22 Madison Ave Cambridge MA 02140 MLS #73491363

22 Madison Ave
Cambridge, MA, 02140
$3,055,555
9 Beds
6 Baths
3,957 SqFt
0.1 Acres
$3,055,555
22 Madison Ave
Cambridge, MA, 02140
MLS #73491363 image #0
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:
$3,055,555
MLS #:
73491363
Status:
Active
Beds:
9
Baths:
6
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Listed Date:
Mar 25, 2026
Finished Sq Ft:
3,957
Total Sq Ft:
3,957
Lot Size:
4,400 sqft / 0.10 acres (approx)
Year Built:
1923
Units:
3

Schools

Interior

Above Grade Finished Area
3957
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven, Rangetop – ENERGY STAR
Bathrooms
6 Full Bathrooms
Cooling
Central Air
Heating
Central, Natural Gas
Interior Features
Living Room, Kitchen, Laundry Room
Levels
3

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
Lot Features
Level
Open Parking Spaces
3
Open Parking YN
1
Parking Features
Off Street, Assigned, Driveway
Parking Spots
3
Parking Total
3
Patio And Porch Features
Deck – Wood
Roof
Rubber
Stories
3

Financial

Net Operating Income
$101,419
Tax Year
2026
Taxes
$18,735
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Marie Andrews

Marie Andrews

RealtorĀ®, 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…

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Current real estate data for Multi Family in Cambridge as of May 04, 2026
60
Multi Family Listed
73
Avg DOM
699
Avg $ / SqFt
$3,858,324
Avg List Price

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Property Summary

    22 Madison Ave Cambridge MA is a Multi Family for sale in Cambridge, MA, 02140. It is listed for $3,055,555 To schedule a showing of MLS#73491363 at 22 Madison Ave in Cambridge, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
22 Madison Ave
Cambridge, MA