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22 Madison Ave, Cambridge MA 02140

$2,800,000

Estimated $6,101/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $933,333.33

Total Rent: 165684/year

Estimated CAP Rate:

9 Bedrooms

Baths

3957

Total Parking: 3

4,400 (0.10)

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.

This home has been viewed 7 times

Last Checked: June 16th, 2026 at 9:48am (Source: MLS PIN #73491363)

Gross Income: $165,684

Gross Expenses: $24,956

Net Income Calc: $140,728

Annual Expenses for 22 Madison Ave, Cambridge MA 02140

Total Gross Expenses (Calculated)$24,956/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax18735

Annual Income & Unit Breakdown for 22 Madison Ave, Cambridge MA 02140

Total Gross Income (Calculated)$165,684

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 22 Madison Ave, Cambridge MA 02140

Listing ID73491363

Property TypeMulti Family / 3 Family

Price2800000 ($707.61/SqFt)

Style3 Family - 3 Units Up/down

CityCambridge

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3957

Approximate Lot Size (Acres)0.1

Total Parking3

Garage Parking0

Year Built1923

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 22 Madison Ave, Cambridge MA 02140

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Exclusions

Financial Data SourceEstimated

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 22 Madison Ave, Cambridge MA 02140

Real Estate Taxes18735

Tax Year2026

Assessed Value$2,730,000

Financial Data SourceEstimated

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 22 Madison Ave, Cambridge MA 02140

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 22 Madison Ave, Cambridge MA 02140

Agent

Name: Montivista Real Estate Group

Office

Name: eXp Realty LLC - Corporate Office

Phone: 888-854-7493

Team Members

Name: Ruyi Cai

Payment Calculator

, Interest

Property Taxes 1561.25

Principal & Interest 17252.71

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty LLC - Corporate Office

Montivista Real Estate Group

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [description] => 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.
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    [unparsed] => 22 Madison Ave, Cambridge MA 02140
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EXIT

22 More Photos

Pending

22 Madison Ave, Cambridge MA 02140

$2,800,000

Annual Expenses for 22 Madison Ave, Cambridge MA 02140

Annual Income & Unit Breakdown for 22 Madison Ave, Cambridge MA 02140

General Information for 22 Madison Ave, Cambridge MA 02140

Disclosures for 22 Madison Ave, Cambridge MA 02140

Financial Information for 22 Madison Ave, Cambridge MA 02140

Location Information for 22 Madison Ave, Cambridge MA 02140

Contact Information for 22 Madison Ave, Cambridge MA 02140

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

eXp Realty LLC - Corporate Office

Montivista Real Estate Group