22 Madison Ave, Cambridge, MA 02140
22 Madison Ave, Cambridge, MA 02140
22 Madison Ave, Cambridge, MA 02140
22 Madison Ave, Cambridge, MA 02140
22 Madison Ave, Cambridge, MA 02140
22 Madison Ave, Cambridge, MA 02140
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Christopher M. Scheffler

Christopher M. Scheffler

+1(978) 500-7133
$ 3,055,555
Est. payment | /mo

9 Beds

6 Baths

3,957 SqFt

Save
$ 3,055,555
Est. payment | /mo
Save

9 Beds

6 Baths

3,957 SqFt

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,957 sqft

Price per Sqft $772

MLS Listing ID 73491363

Bedrooms 9

Full Baths 6

Year Built 1923

Annual Tax Amount $18,735

Tax Year 2026

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

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.

Location

State MA

County Middlesex

Zoning B

Direction 0.5 mile to Alewife station and 1 mile to Davis Square station

Rooms

Basement Full, Unfinished

Interior

Interior Features Living Room, Kitchen, Laundry Room

Heating Central, Natural Gas

Cooling Central Air

Appliance Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven, Rangetop - ENERGY STAR

Exterior

Exterior Feature Balcony

Community Features Public Transportation, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Public School, T-Station, University

Roof Type Rubber

Total Parking Spaces 3

Garage No

Building

Lot Description Level

Story 3

Foundation Block

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by eXp Realty

Nearby Locations

Christopher M. Scheffler

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 500-7133

chris@schefsells.com

170 Commerce Way, Suite 200, Portsmouth, NH, 03801, USA

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22 Madison Ave