Rare-to-market BRICK 3-family opportunity in North Cambridge on a nearly 4K lot w/ 3700 sqft of living area, front & back porches & patio, and driveway offers a huge upside to end-users, investors, & developers alike! Impeccably well-maintained, each unit boasts 3 beds/1 bath w/ hardwoods, updated kitchens, & classic front-to-back layouts including adjoining living & dining rooms. Tenants enjoy exclusive-use laundry in the basement, along with ample private storage. Each unit is leased through 8/31/25, generating a combined monthly rent of $8,610 (**under market rents**). Additional highlights include a shared patio, a storage shed, and a paved driveway w/ carport for 3 cars. All this on a tree-lined street near Alewife, Davis Square, Tufts, Mass Ave, and the Minuteman Bikeway. Ideal for investors, 1031 exchanges, or future condo conversion. A solid Cambridge investment in a prime location!
Property Details
Price:
$2,050,000
MLS #:
73357234
Status:
Pending
Beds:
9
Baths:
3
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Neighborhood:
North Cambridge
Listed Date:
Apr 9, 2025
Finished Sq Ft:
4,976
Total Sq Ft:
4,976
Lot Size:
3,933 sqft / 0.09 acres (approx)
Year Built:
1928
Units:
3
See this Listing
Schools
Interior
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Bathrooms
3 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Hardwood
Heating
Hot Water, Steam
Exterior
Community Features
Public Transportation, Shopping, Park, Highway Access, Public School, T- Station, Sidewalks
Construction Materials
Brick
Exterior Features
Balcony
Other Structures
Shed(s)
Parking Features
Paved Drive, Off Street, Tandem, Driveway
Parking Spots
3
Roof
Rubber
Financial
Tax Year
2025
Taxes
$11,855
Map
Community
- Address7 Richard Ave Cambridge MA
- CityCambridge
- CountyMiddlesex
- Zip Code02140
Subdivisions in Cambridge
- Baldwin/Agassiz
- Brewster Village
- East Cambridge, Kendall Sq, Lechmere
- Half Crown Marsh
- North Cambridge
- West Cambridge
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Market Summary
Current real estate data for Multi Family in Cambridge as of Aug 25, 2025
48
Multi Family Listed
72
Avg DOM
747
Avg $ / SqFt
$3,618,310
Avg List Price
Property Summary
- 7 Richard Ave Cambridge MA is a Multi Family for sale in Cambridge, MA, 02140. It is listed for $2,050,000 To schedule a showing of MLS#73357234 at 7 Richard Ave in Cambridge, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Keller Williams Realty Boston-Metro | Back Bay. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
7 Richard Ave
Cambridge, MA
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