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Renovated Two-Family Duplex Property

6-8 Goodman Road Cambridge, MA 02139

6-8 Goodman Road, Cambridge, MA, 02139
$3,395,000
For Sale
$3,395,000

Comprehensively renovated two-family home configured as four-level duplex residences with central AC and in-unit laundry.

Property Size4,416 SF
Price / SF$768.80
Days on Market87

Property Features for 6-8 Goodman Road

General Information

Standard status
Active
Size
4,416 SF
Property subtype
Multi-family

Building Details

Year Built
1923
Listing agency Stuart St James,Inc.
Listed by Darin Thompson
Source Longwoodresidential
Added: Apr 27 Updated: Jul 20 at 11:36PM Checked: Jul 21 at 7:39AM

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 Stuart St James,Inc.


Investment Insights

Based on property information with market context.

This comprehensively renovated two-family property was completed in 2022 with Cambridge Historical Commission guidance and is configured as two duplex residences. The layout totals 4,416 finished square feet across four levels, offering 7 bedrooms and 4 full and 2 half baths. Each residence includes a kitchen and dining/living area, with two bedrooms on the main level, a full bath, and a half bath with in-unit laundry. Finishes include cherry cabinetry, quartz counters, a gas range, stainless steel appliances, oak hardwood floors, and central AC.

Unit 6 includes a private upper-floor retreat with an additional bedroom, a full bath, an office area, and access to a deck. Unit 8 extends to a finished lower level with two additional bedrooms, a full bath, a kitchenette, a community room, and a separate entrance. A detached 2-car garage and a 3-car tandem driveway provide parking.

The property is close to Harvard, Central, Kendall, Inman, and the Charles River, offering convenient access to multiple Cambridge corridors. Furnishings are negotiable for a buyer seeking a turnkey setup.

Key Highlights

  • Comprehensively renovated Harvard‑area two‑family (2022) configured as two duplex residences
  • 4,416 finished sq ft across four levels with 7 bedrooms and 4 full plus 2 half baths
  • Central AC, oak hardwood floors, and strong natural light in each residence

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 $166.9k $37.80
− Vacancy −$8.7k −$1.97
EGI $158.2k $35.83
− OpEx −$47.5k −$10.75
NOI $110.8k $25.08
4,416 SF · lease $37.80/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.58M
$1.38M – $1.85M (±1% cap)
NOI $110,771 @ 7.0% cap · market cap 3.26%
Second Best
Apartment 5plus
$1.48M
$1.29M – $1.73M (±1% cap)
NOI $103,525 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$3.40M
$2.98M – $3.97M (±1% cap)
NOI $238,316 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Nail Salon Cosmetic Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Nursing Home Nursing Home Home Appliance Store Big Box & Wholesale Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Comprehensively renovated two-family home configured as four-level duplex residences with central AC and in-unit laundry.
Where is this duplex located?
The property is located at 6-8 Goodman Road Cambridge, MA.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: Comprehensively renovated Harvard‑area two‑family (2022) configured as two duplex residences; 4,416 finished sq ft across four levels with 7 bedrooms and 4 full plus 2 half baths; Central AC, oak hardwood floors, and strong natural light in each residence
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