MA
Middlesex
Cambridge
02140
22 Madison Ave
22 Madison Ave, Cambridge, MA 02140
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Listing Type
Multi Family
Listing Status
Active
25
$3,100,000

Home Details for 22 Madison Ave

Price
$3,100,000
Type
Residential Income
Bedrooms
9
Total Bathrooms
6
Full Bathrooms
6
Square feet
3957
Year built
1923
Lot size acres
0.1
County
Middlesex
Total rooms
15
Basement
Full, Unfinished
MLS Listing#
73491363
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.

Property Features
  • Parking
    • Off Street
    • Assigned
    • Driveway
  • Heating Information
    • Natural Gas
    • Central
  • Basement
    • Full
    • Unfinished
  • Cooling Information
    • Central Air
  • Water Features
    • Public
Listing Courtesy: eXp Realty - 888-854-7493
Presented by: Montivista Real Estate Group
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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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