$11,000,000
36
Beds
18/1
Baths
12,474
Living Area
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Property Description
Prime Investment Opportunity in the Heart of Cambridge! Presenting 22-32 Cogswell Avenue, a meticulously maintained 18-Unit apartment building ideally located in one of Cambridge's most desirable residential neighborhoods. This fully leased property features 18 spacious two-bedroom units offering consistent cash flow and strong tenant demand in a high-barrier-to-entry market. Positioned just minutes from Porter Square, Harvard University and public transportation, the property provides unparalleled access to Cambridge's vibrant academic, tech, and cultural hubs. Each unit boasts well-proportioned layouts, abundant natural light, and modern conveniences, appealing to professionals, students, and families alike. With stable occupancy and upside potential through long-term rental growth or future condo conversion, 22-32 Cogswell Ave represents a rare and turnkey investment opportunity in a premier urban location.
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Highlights
- Area: Porter Square
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1920
- Heating: Baseboard, Natural Gas
- Parking Spots: 10
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 72
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator, Freezer, ENERGY STAR Qualified Dishwasher, Dishwasher
- Flooring: Varies
- Interior Features: High Speed Internet, Bathroom With Tub & Shower, Living Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 18
- Year Built Source: Public Records
- Basement: Full, Finished, Walk-Out Access, Concrete
- Foundation: Concrete Perimeter
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: B
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Assigned, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $7,624,600
- Tax Year: 2025
- Total Rent: $6,000
- Rental Fee Includes: Unit 1(Heat, Electric, Water, Hot Water)
- Taxes: $48,416
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