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.
This home has been viewed 16 times
Last Checked: March 29th, 2026 at 5:48am (Source: MLS PIN #73481668)
Gross Income: $102,000
Gross Expenses: $3,510
Net Income Calc: $98,490
Annual Expenses for 7-8 Marvin Place, Cambridge MA 02139
Total Gross Expenses (Calculated)$3,510/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3510.24
Annual Income & Unit Breakdown for 7-8 Marvin Place, Cambridge MA 02139
Total Gross Income (Calculated)$102,000
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit3
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit3
Rent IncludesHeat
General Information for 7-8 Marvin Place, Cambridge MA 02139
Listing ID73481668
Property TypeMulti Family / 2 Family
Price1599999 ($668.62/SqFt)
Style2 Family - 2 Units Side By Side
CityCambridge
CountyMiddlesex
MLS AreaArea 4-The Port
Neighborhood(s)
Approximate Living Area Total2393
Approximate Lot Size (Acres)0.06
Total Parking2
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Area957
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningC-1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 7-8 Marvin Place, Cambridge MA 02139
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.
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 7-8 Marvin Place, Cambridge MA 02139
Real Estate Taxes3510.24
Tax Year2024
Assessed Value$1,053,300
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 7-8 Marvin Place, Cambridge MA 02139
Neighborhood(s)
MLS AreaArea 4-The Port
Area AmenitiesWalk/jog Trails
Contact Information for 7-8 Marvin Place, Cambridge MA 02139