48 Kirkland Street, Cambridge MA 02138

Cambridge, MA 02138
$3,900,000
Est. $21,699/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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0.11
Acres
1930
Year Built
20
Days on Market
For Sale Listed Oct 2, 2026 • MLS# 73586030 Copied! • Updated Oct 6, 2026

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About this home

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.

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Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 2, 2026
$3,900,000
Original listing
Agent: Lori Orchanian Office: Coldwell Banker Realty - Belmont

Tax History

Year Taxes Assessment
2026 $21,345 —

Financial Details

Annual Property Tax
$21,345
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1930
Lot Size 0.11 acres
Gross Income $249,000
Net Operating Income $180,000
Operating Expenses $69,000
Cap Rate 4.62%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Asphalt/composition Shingles
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $21,345
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
For Sale
Year Built
1930

Floor Layout

Interior Features

Flooring:
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Construction & Materials

Year Built: 1930
Structure Type:
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Roof: Asphalt/Composition Shingles
Foundation:

Utilities & Systems

Heating:
Cooling:
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Exterior & Lot

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Patio & Porch:
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Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,779
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

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Current Rate
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+0.5% Rate
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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

48 Kirkland Street, Cambridge MA 02138

Cambridge, MA 02138

Listing Information

Listing Agent Lori Orchanian
Listing Office Coldwell Banker Realty - Belmont
Office Phone 617-484-5300
Agent MLS ID BB802106
Office MLS ID AN6190
Listing Data Updated Oct 6, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
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