9-15 Berkshire St - Apartments FOR SALE


Cambridge, MA 02141- Wellington-Harrington
$3,698,000 USD
617-821-5889
9-15 Berkshire St, Cambridge, MA for Sale
$3,698,000 USD
Apartments - FOR SALE
1/1
null | 5.26% Cap Rate

9-15 Berkshire St
Cambridge, MA 02141
Wellington-Harrington


HIGHLIGHTS

  • Six-family building offering a unit mix of four two-bedroom apartments and two three-bedroom residences.
  • Strong rental income with a reported NOI of approximately $194,400 and current gross income exceeding $20,000 per month.
  • Positioned steps from Kendall Square, a major hub for MIT, life sciences, and global tech employers.
  • Features include hardwood flooring, efficient layouts, and upgraded kitchens and baths in all units.
  • Convenient access to MBTA Red Line, Charles River Basin, and downtown Boston via nearby routes.

OVERVIEW

Exceptional six-family investment opportunity just steps from Kendall Square. This well-maintained three-story building features two units per floor. The two ground-level units offer private entrances, while the upper-level units are accessed via shared entrances—one for the left-side units on the second and third floors, and one for the right side. Four units (on the ground and second floors) include 2 bedrooms and 1 bathroom, while the two top-floor units feature 3 bedrooms and 1 bathroom. The property has been professionally managed, and all units are in excellent condition. Strong rental income with a cap rate above 5%. Flexible ownership options: occupy one unit and rent the others or operate all six as income-generating rentals. All current leases end on Aug 31, 2026. A full basement with over 1,800 square feet offers significant potential for additional use or future finishing. See attached interactive floor plans and 3D tour for a detailed view of the property.

FOR SALE DETAILS

PRICE

$3,698,000 USD

PRICE/SF

$702 USD /SF

# OF UNITS

6

PRICE/UNIT

$616,333

CAP RATE

5.26%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,256 SF

ZONING

C1

APN/PARCEL ID

CAMB-000040-000000-000148

ASK ABOUT THIS PROPERTY

Nathan LongColdwell BankerMore Info
617-821-5889

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Nathan LongColdwell BankerMore Info
617-821-5889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.