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Brian OKeefe

brian.okeefe@redfin.com +1(781) 591-9611

$ 2,250,000

Est. payment -/mo

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142-144 Webster Ave Cambridge, MA 02141

10 Beds

5 Baths

4,176 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,176 sqft

Price per Sqft $538

MLS Listing ID 73594607

Bedrooms 10

Full Baths 5

Year Built 1920

Annual Tax Amount $14,032

Tax Year 2026

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type 5-9 Family

Property Description

142-144 Webster Ave, which is a 6.29% CAP RATE, contains five (5) 2-Bedroom/1-Bathroom units with 4,176 square feet of gross living area in 4,908 square feet of gross area situated upon a 0.07-acre parcel. The Property has been impeccably maintained under current ownership, offering investors a turnkey asset in one of the nation's most desirable rental markets. Each unit has been renovated and features hardwood flooring, granite countertops, updated white cabinetry, tiled bathrooms and kitchens, and updated appliances, including dishwashers and gas-fired stoves. The Property benefits from separately metered utilities, including individual gas-fired forced hot water (FHW) heating systems, separate gas-fired hot water systems, and individually metered electricity. The Landlord is solely responsible for city water & sewer. Additional capital improvements include a new asphalt shingle roof installed in 2023 and new vinyl siding and heating systems installed within the past 10 years, minimizing near-term capital expenditure requirements. 142-144 Webster Avenue is well-positioned in Cambridge, with proximity to both The Port and Kendall Square neighborhoods, offering convenient access to the city's vibrant commercial corridors, employment centers, and surrounding residential neighborhoods. The Property benefits from strong connectivity to major regional routes including Cambridge Street, McGrath Highway (Route 28), and Interstate 93, while nearby MBTA Green Line stations at Union Square and Lechmere, as well as Kendall/MIT and Central Square stations, provide efficient public transportation throughout Cambridge and into Boston.

Location

State MA

County Middlesex

Zoning C-1

Direction Please Use GPS.

Rooms

Basement Finished

Interior

Heating Natural Gas

Flooring Wood

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other

Roof Type Shingle

Garage No

Building

Lot Description Level

Story 5

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Horvath & Tremblay