$5,000,000
18
Beds
6
Baths
6,279
Living Area
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Property Description
178 Richdale Ave is located between the Avon Hill and Porter Square neighborhoods. The three-story building contains six (6) total units comprised of three (3) 4-Bedroom/1-Bathroom units and three (3) 2-Bedroom/1-Bathroom units with 6,279 square feet of gross living area and 8,404 square feet of gross area. The Property is situated upon a 10,506 sqft (0.24-acre) parcel and offers ample parking with sixteen (16) spaces available via a large lot to the side and rear of the Property. In-place rents are significantly below the current market rates; the opportunity exists to continue to drive rents to the top of the market in the competitive and desirable Cambridge multi-family market. The Property has been well maintained and features large units with generously sized common and kitchen areas, offering a highly desirable and functional layout. Additionally, the large well-situated lot lends itself for a higher density redevelopment given recent changes to Cambridge zoning.
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Highlights
- Area: Porter Square
- Parking Spots: 16
- Property Type: 5-9 Family
- Total Rooms: 39
- Status: Closed
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1920
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Additional Details
- Construction: Frame
- Roof: Shingle
- Total Number of Units: 6
- Year Built Source: Public Records
- Foundation: Other
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: C-1
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $2,944,700
- Taxes: $18,699
- Tax Year: 2025
- Total Rent: $11,775
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Horvath & Tremblay.
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