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.

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Basic Information

Contingency Inspection
Gross Income $103,200
Mls StatusUnder Agreement
Rent Includes Unit 1(Water), Unit 2(Water)
Road Frontage DescriptionPaved

Tax Information

Tax Assessed Value $1,053,300
Tax Year 2024
Taxes$3,510

Parking

Open Parking YN Yes
Parking Features Paved Drive
Parking Spaces2

Rooms

Bathroom4
Bathrooms Total Decimal 4
Bedrooms7
Full Bath4

Basic Information

List Price$1,599,999
MLS Number73481668
Modification Date03/28/2026
Property SubType2 Family - 2 Units Side by Side
Purchase Contract Date03/14/2026

Location

Address7-8 Marvin Place
Building Number7-8
CountyMiddlesex
NeighborhoodArea 4-The Port
StateMA
StreetMarvin Place
SubdivisionArea 4-the Port
TownCambridge
Zip02139

Building

BasementFull, Dirt Floor, Unfinished
Building Area Units Square Feet
Construction Materials Frame
FoundationBlock, Stone
Foundation Area 957
Levels 6
Patio And Porch Features Porch, Deck - Wood
Rooms14
Stories6
Units2
Utilities For Gas Range, For Electric Dryer
Year Built1900
Year Built Details Renovated Since
Year Built Source Public Records

Property

Acreage0.06

Interior

Interior Features Storage, Living Room, Kitchen, Office/Den

Utilities

Cooling Central Air
Cooling YN Yes
Electric 220 Volts, Circuit Breakers
Heat SystemYes
Heating Oil, Central, Forced Air
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Measured
Living Area 2,393
Lot Size Square Feet 2,425
Lot Size Units Acres
Square Feet2,393

Amenities

Amenities
- House of Worship
- Park
- Public School
- Public Transportation
- Shopping
- T-Station
- Tennis Court(s)
- University
Appliances IncludedRange, Dishwasher, Disposal, Freezer, Washer, Dryer, Refrigerator
Other AmenitiesBasement, Tennis

Legal

ZoningC-1

Other

Date Listed03/03/2026
Farm Land Area Units Square Feet
View Count6

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Newton, MA

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Newton, MA