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178 Richdale Avenue 178 Richdale Ave 6 Unit Apartment Building $3,800,000 ($633,333/Unit) 4.03% Cap Rate Cambridge, MA 02140



Investment Highlights
- Access & Connectivity
- Area Amenities & Demand Drivers
- Development Opportunity
- Nearby Higher Education & Employment Hubs
- High Upside Potential
- Separately Metered Utilities
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 178 Richdale Avenue in Cambridge, MA (the “Property”). The three-story building contains six (6) total units comprised of three (3) 4-Bedroom/1-Bathroom units and three (3) 2-Bedroom/1-Bathroom units with 6,279 square feet of gross living area and 8,404 square feet of gross area. The Property is situated upon a 0.24-acre parcel and offers ample parking with sixteen (16) spaces available via a large lot to the side and rear of the Property. 178 Richdale Avenue is well-positioned in the heart of Cambridge’s desirable Neighborhood 9 district, offering strong visibility and seamless access to surrounding residential blocks and commercial corridors. The property sits just steps from Porter Square, providing immediate connectivity to the MBTA Red Line, Commuter Rail, and key bus routes, enabling efficient access to Harvard Square, Kendall Square, downtown Boston, and the broader Greater Boston region. The location is supported by an abundance of nearby retail, dining, parks, and community amenities, enhancing overall livability and long-term tenant appeal.
Property Facts
| Price | $3,800,000 | Apartment Style | Low-Rise |
| Price Per Unit | $633,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 4.03% | Building Size | 8,404 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1920 |
| Zoning | C - Commercial | ||
| Price | $3,800,000 |
| Price Per Unit | $633,333 |
| Sale Type | Investment |
| Cap Rate | 4.03% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 8,404 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | C - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (82)
Property Taxes
| Parcel Number | CAMB-000202-000000-000017 | Improvements Assessment | $1,600,700 |
| Land Assessment | $1,344,000 | Total Assessment | $2,944,700 |
Property Taxes
Parcel Number
CAMB-000202-000000-000017
Land Assessment
$1,344,000
Improvements Assessment
$1,600,700
Total Assessment
$2,944,700
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178 Richdale Avenue | 178 Richdale Ave
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