Property profile

31 Walden St Cambridge, MA 02140

OFF-MARKET
Apartment buildings
Property ID
US38-1486858
5,000 SF Built 1871
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Apartment buildings
Year built 1871
Total area 5,000 SF
UPID US38-1486858

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

31 Walden St Cambridge, MA 02140
Cambridge metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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