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25 Madison Avenue, North CambridgeCambridge, MA 02140MLS Number 72418400

  • Price: $2,550,000The price has recently decreased
  • Est. Mortgage of $/month
  • 41 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.75% last updated on 2018-12-06

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 7Bedrooms
  • 7Bathroom
  • 4311Square Feet
  • 0.09Acreage

25 Madison Ave is a three-storied, completely renovated condo quality three family situated ½ mile from Alewife Station and less than 1 mile from Davis Square. The Property, currently 100% leased, was recently gut-renovated with high-end finishes and features off-street parking, central air, in-unit laundry, separately metered utilities, open floor plans, storage in the basement, and both front and rear-facing decks. Currently set-up as a 3BR+/3BA duplex on the 1st floor and garden level, a 2BR+/2BA on the 2nd floor, and a 2BR+/2BA on the 3rd floor, the size and layouts of the units allow for the potential to increase rental income. The property's location provides quick access to Downtown Boston, Route 2, Route 16 and convenient, walk-able access to public transportation. The asset offers investors the opportunity to acquire an apartment building in one of the strongest real estate markets in the country.

Listed by John Pentore and Dennis Kelleher of Horvath & Tremblay

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Call: 617-716-0240 or send a message:

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Driving Directions

Marsh Properties

Your Local Office

Marsh Properties
30 Newbury Street, 3rd Floor
Boston MA, 02116

Office: (617) 716-0240

More Info

Parking

  • Garage Spaces
  • Parking Spaces3
  • Parking DescriptionOff-Street, Paved Driveway

Building

  • Year Built1925
  • ConstructionOther (See Remarks)
  • Bathroom7
  • Full Baths7
  • Terms FeatureOther (See Remarks)
  • Bedrms 13
  • Bedrms 22
  • Bedrms 32
  • Bedrooms7
  • Total Brs7
  • Rms 17
  • Total Fbh7
  • Rms 25
  • Total Flrs6
  • Rms CommonOther (See Remarks)
  • Rms 35
  • Total Levels4
  • No Units3
  • No Rooms17
  • Total Rms17
  • Total Rooms17
  • Levels3
  • Col CommonOther (See Remarks)
  • Levels 12
  • Levels 21
  • Levels 31
  • App CommonOther (See Remarks)
  • BasementYes
  • FoundationOther (See Remarks)
  • DirectionBetween Massachusetts Avenue (“Mass Ave”) and Alewife Brook Parkway
  • Lead PaintUnknown

Water Body

  • WaterfrontNo
  • BeachfrontNo

Other

  • Year Built DescrpApproximate, Renovated Since
  • Apod AvailableYes
  • Noi105690
  • View Count1

Basic Information

  • StatusACT
  • Property Type3 Family - 3 Units Up/Down
  • Date Listed11/01/2018
  • List Price$2,550,000
  • Price Per Sq Ft$592
  • Status Date2018-11-01T10:15:00
  • MLS Number72418400

Interior

  • Ife Dscrp 3
    • Crown Molding
    • Hardwood Floors
    • Open Floor Plan
    • Stone/Granite/Solid Counters
    • Upgraded Cabinets
    • Upgraded Countertops
    • Walk-In Closet
  • Ife Dscrp 1
    • Crown Molding
    • Hardwood Floors
    • Open Floor Plan
    • Stone/Granite/Solid Counters
    • Storage
    • Upgraded Cabinets
    • Upgraded Countertops
    • Walk-In Closet
  • Ife Dscrp 2
    • Crown Molding
    • Hardwood Floors
    • Open Floor Plan
    • Stone/Granite/Solid Counters
    • Upgraded Cabinets
    • Upgraded Countertops
    • Walk-In Closet
  • Rms Dscrp 2Living Room, Dining Room, Kitchen, Laundry, Office/Den
  • Rms Dscrp 3Living Room, Dining Room, Kitchen, Laundry, Office/Den
  • Rms Dscrp 1Living Room, Dining Room, Kitchen, Laundry, Office/Den
  • Ife CommonOther (See Remarks)
  • Col Dscrp 3Central Air
  • Col Dscrp 1Central Air
  • Col Dscrp 2Central Air
  • App Dscrp 3Range, Microwave, Refrigerator, Washer, Dryer
  • App Dscrp 2Range, Microwave, Refrigerator, Washer, Dryer
  • App Dscrp 1Range, Microwave, Refrigerator, Washer, Dryer
  • Basement FeatureFull, Finished
  • F Bths 22
  • F Bths 13
  • Hea CommonOther (See Remarks)
  • Hea Dscrp 1Forced Air
  • F Bths 32
  • Hea Dscrp 2Forced Air
  • Hea Dscrp 3Forced Air
  • Flrs 11
  • Flrs 22
  • Flrs 33
  • FlooringOther (See Remarks)

Location

  • Street Num25
  • Building Number25
  • StreetMadison Avenue
  • TownCambridge
  • StateMA
  • Zip02140
  • NeighborhoodNorth Cambridge
  • CountyMiddlesex

Property

  • Acreage0.09
  • Lot Size4000
  • Square Feet4311
  • Lease 1Y
  • Square Feet Incl BaseY
  • Lease 2Y
  • Lease 3Y
  • Rnt Dscrp 2Other (See Remarks)
  • Lot DescriptionOther (See Remarks)
  • Rent33300
  • Rent23200
  • Rnt Dscrp 3Other (See Remarks)
  • Rent14400
  • Rnt Dscrp 1Other (See Remarks)
  • Total Rent10900
  • Assessments1736500
  • Main LoAN2723
  • Road TypePublic

Exterior

  • ExteriorShingles, Wood, Other (See Remarks)
  • Exterior FeaturesPorch, Deck - Wood, Balcony
  • Roof MaterialOther (See Remarks)

Utilities

  • Electric FeatureOther (See Remarks)
  • Energy FeaturesOther (See Remarks)
  • WaterCity/Town Water
  • Hot WaterOther (See Remarks)
  • SewerCity/Town Sewer

Photos

  • Number of Photos17
  • Photo Date2018-11-01T10:15:00
  • Prop TypeMF

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$

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