About 311-313 Cardinal Medeiros Ave
Rare opportunity to purchase this spacious triple-decker, three-family home with a large private driveway. Family-owned for decades, this well-maintained property is ideally located in the highly sought-after East Cambridge/Kendall Square neighborhood, minutes from the MBTA Red and Green Lines (Kendall sq. & Lechmere), the Charles River, MIT, Mass General Hospital, and downtown Boston. The property features three separately metered apartments with individual gas and electric utilities, plus in-unit washers and dryers in every apartment. The first and second floors each offer spacious 2-bedroom, 1-bath layouts with separate living and dining rooms, while the third floor features a modern 3-bedroom, 1-bath apartment. The second-floor apartment is leased through June 2027, the third-floor apartment is leased through April 2027, and the first-floor unit will be delivered vacant, making this an ideal opportunity for an owner-occupant or investor. Additional highlights include a partially finished basement with a full bathroom, offering great potential for additional living space. The first- and third-floor apartments feature central air conditioning. Recent improvements include a new roof and two new heating systems, both installed in 2025. Plus a large private driveway with off-street parking for 4-5 vehicles—an uncommon amenity in Cambridge. Please do not walk the property or disturb tenants; please inquire for more information and to schedule a showing.
Features of 311-313 Cardinal Medeiros Ave
| MLS® # | 73563191 |
|---|---|
| Price | $2,550,000 |
| Units | 3 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,936 |
| Acres | 0.08 |
| Year Built | 1903 |
| Type | Residential Income |
| Sub-Type | 3 Family |
| Status | Active |
Community Information
| Address | 311-313 Cardinal Medeiros Ave |
|---|---|
| Area | East Cambridge |
| City | Cambridge |
| County | Middlesex |
| State | MA |
| Zip Code | 02141-2409 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Paved Drive, Off Street, Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
| Stories | 3 |
Additional Information
| Zoning | C-1 |
|---|---|
| Gross Income | $81,600 |
| Net Operating Income | $76,500 |
| Operating Expense | $5,100 |
| Total Actual Rent | $6,800 |
| Rent Includes | Unit 1(Water), Unit 2(Water), Unit 3(Water) |
Listing Details
| Agent | Cameron Moniz |
|---|---|
| Office | Coldwell Banker Realty - Lexington |