48 Kirkland Street
$3,900,000
10
Beds
10
Baths
4,320
Sqft
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$3,900,000
10
Beds
10
Baths
4,320
Living Area
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Property Description
ATTENTION BUY-AND-HOLD INVESTORS! Rare opportunity to acquire a stand-alone 10-unit brick building in the highly desirable Harvard Square area. Ideally located at the corner of Kirkland Street and Kirkland Road, this fully leased property offers an appealing, manageable investment opportunity for both experienced and first-time multifamily investors. The building features 10 studio apartments, all currently leased through August 2027, providing immediate and stable rental income. Four off-street driveway parking spaces are also rented, providing an additional income stream. Tenants enjoy individual storage units and on-site laundry facilities located in the lower level. The property is serviced by a newer central gas boiler and central water heater, while tenants are responsible for their own electricity. With its exceptional location, full occupancy, parking and straightforward operation, this is a rare opportunity to acquire a well-positioned multifamily asset in one of the area’s most desirable and consistently sought-after rental markets.
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Highlights
- Area: Harvard Square
- Parking Spots: 4
- Property Type: 5-9 Family
- Total Rooms: 30
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1930
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Additional Details
- Basement: Partially Finished, Interior Entry, Bulkhead
- Flooring: Tile, Hardwood
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 10
- Year Built Source: Public Records
- Construction: Frame
- Foundation: Other
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: b
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Amenities
- Community Features: Public Transportation, Shopping, Park, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Driveway
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $3,200,100
- Taxes: $21,345
- Tax Year: 2026
- Total Rent: $20,736
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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 Coldwell Banker Realty - Belmont.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.