31 Walden St Cambridge, MA 02140
- Commercial real estate
- 5,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 31 Walden St
- Year built
- 1871
- Property size
- 5,000 SF
- Property type
- Commercial real estate
Description
This exceptional three-unit apartment building, situated at 31 Walden Street in Cambridge, Massachusetts, presents a compelling investment opportunity. Built in 1871 and boasting 5,000 square feet of living space across three stories, this property sits on a sizable 7,425 square foot lot. Each of the three units offers four bedrooms, showcasing spacious and functional layouts ideal for modern living. Recent renovations include stainless steel appliances and granite countertops in each unit, complemented by private decks. The property also includes twelve off-street parking spaces, approximately nine of which are currently rented to tenants, generating additional income. A covered three-car garage provides further income potential. Currently operating at 100% occupancy (as of October 7, 2024), this asset benefits from its location in the desirable Porter Square neighborhood, a highly sought-after area due to its proximity to Harvard, MIT, and Tufts Universities. The property's convenient access to the MBTA Red Line (Davis and Porter stations, both within a ten-minute walk) further enhances its appeal. This multifamily property offers a blend of timeless real estate in a core Boston submarket, strong rental income, and potential for future appreciation. The asking price is $2,950,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cambridge
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.12411678416
- Latitude
- 42.390187304922
