Two-Family Home with Attic
For Sale
$1,600,000
Pending
15 Yerxa Road, Cambridge, MA 02140
Vacant two-unit residence with central air upstairs, original architectural detail, unfinished lower-level and attic space, and off-street parking.
Property Size2,902 SF
Days on Market28
Property Features for 15 Yerxa Road
General Information
Standard status
Pending
Size
2,902 SF
Total Parking Spaces
3
Property subtype
Multi-family / 2 Family - 2 Units Up/Down
Zoning
RES
Units
Unit Mix
1 x 2BR, 1 x 3BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,832
Amenities
central air
in-ground irrigation
storage shed
No
Wood, Tile
2.0
Insulated Windows
Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Full, Bulkhead, Concrete Floor
Living Room, Dining Room, Kitchen
2
2.00
Fenced
Frame
Shingle, Rubber
Sprinkler System, Garden, Fenced Yard, Garden Area
Building Details
Year Built
1900
Listing Agency:
Compass
Listed By:
MonaLisa Team
(781) 915-7267
Source:
Compass
Added: Sep 8
Changed: Sep 29
Last Checked: Oct 4 at 12:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This 2,902-square-foot duplex, built in 1900, contains two apartments and will be delivered vacant. The first-floor unit offers 5 rooms and 2 bedrooms, while the upper apartment has 3 bedrooms and central air. Both residences include high ceilings, wood flooring, and original belly moldings. An unfinished walk-up attic and unfinished basement provide additional space, while the basement includes a bulkhead and concrete floor.
The property sits on Yerxa Road, next to the Peabody School and ½ mile from both Porter and Davis Square. Danehy Park, Anderson Tennis Courts, Pemberton Farms, shops, restaurants, and the bike path are also nearby. Exterior features include a landscaped front yard, fenced back yard, in-ground irrigation, and a driveway accommodating at least 3 cars. A concrete storage shed is also located on the property.
The property sits on Yerxa Road, next to the Peabody School and ½ mile from both Porter and Davis Square. Danehy Park, Anderson Tennis Courts, Pemberton Farms, shops, restaurants, and the bike path are also nearby. Exterior features include a landscaped front yard, fenced back yard, in-ground irrigation, and a driveway accommodating at least 3 cars. A concrete storage shed is also located on the property.
Key Highlights
- 2,902‑square‑foot duplex built in 1900
- Two apartments: first floor has 5 rooms and 2 bedrooms; upper level has 3 bedrooms
- Upper apartment includes central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,794
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,455,880
$1.5M
Cap Rate 7%
$1,039,914
$1.0M
Cap Rate 9%
$808,822
$808.8K
Market Conditions
NOI Build-Up for 2,902 SF
Gross rent
$109.7K $37.80/SF
− Vacancy
−$5.7K −$1.97/SF
EGI
$104.0K $35.83/SF
− OpEx
−$31.2K −$10.75/SF
NOI
$72.8K $25.08/SF
Area
Cambridge, MA
Vacancy
5.20%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,455,880
Cap Rate 7%
$1,039,914
Cap Rate 9%
$808,822
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$909.9K – $1.21M
NOI $72,794 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$971.9K
$850.4K – $1.13M
NOI $68,032 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,611 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,952
Businesses Nearby
Explore this area
Business Placement
Demographics for 02140, MA
21,447
Population
11,117
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
95%
High-School Grad
1.2 sq mi
ZIP Area
17,873
Density / Sq Mi
$136,382
Median Household Income
$77,506
Median Earnings
$2,581
Median Rent
$1,070,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-unit residence with central air upstairs, original architectural detail, unfinished lower-level and attic space, and off-street parking.
Where is this duplex located?
The property is located at 15 Yerxa Road Cambridge, MA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2,902‑square‑foot duplex built in 1900; Two apartments: first floor has 5 rooms and 2 bedrooms; upper level has 3 bedrooms; Upper apartment includes central air
