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!
Sold for $2,050,000 on 09/10/25
$2,050,000
7 Richard Ave, Cambridge, MA 02140
9beds
4,976sqft
3 Family - 3 Units Up/Down
Built in 1928
-- sqft lot
$1,910,900 Zestimate®
$412/sqft
$3,833 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 12, 2025 at 06:03am
Listed by:
The Rasner Group,
Keller Williams Realty Boston-Metro | Back Bay,
Ilya Jacob Rasner
Bought with:
Emorrison Williams
Emorrison Williams
Source: MLS PIN,MLS#: 73357234
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Steam
Cooling
- Window Unit(s)
Features
- Living Room, Dining Room, Kitchen
- Flooring: Hardwood
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,976
- Total interior livable area: 4,976 sqft
- Finished area above ground: 3,735
- Finished area below ground: 1,241
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Tandem, Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Patio
- Exterior features: Balcony
Lot
- Size: 3,933 sqft
Details
- Additional structures: Shed(s)
- Parcel number: M:00186 L:00065,413049
- Zoning: BA-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- Year built: 1928
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Highway Access, Public School, T-Station, Sidewalks
Location
- Region: Cambridge
HOA & financial
Other financial information
- Total actual rent: 8610
Other
Other facts
- Listing terms: Contract
- Road surface type: Paved
Services availability
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Estimated market value
$1,910,900