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ATTENTION BUY-AND-HOLD INVESTORS! Rare opportunity to acquire a stand-alone 10-unit brick building in the highly desirable Harvard Square area. Ideally located at the corner of Kirkland Street and Kirkland Road, this fully leased property offers an appealing, manageable investment opportunity for both experienced and first-time multifamily investors. The building features 10 studio apartments, all currently leased through August 2027, providing immediate and stable rental income. Four off-street driveway parking spaces are also rented, providing an additional income stream. Tenants enjoy individual storage units and on-site laundry facilities located in the lower level. The property is serviced by a newer central gas boiler and central water heater, while tenants are responsible for their own electricity. With its exceptional location, full occupancy, parking and straightforward operation, this is a rare opportunity to acquire a well-positioned multifamily asset in one of the area's most desirable and consistently sought-after rental markets.

More Info

Basic Information

  • Gross Income $249,000
  • Mls StatusNew
  • Parcel Number 409720

Tax Information

  • Tax Year 2026
  • Taxes$21,345

Basic Information

  • List Price$3,900,000
  • MLS Number73586030
  • Modification Date10/02/2026

Location

  • Address48 Kirkland Street
  • Building Number48
  • CountyMiddlesex
  • StateMA
  • StreetKirkland Street
  • TownCambridge
  • Zip02138

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1930

Property

  • Acreage0.11

Exterior

  • RoofAsphalt/Composition Shingles

Property Information

  • Lot Size Square Feet 4,850
  • Lot Size Units Acres

Legal

  • Zoningb
  • Zoning Description Other (See Remarks)

Other

  • Date Listed10/02/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Lori Orchanian of Coldwell Banker Realty - Belmont

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