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Rare opportunity to acquire a fully occupied, income-producing multifamily asset in the heart of Inman Square. This turnkey investment property is being sold with tenants in place and currently generates approximately $254,280 in annual gross rental income. Located in one of Cambridge's most desirable and supply-constrained neighborhoods, the property offers stable cash flow, strong occupancy history, and significant long-term appreciation potential. Residents enjoy easy access to Harvard University, MIT, Kendall Square, Central Square, public transportation, dining, shopping, and major employment centers. An ideal opportunity for investors seeking immediate income and future growth in one of the strongest rental markets in the Greater Boston area. Property sold subject to existing leases. The property was converted into eight condominium units, providing additional long-term flexibility for future ownership or disposition strategies.

More Info

Basic Information

  • Gross Income $254,280
  • Lot Features Easements
  • Mls StatusActive
  • Rent Includes Unit 1(Heat, Gas, Water, Hot Water), Unit 2(Heat, Gas, Water, Hot Water), Unit 3(Heat, Gas, Water, Hot Water), Unit 4(Heat, Gas, Water, Hot Water)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $3,064,800
  • Tax Year 2026
  • Taxes$21,035

School Information

  • Elementary SchoolCambridge Public Schools
  • High School Rindge & Latin School
  • Junior HighCambridge Public Schools

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Shared Driveway, Off Street, Paved
  • Parking Spaces4

Rooms

  • Bathroom8
  • Bathrooms Total Decimal 8
  • Bedrooms9
  • Full Bath8

Basic Information

  • List Price$3,490,000
  • MLS Number73532928
  • Modification Date06/17/2026
  • Property SubType5-9 Family

Location

  • Address23-25 Inman Street
  • Building Number23-25
  • CountyMiddlesex
  • NeighborhoodMid Cambridge
  • StateMA
  • StreetInman Street
  • SubdivisionInman Square
  • TownCambridge
  • Zip02139

Building

  • BasementFull, Bulkhead, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Brick, Stone
  • Door Features Insulated Doors
  • FoundationStone, Brick/Mortar
  • Levels 10
  • Patio And Porch Features Porch, Deck - Wood
  • Property StyleColonial
  • Rooms23
  • Stories10
  • Units8
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.11

Interior

  • Flooring Wood, Tile, Hardwood
  • Interior Features Storage, Living Room, Kitchen, Family Room

Exterior

  • Exterior Features Rain Gutters
  • Fencing Fenced
  • RoofAsphalt/Composition Shingles

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Electric Expense 5556
  • Heat SystemYes
  • Heating Baseboard
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,314
  • Lot Size Square Feet 5,000
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet5,314

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
    • University
  • Appliances IncludedRange, Oven, Refrigerator, Dishwasher
  • Other AmenitiesBasement

Legal

  • ZoningC-1

Other

  • Date Listed06/10/2026
  • Farm Land Area Units Square Feet
  • View Count8

Map Location

Driving Directions

Listed by Keystone Homes Group of Keller Williams Realty Boston Northwest

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