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10-Unit Brick Apartment Building
New
For Sale
$3,900,000

48 Kirkland Street, Cambridge, MA 02138

Ten studio residences are leased through August 2027, with laundry and tenant storage in the lower level.

Property Size4,320 SF
Days on Market2

Property Features for 48 Kirkland Street

General Information

Standard status Active
Size 4,320 SF
Total Parking Spaces 4
Property subtype Multifamily
Occupancy 100%

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 10 x studio
Multifamily Units 10

Taxes and HOA fees

Annual Taxes $21,345

Amenities

storage units
on-site laundry

Building Details

Building Size 4,320 SF
Year Built 1930
Buildings 1
Construction brick
Listing Agency: Coldwell Banker Realty - Belmont
Listed By: Lori Orchanian · License #9503798
Source: Classifiedrealtygroup
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 2 at 4:50PM

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 Coldwell Banker Realty - Belmont

Investment Insights

Based on property information with market context.

This 1930 brick apartment property contains 10 studio units, each leased through August 2027. Lower-level amenities include on-site laundry and individual storage units. The building is served by a central gas boiler and central water heater, and residents pay for their own electricity.

At 48 Kirkland Street in Cambridge, the property also has four off-street driveway parking spaces, all rented. The apartment and parking leases provide separate sources of rental income.

Key Highlights

  • 10 studio apartments, each leased through August 2027
  • 1930 brick building with central gas boiler and central water heater
  • Four off‑street driveway parking spaces are rented

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Nail Salon Big Box & Wholesale Store Cosmetic Store Carpet & Flooring Store Nursing Home Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,851
Businesses Nearby

Demographics for 02138, MA

37,982
Population
16,132
Households
2.4
Avg Household Size
30
Median Age
86%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
14,067
Density / Sq Mi
$122,040
Median Household Income
$46,436
Median Earnings
$2,799
Median Rent
$1,088,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Ten studio residences are leased through August 2027, with laundry and tenant storage in the lower level.
Where is this apartment building located?
The property is located at 48 Kirkland Street Cambridge, MA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 10 studio apartments, each leased through August 2027; 1930 brick building with central gas boiler and central water heater; Four off‑street driveway parking spaces are rented
More about this property
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