23-25 Inman St, Cambridge, MA 02139
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$3,490,000
8 Unit
9 Beds
8 Baths
5314 SQFT
0.11 Acre

Property Description

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.

Property Details tap to expand

Building Information

  • Total Units: 8
  • Total Floors: 10
  • Total Bedrooms: 9
  • Total Full Baths: 8
  • Amenities: Bike Path, Highway Access, Park, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Bulkhead, Concrete Floor, Full, Unfinished Basement
  • Common Rooms: Family Room, Kitchen, Living Room
  • Common Interior Features: Storage, Tile Floor
  • Common Appliances: Dishwasher, Range, Refrigerator, Wall Oven, Washer Hookup
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Owner Provided
  • Gross Operating Income: 254280
  • Gross Expenses: 18885
  • GSE: 10582
  • Electric Expenses: 5556
  • Water/Sewer: 2746
  • Net Operating Income: 235395

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: Washer Hookup, for Electric Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

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

Unit 4 Description

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

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Brick, Stone/Concrete
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Asphalt/Composition Shingles
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: None, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73532928
  • Last Updated: 06/13/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/13/2026Active$3,490,000$657MLSPIN
06/09/2026New$3,490,000$657MLSPIN

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Seller's Representative: Keystone Homes Group, Keller Williams Realty Boston Northwest
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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MLS PIN data last updated at 2026-06-13 03:05:00

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