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355-365 Prospect St & Clary StCambridge, MA 02139

For Sale

$7,200,000

Smart Buyer Rebate $36,000

Situated on one tax-parcel, 355-365 Prospect Street & 6-8 Clary Street is a two-building, three-storied multi-family property that contains a total of twelve units, comprised of ten 2-Bedroom/1-Bathroom units and two 3-Bedroom/1-Bathroom units. 355-365 Prospect consists of nine Two-Bedroom/1 Bathroom Units. 6-8 Clary Street consists of three units with two 3-Bedroom/1-Bathroom units and one 2-Bedroom/1-Bathroom unit. The Property features hardwood floors throughout and in-unit washers and dryers. Several units feature modern upgrades and renovations. Each unit is separately metered for gas, heat, hot water and electricity. 6-8 Clary Street is sub-metered for water and sewer. 355-365 Prospect Street and 6-8 Clary Street offers the opportunity to acquire a well-maintained investment Property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns.

Listed by John Pentore

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Horvath & Tremblay

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781-776-4004

Listed by Dennis Kelleher

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Horvath & Tremblay

Listed by Kelleher - Pentore Team

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Horvath & Tremblay

Last updated September 06, 2025

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Source: MLSPin #73415683

Listing Facts

  • TypeMulti-family
  • NeighborhoodInman Square
  • Bedrooms26
  • Bathrooms12
  • Days on Prevu29
  • Taxes$36,770/year
  • Size13,602 sqft
  • Price per sqft$529

Location

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Listing History

08/08/2025
Listed by Horvath & Tremblay
$7,200,000

Property Details for 355-365 Prospect St & Clary St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House Of Worship, Private School, Public School, T-Station, University

Exterior

Construction

  • Number Of Units Total: 12
  • Roof: Rubber
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1900
  • Year Built Details: Approximate

Measurements

  • Building Area Total: 13,602
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot, Other
  • Lot Size Acres: 0.16
  • Lot Size Area: 0
  • Lot Size Square Feet: 7,125
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $492,631.00
  • Operating Expense: $83,988.00

Taxes

  • Tax Annual Amount: $36,770.00
  • Tax Assessed Value: $5,624,800.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 13,602
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 12
  • Bathrooms Total Integer: 12
  • Bedrooms Total: 26
  • Rooms Total: 50

Parking

Parking

  • Open Parking: Yes
  • Parking Features: On Street

Utilities

Equipment

  • Electric: Individually Metered
  • Sewer: Public Sewer
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.