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17 Days on market
76 Orchard Cambridge — Photo 1 of 40

76 Orchard Cambridge — Photo 1 of 40

$2,995,000

Investment Analysis — 76 Orchard

Cambridge, MA 02140 — Porter Square

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 02140 carries an estimated $8,430/mo in gross rent — about a 2.18% cap rate and $65,170/yr in estimated NOI at the $2,995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

3

SqFt

3,441

Style

Multi Family

Built

1903

Developers and Buyers - Rarely does an opportunity of this caliber emerge on Orchard Street— previously named by The Boston Globe "Top Spots to Live: The Best Streets in Greater Boston." Miticulously maintained and perfectly positioned between the vibrant hubs of Davis and Porter Squares, this exceptionally maintained two-family home sits on a premier 5,100 SF lot, offering a sophisticated canvas for a high-end development project with significant profit potential. The existing structure encompasses 4,366 gross SF, but the true value lies in the expansive vision for the site. End users have a wonderful option for in-law private residence below or elevated rental income towards mortgage payments and an expansive. Developers have the unique chance to execute a full gut renovation of the front two-family to add approximately 4,000 SF, while simultaneously constructing an additional 8,000 SF (including basement) for new luxury condos. This brings the total projected gross saleable area to a staggering 12,000 SF. With a projected resale value of $1,200 per square foot, the gross resale potential for this project reaches $14.4M. This is a chance to define luxury living on one of the region's most prestigious streets.Asking Price: $2.995M. At 76 Orchard in Cambridge, MA, you'll discover a distinguished multi-family property, originally constructed in 1903. Spanning 3441 square feet, this residence presents an attractive property in great condition, offering a unique opportunity for sophisticated urban living. The upstairs kitchen is thoughtfully appointed with stainless steel appliances, a functional peninsula, and an elegant wainscot wall, complemented by a distinctive wood wall and a high-end range, catering to both culinary enthusiasts and everyday convenience. The bedrooms feature resilient hardwood flooring, contributing to a sense of enduring quality and comfort throughout. The private yard offers an exclusive retreat for relaxation and recreation, while the outdoor dining area provides an ideal setting for al fresco meals. A welcoming porch further enhances the property's appeal, offering a charming space for outdoor enjoyment. To truly appreciate the refined character and exceptional potential of this Cambridge residence, a private viewing is highly recommended.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

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Property Details

Financials

Original Price$2,995,000
Annual Taxes$11,712

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms14
FireplacesNone
FlooringWood, Hardwood
BasementFull, Finished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningC1

Property & Lot

Acres0.12
SqFt Lot5,100
Lot FeaturesLevel

Geography

Listing Provided By

Listing Agent: Lance Greene

Listing Office: Compass

MLS® Number: 73574833