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ATTENTION BUY-AND-HOLD INVESTORS! Rare opportunity to acquire a stand-alone 10-unit brick building in the highly desirable Harvard Square area. Ideally located at the corner of Kirkland Street and Kirkland Road, this fully leased property offers an appealing, manageable investment opportunity for both experienced and first-time multifamily investors. The building features 10 studio apartments, all currently leased through August 2027, providing immediate and stable rental income. Four off-street driveway parking spaces are also rented, providing an additional income stream. Tenants enjoy individual storage units and on-site laundry facilities located in the lower level. The property is serviced by a newer central gas boiler and central water heater, while tenants are responsible for their own electricity. With its exceptional location, full occupancy, parking and straightforward operation, this is a rare opportunity to acquire a well-positioned multifamily asset in one of the area's most desirable and consistently sought-after rental markets.

More Info

Basic Information

  • Gross Income $249,000
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 409720

Location

  • Address48 Kirkland Street
  • Building Number48
  • CountyMiddlesex
  • NeighborhoodHarvard Square
  • StateMA
  • StreetKirkland Street
  • SubdivisionHarvard Square
  • TownCambridge
  • Zip02138

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
  • Other AmenitiesBasement

Tax Information

  • Tax Assessed Value $3,200,100
  • Tax Year 2026
  • Taxes$21,345

Rooms

  • Bathroom10
  • Bathrooms Total Decimal 10
  • Bedrooms10
  • Full Bath10

Building

  • BasementPartially Finished, Interior Entry, Bulkhead
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationOther
  • Levels 3
  • Rooms30
  • Stories3
  • Units10
  • Year Built1930
  • Year Built Details Approximate
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Driveway
  • Parking Spaces4

Basic Information

  • List Price$3,900,000
  • MLS Number73586029
  • Modification Date10/02/2026
  • Property SubType5-9 Family

Property

  • Acreage0.11

Interior

  • Flooring Tile, Hardwood

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 4,320
  • Lot Size Square Feet 4,850
  • Lot Size Units Acres
  • Square Feet4,320

Other

  • Date Listed10/02/2026
  • Farm Land Area Units Square Feet

Map Location

Listed by Lori Orchanian of Coldwell Banker Realty - Belmont

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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