7-8 Marvin Place, Cambridge, (Area 4-The Port), MA, 02139
14 rooms
7 beds
4 Full baths
1900
2,393 sqft
Offer Accepted pending Insp. Taking Back Offers. .A dream location for investors, developers, or end-users. Perfectly positioned adjacent to Central Square, Kendall Square and MIT in the vibrant Port neighborhood, this attached two-family presents a rare opportunity to secure strong income today with long-term upside in one of the city’s most coveted corridors. Conveniently tucked away on a private way, this multi-family offers approximately 3,642 square feet across two units, featuring a total of 7 bedrooms and 2 full baths. The property currently generates impressive rental income of $4,000 per month for one unit and $4,500 per month for the other — delivering $102,000 in annual gross income from day one. Filled with natural light and brimming with potential, the layout provides flexibility for continued investment, strategic renovation, condo conversion, or owner-occupancy with substantial rental offset.
Status:
Pending
Town:
Cambridge
Type:
Multi-family
Laundry Remarks:
Electric Dryer Hookup
Units:
2
Zoning:
C-1
Heating:
Oil, Central, Forced Air
Cooling:
Central Air
Basement:
Full, Dirt Floor, Unfinished
Levels:
6
Parking:
2-car, Paved Drive
Acreage:
0.06
Est. Taxes:
$3,510
Assessment
$1,053,300
Construction
Frame
Utilities
for Gas Range, for Electric Dryer
Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, House of Worship, Public School, T-Station, University
Appliances:
Range, Dishwasher, Disposal, Freezer, Washer, Dryer, Refrigerator
MLS #:
73481668
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Sean D. Hope, Hope Real Estate Enterprises 617-953-8369