22 Madison Avenue

Cambridge MA 02140

3957 sq. ft.

4400 sq. ft.

Other

Currently for sale - view listing

Overview

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-bed, 2-bath 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, high efficiency gas furnaces, and on-demand tankless 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, the property benefits from the potential of adding an additional floor or an ADU as permitted by Cambridge's new zoning regulation. It also has a 92 Bike Score, in this prime location just 0.5 miles to Alewife Station. Additionally it's a prime candidate for condo conversion.

Features

9 bedrooms

6 bathrooms

3 carspaces

3 open car spaces

3957 sq. ft. floor area

4400 sq. ft. lot size

Other

Property history for 22 Madison Avenue

2021

Sold

$1,650,000

16 Nov 2021 by William Senne, of Senn?

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Local market activity for 9 bedroom other properties in Cambridge

Sold

For Sale

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Montivista Real Estate Group

View listing

Sales:: (619) 566-0008

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