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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 10 |
| Living area | 4,320 sqft |
| Lot size | 4,850 sqft |
| Year built | 1930 |
| Price / sqft | $903 |
| County | Middlesex |
| MLS # | 73586029 |
Listing status
| Days on market | 0 days |
| Listed on | October 2, 2026 |
Taxes & financials
| Annual property tax | $21,345 |
| Tax year | 2026 |
| Assessed value | $3,200,100 |
| Zoning | b |
| Gross income (actual) | $249,000/yr |
| Net operating income (actual) | $180,000/yr |
| Total actual rent | $20,736/mo |
Building & lot
| Stories | 3 |
| Total rooms | 30 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street, Driveway |
| Basement | Partially Finished, Interior Entry, Bulkhead |
| Foundation | Other |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Cambridge →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 48 Kirkland Street, Cambridge MA 02138 have?
It is a 10-unit multi-family property with 4,320 sqft of living area, built in 1930.
How long has 48 Kirkland Street, Cambridge MA 02138 been on the market?
48 Kirkland Street, Cambridge MA 02138 has been listed for 0 days (since October 2, 2026).
What is the price per unit?
At a list price of $3,900,000 across 10 units, that works out to roughly $390,000 per unit.
What are the property taxes on 48 Kirkland Street, Cambridge MA 02138?
Annual property taxes are $21,345 (2026), on an assessed value of $3,200,100.
What is the price per square foot?
At $3,900,000 for 4,320 sqft, that's about $903 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street, driveway).
Where is this property located?
48 Kirkland Street, Cambridge MA 02138 is in Cambridge, Middlesex County, MA 02138.
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