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7-8 Marvin Place

Area 4-the Port, Cambridge, MA 02139
1 of 8 Photos Map
$1,680,000
7 Beds
4 Baths
2,393 Living Area
  • Property Description
    Offer Accepted pending Insp. Taking Back Offers. .A dream location for investors, developers, or end-users. Perfectly positioned adjacent to Central Square, Kendall Square and MIT in the vibrant Port neighborhood, this attached two-family presents a rare opportunity to secure strong income today with long-term upside in one of the city’s most coveted corridors. Conveniently tucked away on a private way, this multi-family offers approximately 3,642 square feet across two units, featuring a total of 7 bedrooms and 2 full baths. The property currently generates impressive rental income of $4,000 per month for one unit and $4,500 per month for the other — delivering $102,000 in annual gross income from day one. Filled with natural light and brimming with potential, the layout provides flexibility for continued investment, strategic renovation, condo conversion, or owner-occupancy with substantial rental offset.
  • Highlights
    • Area: Area 4-The Port
    • Heating: Oil, Central, Forced Air
    • Parking Spots: 2
    • Property Type: 2 Family - 2 Units Side by Side
    • Total Rooms: 14
    • Status: Closed
    • Cooling: Central Air
    • Levels: 6
    • Property Class: Residential Income
    • Stories: 6
    • Year Built: 1900
  • Additional Details
    • Appliances: Range, Dishwasher, Disposal, Freezer, Washer, Dryer, Refrigerator
    • Construction: Frame
    • Foundation Area: 957
    • Road Frontage Type: Private Road
    • Total Number of Units: 2
    • Year Built Source: Public Records
    • Basement: Full, Dirt Floor, Unfinished
    • Foundation: Block, Stone
    • Interior Features: Storage, Living Room, Kitchen, Office/Den
    • SqFt Source: Measured
    • Year Built Details: Renovated Since
    • Zoning: C-1
  • Amenities
    • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, House of Worship, Public School, T-Station, University
    • Parking Features: Paved Drive
  • Utilities
    • Electric: 220 Volts, Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,053,300
    • Tax Year: 2024
    • Total Rent: $8,500
    • Rental Fee Includes: Unit 1(Water), Unit 2(Water)
    • Taxes: $3,510

Location

7-8 Marvin Place, Cambridge, MA 02139

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