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48 Kirkland Street
Cambridge, MA, 02138
$3,900,000
10 Beds
10 Baths
4,320 SqFt
0.11 Acres
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MLS #73586029 image #0
Open House Oct 04, 2026
02:00 – 03:00
Open House Oct 05, 2026
12:00 – 01:30
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.

Property Details

Price:
$3,900,000
MLS #:
73586029
Status:
Active
Beds:
10
Baths:
10
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
harvardsquare
Listed Date:
Oct 2, 2026
Finished Sq Ft:
4,320
Total Sq Ft:
4,320
Lot Size:
4,850 sqft / 0.11 acres (approx)
Year Built:
1930
Units:
10
Harvard SquareHarvardsquare

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Schools

Interior

Above Grade Finished Area
2880
Bathrooms
10 Full Bathrooms
Below Grade Finished Area
1440
Flooring
Tile, Hardwood
Levels
3

Exterior

Community Features
Public Transportation, Shopping, Park, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Construction Materials
Frame
Lot Features
Corner Lot
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Driveway
Parking Spots
4
Parking Total
4
Roof
Shingle
Stories
3

Financial

Net Operating Income
$180,000
Tax Year
2026
Taxes
$21,345

Map

Community

Market Summary

Current real estate data for Multi Family in Cambridge as of Oct 04, 2026
55
Multi Family Listed
102
Avg DOM
728
Avg $ / SqFt
$3,643,918
Avg List Price

Property Summary

    48 Kirkland Street Cambridge MA is a Multi Family for sale in Cambridge, MA, 02138. It is listed for $3,900,000 To schedule a showing of MLS#73586029 at 48 Kirkland Street in Cambridge, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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