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407A Broadway, Cambridge MA 02138

Cambridge, MA 02138
$2,395,000
Est. $13,628/month
3
Beds
4
Baths
3,575
Sq Ft
$670
Price/Sq Ft
0.05
Acres
1886
Year Built
40
Days on Market
Active Listed Jun 3, 2026 • MLS# 73529498 Copied! • Updated Jun 10, 2026

About this home

Rare opportunity in sought-after Mid-Cambridge to own a distinguished Second Empire Mansard-style brick multifamily on a prominent corner lot. Rich in period character, the property showcases soaring ceilings, marble fireplaces, exposed brick, crown moldings, ceiling medallions, hardwood floors, oversized bay windows, and skylights, while southern exposure fills the interiors with abundant natural light. The flexible layout includes several rental units offering $13,900/monthly in rental income (over $166K annually), along with long-term versatility for investors or owner-occupants. Every level has been thoughtfully configured to maximize usable square footage, functionality, and income-producing potential. A spacious deck—a rare amenity in this part of Cambridge—extends the living space outdoors. Ideally located near Harvard University, Kendall Square's biotech corridor, and Central and Inman Squares, this property commands strong rental demand driven by its exceptional location.

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Property History

Property Timeline

🏠
Listed for Sale
Jun 3, 2026
$2,395,000
Original listing
Agent: Currier, Lane & Young Office: Compass

Tax History

Year Taxes Assessment
2026 $15,805 $2,303,500

Financial Details

Annual Property Tax
$15,805
Tax Year 2026
Assessed Value
$2,303,500

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1886
Living Area 3,575 sq ft
Lot Size 0.05 acres
Bedrooms 3
Full Baths 4
Total Rooms 13

Investment Metrics

Units 3
Unit 1 Rent $3,900/mo · Y
Unit 2 Rent $3,900/mo · Y
Unit 3 Rent $3,900/mo · Y
Unit 4 Rent $2,200/mo · Y
Total Monthly Rent $13,900/mo
Gross Income $166,800
Net Operating Income $126,884
Operating Expenses $39,916
Water/Sewer Expense $800
Electric Expense $10,700
Insurance Expense $3,583
Cap Rate 5.30%
Heating Steam, Heat Pump, Natural Gas, Baseboard
Cooling Ductless, Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Refrigerator, Range Hood
Fireplace Wood Burning
Fireplaces 2
Basement Full, Finished, Walk-out Access, Interior Entry
Laundry None
Features Crown Molding, Bathroom With Tub & Shower, Ceiling Fan(s), Walk-in Closet(s), Bathroom With Shower Stall, Living Room, Dining Room, Kitchen
Construction Brick
Architecture None
Roof Slate, Rubber
Features Rain Gutters
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Deck
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $15,805
Assessed Value $2,303,500
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Tenants In Place Through August 2026. See List Agent For List Of Disclosures. All Utilities Are Covered By Landlord. Seller Can Close After September 14th, 2026. No Info On Fireplace Condition/function. See Mls #73533701 For Full Breakdown Of Rents And Unit Descriptions.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures See listing agent for list of disclosures
Documents None
County Middlesex
Total market time (incl. prior listings) 7 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1886
Bedrooms
3
Full Bathrooms
4
Living Area
3,575 sq ft
Total Rooms
13
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Refrigerator, Range Hood
Interior Features: Crown Molding, Bathroom With Tub & Shower, Ceiling Fan(s), Walk-In Closet(s), Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
Windows: Box/Bay/Bow Window(s), Skylight(s), Stained Glass Window(s), Storm Window(s)
Basement: Full, Finished, Walk-Out Access, Interior Entry
Laundry:
Security:

Construction & Materials

Year Built: 1886
Structure Type:
Exterior Materials: Brick
Roof: Slate, Rubber
Foundation: Stone, Brick/Mortar, Other
Stories: 4

Heating, Cooling & Utilities

Heating: Steam, Heat Pump, Natural Gas, Baseboard
Heating Zones: 4
Cooling: Ductless, Window Unit(s)
Cooling Zones: 4
Hot Water: Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Deck
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Corner Lot, Level
Road Surface:

Parking & Garage

Parking Features:

Special Features

Fireplaces: 2
Fireplace Type: Wood Burning
Community Amenities: Public Transportation, Shopping, Park, Public School, T-Station, University
School District
Cambridge School District local
A-
🎓 Where Graduates Go Class of 2021
65% attend college
58% 4-Year 7% 2-Year 23% Out of State 7% Working
School Safety 2024-25
1.2% Low
0.8% Suspensions 0.2% In-School 0.4% Emergency
4.3% below state avg
E

Elementary Schools

3 schools
A
John M Tobin School
0.3 mi | #137 of 824 | Score: 57.4
Dropped 34 spots from last year
-0.8 below state avg
291 students Very Diverse
Diverse Student Body
Grades PK-05
A+
Martin Luther King Jr. School
0.5 mi | #22 of 824 | Score: 64.5
Improved 21 spots from last year
+6.3 above state avg
340 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
C
Prospect Hill Academy Charter School
0.5 mi | #253 of 346 | Score: 45.9
Improved 29 spots from last year
-12.3 below state avg
890 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades PK-12
M

Middle Schools

3 schools
A-
Putnam Avenue Upper School
0.5 mi | #103 of 352 | Score: 49.1
Dropped 24 spots from last year
-9.1 below state avg
283 students Very Diverse
Diverse Student Body
Grades 06-08
Allium Montessori School
0.7 mi
Grades 01-06
C+
Cambridge Street Upper School
0.9 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Farr Academy School
0.7 mi
Grades 07-12
NuVu Innovation School
0.7 mi
Grades 08-12
F
Full Circle High School
1.2 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,317
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

407A Broadway, Cambridge MA 02138

Cambridge, MA 02138

Listing Information

Listing Agent Currier, Lane & Young
Listing Office Compass
Office Phone 617-303-0067
Agent MLS ID TM331646
Office MLS ID AN2606
Listing Data Updated Jun 10, 2026 3:32 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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