Pending

Listed by Montivista Real Estate Group

Source: MLS Property Information Network Inc #73491363

22 Madison Avenue, Cambridge, MA, 02140

$2,800,000

9
6
3
3957 sq. ft.
4400 sq. ft.

Other

30+ days on the market

What's around 22 Madison Avenue

About this property

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.

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Listing courtesy of Keller Williams Realty Boston-Metro | Back Bay

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