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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.

More Info

Basic Information

  • Gross Income $165,684
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number 413135

Tax Information

  • Tax Assessed Value $2,730,000
  • Tax Year 2026
  • Taxes$18,735

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, Assigned, Driveway
  • Parking Spaces3

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms9
  • Full Bath6

Basic Information

  • List Price$2,800,000
  • MLS Number73491363
  • Modification Date05/29/2026
  • Property SubType3 Family - 3 Units Up/Down

Location

  • Address22 Madison Avenue
  • Building Number22
  • CountyMiddlesex
  • StateMA
  • StreetMadison Avenue
  • TownCambridge
  • Zip02140

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationBlock
  • Levels 3
  • Patio And Porch Features Deck - Wood
  • Rooms15
  • Stories3
  • Units3
  • Year Built1923
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.1

Interior

  • Interior Features Living Room, Kitchen, Laundry Room

Exterior

  • Exterior Features Balcony
  • RoofRubber

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Heat SystemYes
  • Heating Central, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,957
  • Lot Size Square Feet 4,400
  • Lot Size Units Acres
  • Square Feet3,957

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Highway Access
    • Park
    • Public School
    • Public Transportation
    • T-Station
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, 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
  • Other AmenitiesBasement

Legal

  • ZoningB

Other

  • Date Listed03/25/2026
  • Farm Land Area Units Square Feet
  • View Count3

Map Location

Driving Directions

Listed by Montivista Real Estate Group of eXp Realty LLC - Corporate Office

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