23-25 Inman St
$3,490,000
9
Beds
8
Baths
5,314
Sqft
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$3,490,000
9
Beds
8
Baths
5,314
Living Area
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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.
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Highlights
- Area: Mid Cambridge
- Heating: Baseboard
- Parking Spots: 4
- Property Type: 5-9 Family
- Style: Colonial
- Year Built: 1900
- Cooling: Window Unit(s)
- Levels: 10
- Property Class: Residential Income
- Stories: 10
- Total Rooms: 23
- Status: Active
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Additional Details
- Appliances: Range, Oven, Refrigerator, Dishwasher
- Construction: Brick, Stone
- Flooring: Wood, Tile, Hardwood
- Interior Features: Storage, Living Room, Kitchen, Family Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: C-1
- Basement: Full, Bulkhead, Concrete, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Stone, Brick/Mortar
- Lot Features: Easements
- Roof: Asphalt/Composition Shingles
- Total Number of Units: 8
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Bike Path, Highway Access, Public School, T-Station, University, Sidewalks
- Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $3,064,800
- Tax Year: 2026
- Total Rent: $21,190
- Rental Fee Includes: Unit 1(Heat, Gas, Water, Hot Water), Unit 2(Heat, Gas, Water, Hot Water), Unit 3(Heat, Gas, Water, Hot Water), Unit 4(Heat, Gas, Water, Hot Water)
- Taxes: $21,035
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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 Keller Williams Realty Boston Northwest.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.