355-365 Prospect St & Clary St Cambridge MA 02139 MLS #73415683

355-365 Prospect St & Clary St
Cambridge, MA, 02139
$7,200,000
26 Beds
12 Baths
13,602 SqFt
0.16 Acres
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Situated on one tax-parcel, 355-365 Prospect Street & 6-8 Clary Street is a two-building, three-storied multi-family property that contains a total of twelve units, comprised of ten 2-Bedroom/1-Bathroom units and two 3-Bedroom/1-Bathroom units. 355-365 Prospect consists of nine Two-Bedroom/1 Bathroom Units. 6-8 Clary Street consists of three units with two 3-Bedroom/1-Bathroom units and one 2-Bedroom/1-Bathroom unit. The Property features hardwood floors throughout and in-unit washers and dryers. Several units feature modern upgrades and renovations. Each unit is separately metered for gas, heat, hot water and electricity. 6-8 Clary Street is sub-metered for water and sewer. 355-365 Prospect Street and 6-8 Clary Street offers the opportunity to acquire a well-maintained investment Property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns.

Property Details

Price:
$7,200,000
MLS #:
73415683
Status:
Active
Beds:
26
Baths:
12
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Aug 8, 2025
Finished Sq Ft:
13,602
Total Sq Ft:
13,602
Lot Size:
7,125 sqft / 0.16 acres (approx)
Year Built:
1900
Units:
12

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Schools

Interior

Bathrooms
12 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T- Station, University
Parking Features
On Street
Roof
Rubber

Financial

Net Operating Income
$408,643
Tax Year
2025
Taxes
$36,770

Map

Community

Market Summary

Current real estate data for Multi Family in Cambridge as of Aug 29, 2025
46
Multi Family Listed
70
Avg DOM
772
Avg $ / SqFt
$3,698,737
Avg List Price

Property Summary

    355-365 Prospect St & Clary St Cambridge MA is a Multi Family for sale in Cambridge, MA, 02139. It is listed for $7,200,000 To schedule a showing of MLS#73415683 at 355-365 Prospect St & Clary St in Cambridge, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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