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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

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    $12,849/mo

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    What's special

    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!

    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