additionally, the large well-situated lot lends itself for a higher density redevelopment given recent changes to Cambridge zoning.

Property Features
  • Parking
    • Paved
    • Off Street
  • Water Features
    • Public
Listing Courtesy: Horvath & Tremblay - 781-776-4000
Presented by: Tess Kohanski
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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