Two-Family Residential Income
25 Granite Street Cambridge, MA 02139
25 Granite Street, Cambridge, MA, 02139
$1,199,000
For Sale
$1,199,000
Two-family home in Cambridge near Memorial Drive, with a standout setting across from Morse School.
Property Size1,929 SF
Price / SF$621.57
Days on Market44
Property Features for 25 Granite Street
General Information
- Standard status
- Active
- Size
- 1,929 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1894
Listing agency
Douglas Elliman Real Estate - Park Plaza
(617) 267-3500
Listed by
Brody Murphy Novak Group
Source
Stevebremis
Added: Jun 8 Updated: Jul 20 at 9:13PM Checked: Jul 21 at 7:05AM
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 Douglas Elliman Real Estate - Park Plaza
Investment Insights
Based on property information with market context.
25 Granite Street is a well-maintained two-family residence in Cambridge, offering a flexible layout for either long-term rental use or owner-occupancy. The home is presented with spacious, light-filled living areas and practical day-to-day functionality across its separate living spaces.
The property’s setting is notable, located across from Morse School and just steps from Memorial Drive. Residents also have convenient access to the Charles River, scenic walking and biking paths, and nearby outdoor amenities including playgrounds and open green space. Nearby is a mix of local restaurants and shops, along with public transportation, supporting everyday convenience.
For buyers seeking a classic residential income structure in a highly connected Cambridge area, this two-family home combines a straightforward configuration with an active neighborhood context.
The property’s setting is notable, located across from Morse School and just steps from Memorial Drive. Residents also have convenient access to the Charles River, scenic walking and biking paths, and nearby outdoor amenities including playgrounds and open green space. Nearby is a mix of local restaurants and shops, along with public transportation, supporting everyday convenience.
For buyers seeking a classic residential income structure in a highly connected Cambridge area, this two-family home combines a straightforward configuration with an active neighborhood context.
Key Highlights
- Two‑family home built in 1894 on a Cambridge residential street
- Set across from Morse School
- Just steps from Memorial Drive with convenient access to the Charles River
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.9k | $37.80 |
| − Vacancy | −$3.8k | −$1.97 |
| EGI | $69.1k | $35.83 |
| − OpEx | −$20.7k | −$10.75 |
| NOI | $48.4k | $25.08 |
1,929 SF · lease $37.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$691.2K
$604.8K – $806.5K
NOI $48,387 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$646.0K
$565.3K – $753.7K
NOI $45,222 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,102 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family home in Cambridge near Memorial Drive, with a standout setting across from Morse School.
Where is this duplex located?
The property is located at 25 Granite Street Cambridge, MA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two‑family home built in 1894 on a Cambridge residential street; Set across from Morse School; Just steps from Memorial Drive with convenient access to the Charles River
