22 Madison Ave Cambridge MA 02140 MLS #73491363

22 Madison Ave
Cambridge, MA, 02140
$3,100,000
9 Beds
6 Baths
3,957 SqFt
0.1 Acres
$3,100,000
22 Madison Ave
Cambridge, MA, 02140
Rare investment opportunity at this masterfully gut-renovated (2023) three-family building situated on a quiet one-way street in North Cambridge. This turnkey property features three spacious, identical 3-bed, 2-bath apartments boasting high ceilings, new windows, and elegant flooring throughout. Each designer unit is equipped with premium stainless steel appliances, quartz countertops, and dedicated high-efficiency systems including central AC, high efficiency gas furnaces, and on-demand tankless hot water. Investors will benefit from units being separately metered for all utilities and a heavy-duty fire sprinkler system with a dedicated storage tank. Beyond the massive basement storage, the property benefits from the potential of adding an additional floor or an ADU as permitted by Cambridge’s new zoning regulation. It also has a 92 Bike Score, in this prime location just 0.5 miles to Alewife Station. Additionally it’s a prime candidate for condo conversion.

Property Details

Price:
$3,100,000
MLS #:
73491363
Status:
Active
Beds:
9
Baths:
6
Address:
22 Madison Ave
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Cambridge
Listed Date:
Mar 25, 2026
State:
MA
Finished Sq Ft:
3,957
Total Sq Ft:
3,957
ZIP:
02140
Lot Size:
4,400 sqft / 0.10 acres (approx)
Year Built:
1923
Units:
3

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, E N E R G Y S T A R Qualified Refrigerator, E N E R G Y S T A R Qualified Dryer, E N E R G Y S T A R Qualified Dishwasher, E N E R G Y S T A R Qualified Washer, Oven, Rangetop – E N E R G Y S T A R
Bathrooms
6 Full Bathrooms
Cooling
Central Air
Heating
Central, Natural Gas

Exterior

Community Features
Public Transportation, Park, Walk/ Jog Trails, Bike Path, Conservation Area, Highway Access, Public School, T- Station, University
Construction Materials
Frame
Exterior Features
Balcony
Parking Features
Off Street, Assigned, Driveway
Parking Spots
3
Roof
Rubber

Financial

Net Operating Income
$101,419
Tax Year
2026
Taxes
$18,735
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby

22 Madison Ave
Cambridge, MA