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Open House: Thu 3/5 1:00 PM
8
$1,599,999
Total Beds: 7 Total Baths: 4
Total Units: 2 SQFT: 2393
LOT size: 0.06 Acres
7-8 Marvin Place
Cambridge, MA 02139
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Property Description

A dream location for investors, developers, or end-users. Perfectly positioned adjacent to Central Square, Kendall Square and MIT in the vibrant Port neighborhood, this attached two-family presents a rare opportunity to secure strong income today with long-term upside in one of the city’s most coveted corridors. Conveniently tucked away on a private way, this multi-family offers approximately 3,642 square feet across two units, featuring a total of 7 bedrooms and 2 full baths. The property currently generates impressive rental income of $4,000 per month for one unit and $4,600 per month for the other — delivering $103,200 in annual gross income from day one. Filled with natural light and brimming with potential, the layout provides flexibility for continued investment, strategic renovation, condo conversion, or owner-occupancy with substantial rental offset. In a market where well-located multi-families are tightly held, this is a smart acquisition with multiple development options.

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 6
  • Total Bedrooms: 7
  • Total Full Baths: 4
  • Amenities: House of Worship, Park, Public School, Public Transportation, Shopping, T-Station, Tennis Court, University
  • Basement Features: Dirt Floor, Full, Unfinished Basement
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Storage
  • Common Appliances: Dishwasher, Disposal, Dryer, Freezer, Range, Refrigerator, Washer
  • Common Heating: Central Heat, Electric, Electric Baseboard, Forced Air, Oil, Oil, Radiant
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 103200
  • Net Operating Income: 103200

Utilities

  • Electric Info: 220 Volts, At Street, Circuit Breakers, Underground
  • Utility Connections: for Electric Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block, Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73481668
  • Last Updated: 03/02/26

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Map

Seller's Representative: Sean D. Hope, Hope Real Estate Enterprises
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-03-02 20:02:00