Renovated Two-Family
8 Seven Pines Avenue Cambridge, MA 02140
For Sale
$1,899,000
Extensively renovated two-family with owned solar and two occupied units, offering multi-floor bedroom and bath layouts.
Property Size2,315 SF
Price / SF$820.30
Days on Market178
Property Features for 8 Seven Pines Avenue
General Information
Standard status
Active
Size
2,315 SF
Property subtype
Multi-family / 2 Family - 2 Units Up/Down
Building Details
Year Built
1899
Listing Agency:
Hammond Residential Real Estate
(617) 731-4644
Listed By:
Barrie Wheeler · License #9018619
(617) 731-4644
Source:
Compass
Added: Feb 2
Changed: Jul 22
Last Checked: Jul 23 at 11:17AM
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 Hammond Residential Real Estate
Investment Insights
Based on property information with market context.
This extensively renovated two-family has been updated in 2017 with a new roof, HVAC, siding, and owned solar panels, along with a Letter of Full De-leading Compliance. The property is described as fully rented with strong rental history.
The upper duplex is currently rented at $4,000 per month and is planned to be delivered vacant by April 15. It includes three bedrooms and two full baths across the 2nd and 3rd floors, with an open living/dining layout, an updated kitchen featuring a center island, marble counters, and newer appliances, plus a large pantry. Additional features include a front porch and a 3-season porch, and the top floor has two bedrooms with cathedral ceilings, a full bath, a 2025 LG washer/dryer, and mini-split A/C.
The 1st-floor unit is rented at $3,200 per month and offers two bedrooms, an updated bath, and an updated kitchen with all-new 2024 appliances, along with replacement windows.
The upper duplex is currently rented at $4,000 per month and is planned to be delivered vacant by April 15. It includes three bedrooms and two full baths across the 2nd and 3rd floors, with an open living/dining layout, an updated kitchen featuring a center island, marble counters, and newer appliances, plus a large pantry. Additional features include a front porch and a 3-season porch, and the top floor has two bedrooms with cathedral ceilings, a full bath, a 2025 LG washer/dryer, and mini-split A/C.
The 1st-floor unit is rented at $3,200 per month and offers two bedrooms, an updated bath, and an updated kitchen with all-new 2024 appliances, along with replacement windows.
Key Highlights
- Extensively renovated 2‑family built in 1899 with full basement, fenced/enclosed yard, and frame construction with shingle roof
- Updated in 2017 with new roof, HVAC, siding, and owned solar panels, plus Letter of Full De‑leading Compliance
- Fully rented with $7,200/month total rent: upper duplex at $4,000/month and first‑floor unit at $3,200/month
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 | $87.5k | $37.80 |
| − Vacancy | −$4.6k | −$1.97 |
| EGI | $83.0k | $35.83 |
| − OpEx | −$24.9k | −$10.75 |
| NOI | $58.1k | $25.08 |
2,315 SF · lease $37.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$829.6K
$725.9K – $967.8K
NOI $58,070 @ 7.0% cap · market cap 3.06%
Second Best
Apartment 5plus
$775.3K
$678.4K – $904.5K
NOI $54,271 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,933 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Extensively renovated two-family with owned solar and two occupied units, offering multi-floor bedroom and bath layouts.
Where is this duplex located?
The property is located at 8 Seven Pines Avenue Cambridge, MA.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Extensively renovated 2‑family built in 1899 with full basement, fenced/enclosed yard, and frame construction with shingle roof; Updated in 2017 with new roof, HVAC, siding, and owned solar panels, plus Letter of Full De‑leading Compliance; Fully rented with $7,200/month total rent: upper duplex at $4,000/month and first‑floor unit at $3,200/month
