407a Broadway
$2,395,000
3
Beds
4
Baths
3,575
Sqft
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$2,395,000
3
Beds
4
Baths
3,575
Living Area
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Property Description
Rare opportunity in sought-after Mid-Cambridge to own a distinguished Second Empire Mansard-style brick multifamily on a prominent corner lot. Rich in period character, the property showcases soaring ceilings, marble fireplaces, exposed brick, crown moldings, ceiling medallions, hardwood floors, oversized bay windows, and skylights, while southern exposure fills the interiors with abundant natural light. The flexible layout includes several rental units offering $13,900/monthly in rental income (over $166K annually), along with long-term versatility for investors or owner-occupants. Every level has been thoughtfully configured to maximize usable square footage, functionality, and income-producing potential. A spacious deck—a rare amenity in this part of Cambridge—extends the living space outdoors. Ideally located near Harvard University, Kendall Square's biotech corridor, and Central and Inman Squares, this property commands strong rental demand driven by its exceptional location.
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Highlights
- Cooling: Ductless, Window Unit(s)
- Levels: 4
- Property Type: 3 Family
- Total Rooms: 13
- Status: Active
- Heating: Steam, Heat Pump, Natural Gas, Baseboard
- Property Class: Residential Income
- Stories: 4
- Year Built: 1886
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Range Hood
- Construction: Brick
- Fireplaces: 2
- Foundation: Stone, Brick/Mortar, Other
- Lot Features: Corner Lot, Level
- Roof: Slate, Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Finished, Walk-Out Access, Interior Entry
- Exterior Features: Rain Gutters
- Flooring: Tile, Hardwood
- Interior Features: Crown Molding, Bathroom With Tub & Shower, Ceiling Fan(s), Walk-In Closet(s), Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: res
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Amenities
- Community Features: Public Transportation, Shopping, Park, Public School, T-Station, University
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,303,500
- Tax Year: 2026
- Total Rent: $13,900
- Rental Fee Includes: Unit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Heat, Electric, Gas, Water, Hot Water), Unit 3(Heat, Electric, Gas, Water, Hot Water), Unit 4(Heat, Electric, Gas, Water, Hot Water)
- Taxes: $15,805
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