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Home Massachusetts Cambridge Multi-Family Homes for Sale

407A Broadway Cambridge, MA 02138
5 Days on Boardwalk Properties
36
407A Broadway, Cambridge, MA 02138
View Map
$2,395,000
3 Unit
3 Beds
4 Baths
3575 SQFT
0.05 Acre

Property Description

Rare opportunity in sought-after Mid-Cambridge to own a distinguished Second Empire Mansard-style brick multifamily on a prominent corner lot. Rich in period character, the property showcases soaring ceilings, marble fireplaces, exposed brick, crown moldings, ceiling medallions, hardwood floors, oversized bay windows, and skylights, while southern exposure fills the interiors with abundant natural light. The flexible layout includes several rental units offering $13,900/monthly in rental income (over $166K annually), along with long-term versatility for investors or owner-occupants. Every level has been thoughtfully configured to maximize usable square footage, functionality, and income-producing potential. A spacious deck—a rare amenity in this part of Cambridge—extends the living space outdoors. Ideally located near Harvard University, Kendall Square's biotech corridor, and Central and Inman Squares, this property commands strong rental demand driven by its exceptional location.
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Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 3
  • Total Full Baths: 4
  • Total Fireplaces: 2
  • Amenities: Park, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Finished, Full, Interior Access, Other (See Remarks), Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Ceiling Fans, Crown Molding, Tile Floor
  • Common Appliances: Dishwasher, Range, Refrigerator, Vent Hood
  • Common Heating: Central Heat, Common, Extra Flue, Gas, Gas, Heat Pump, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators, Steam, Steam

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 166800
  • Gross Expenses: 39916
  • Electric Expenses: 10700
  • Water/Sewer: 800
  • INSC: 3583
  • Management Fee: 5400
  • Miscellaneous Expense: 3628
  • Net Operating Income: 126884

Utilities

  • Heat Zones: 4
  • Cooling Zones: 4
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Storm Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water, Water
  • Under Lease: Yes
  • Levels: 1

Construction

  • Year Built: 1886
  • Type: 3 Family
  • Construction Type: Brick
  • Foundation Info: Brick, Fieldstone, Other (See Remarks)
  • Roof Material: Rubber, Shingle, Slate
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73529498
  • Last Updated: 06/07/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/07/2026Active$2,395,000$670MLSPIN
06/03/2026New$2,395,000$670MLSPIN

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Seller's Representative: Currier, Lane & Young, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-06-07 04:05:00

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