$2,950,000
9
Beds
6
Baths
3,958
Living Area
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Property Description
Introducing 22 Madison Avenue, a rare and exceptional investment opportunity in the heart of North Cambridge. This fully gut-renovated 3-family residence has been rebuilt from the studs with no detail overlooked, offering three luxurious units—each with 3 spacious bedrooms and 2 full bathrooms. Designed with both style and function in mind, every unit features open-concept layouts, contemporary kitchens with quartz countertops and stainless steel appliances, in-unit laundry, central air, and elegant wide plank hardwood flooring throughout. Off-street parking and efficient systems add to the turnkey appeal. Whether you're an investor seeking strong rental income in one of Greater Boston’s most desirable markets, or an owner-occupant looking to offset your mortgage with rental income, this property checks all the boxes. Located near Alewife, Davis Square, shops, dining, and the Minuteman Bikeway, 22 Madison blends luxury living with long-term value in a fantastic location.
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Highlights
- Area: North Cambridge
- Parking Spots: 4
- Property Type: 3 Family
- Total Rooms: 15
- Status: Active
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1923
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Additional Details
- Basement: Full, Unfinished
- Flooring: Wood
- Lot Features: Other
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: B
- Construction: Conventional (2x4-2x6)
- Foundation: Other
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Off Street
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,606,500
- Taxes: $17,028
- Tax Year: 2025
- Total Rent: $13,107
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