48 Kirkland Street, Cambridge, MA 02138
48 Kirkland Street, Cambridge, MA 02138
48 Kirkland Street, Cambridge, MA 02138
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$3,900,000
Est. payment /mo
4,791 Sqft Lot
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Mon Oct 05, 12:00pm - 1:30pm

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73586030

HOA Y/N false

Year Built 1930

Annual Tax Amount $21,345

Tax Year 2026

Lot Size 4,791 Sqft

Acres 0.11

Property Description

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.

Location

State MA

County Middlesex

Zoning b

Direction Oxford to Kirkland

Exterior

Utilities Available Public Water, Public Sewer

Roof Type Asphalt/Composition Shingles

Others

Senior Community false


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Listed by Coldwell Banker Realty - Belmont

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Boris Kusturic

Boris Kusturic

+1(631) 633-0347

Agent License ID: 9553030

Agent License ID: 9553030

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