7-8 Marvin Place, Cambridge, MA 02139
- $1,680,000
- 7
- BD
- 4
- BA
- 2,393
- SqFt
- Sold Price
- $1,680,000
- List Price
- $1,599,999
- Status
- SOLD
- MLS#
- 73481668
- Bedrooms
- 7
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 2,393
- Lot Size (Acres)
- 0.06
- Year Built
- 1900
Property Description
Offer Accepted pending Insp. Taking Back Offers. .A dream location for investors, developers, or end-users. Perfectly positioned adjacent to Central Square, Kendall Square and MIT in the vibrant Port neighborhood, this attached two-family presents a rare opportunity to secure strong income today with long-term upside in one of the city’s most coveted corridors. Conveniently tucked away on a private way, this multi-family offers approximately 3,642 square feet across two units, featuring a total of 7 bedrooms and 2 full baths. The property currently generates impressive rental income of $4,000 per month for one unit and $4,500 per month for the other — delivering $102,000 in annual gross income from day one. Filled with natural light and brimming with potential, the layout provides flexibility for continued investment, strategic renovation, condo conversion, or owner-occupancy with substantial rental offset.
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Additional Information
- Area
- Area 4-The Port
- Taxes
- $3,510
- Interior Features
- Storage, Living Room, Kitchen, Office/Den
- Parking Description
- Paved Drive
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Sean D. Hope from Listing Office: Hope Real Estate Enterprises.
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