178 Richdale Ave is located between the Avon Hill and Porter Square neighborhoods. The three-story building contains six (6) total units comprised of three (3) 4-Bedroom/1-Bathroom units and three (3) 2-Bedroom/1-Bathroom units with 6,279 square feet of gross living area and 8,404 square feet of gross area. The Property is situated upon a 10,506 sqft (0.24-acre) parcel and offers ample parking with sixteen (16) spaces available via a large lot to the side and rear of the Property. In-place rents are significantly below the current market rates; the opportunity exists to continue to drive rents to the top of the market in the competitive and desirable Cambridge multi-family market. The Property has been well maintained and features large units with generously sized common and kitchen areas, offering a highly desirable and functional layout. Additionally, the large well-situated lot lends itself for a higher density redevelopment given recent changes to Cambridge zoning.
This home has been viewed 32 times
Last Checked: March 6th, 2026 at 11:23am (Source: MLS PIN #73468230)
Gross Income: $141,300
Gross Expenses: $18,699
Net Income Calc: $122,601
Annual Expenses for 178 Richdale Ave, Cambridge MA 02140
Total Gross Expenses (Calculated)$18,699/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax18699
Annual Income & Unit Breakdown for 178 Richdale Ave, Cambridge MA 02140
Total Gross Income (Calculated)$141,300
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 178 Richdale Ave, Cambridge MA 02140
Listing ID73468230
Property TypeMulti Family / 5+ Family
Price3800000 ($605.19/SqFt)
Style5-9 Family
CityCambridge
CountyMiddlesex
MLS AreaPorter Square
Neighborhood(s)
Approximate Living Area Total6279
Approximate Lot Size (Acres)0.24
Total Parking16
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningC-1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 178 Richdale Ave, Cambridge MA 02140
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsNo
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 178 Richdale Ave, Cambridge MA 02140
Real Estate Taxes18699
Tax Year2025
Assessed Value$2,944,700
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 178 Richdale Ave, Cambridge MA 02140
Neighborhood(s)
MLS AreaPorter Square
Area AmenitiesWalk/jog Trails
Contact Information for 178 Richdale Ave, Cambridge MA 02140