Sold
253 Cambridge St, Cambridge, MA
Cambridge · MA 02141
- $1,600,000
- Price
- 5
- Beds
- 3
- Baths
- 2922
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
3 Units
Lot size:
1,013 Sq.Ft Lot
Price per square foot:
$615 / Sq.Ft
Parking:
No Parking
About this home
Very rare to the market mixed-use property in a prime Cambridge location, just minutes from Kendall Square, MIT, Cambridge Hospital, Inman Square, and Lechmere Station. This solid 3-story brick building features two residential units above a street-level commercial space currently operating as a restaurant. All three units are Tenant-at-Will and well below market rent, offering exceptional flexibility for repositioning for rent increases. The total market rent should be well over $12k monthly. The residential units are ideally situated to benefit from Cambridge?s consistently high rental demand and low vacancy rates, while the commercial space provides significant income opportunity in a high-visibility location. A compelling investment for buyers seeking steady cash flow with long-term upside in one of the area?s most sought-after neighborhoods. Showings by appointment only. Please do not disturb the restaurant tenant. Also listed under Commercial MLS #73367367.
Neighborhood & Transit
253 Cambridge St, Cambridge · MA 02141
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Lechmere Green 0.17 mi
Price Insight
- Days on Market:
- 470 days
- Listing Price:
- $1,798,000
- Price per Sq.Ft:
- $615
- Tax Assessment:
- $1,199,200 in 2024
- Taxes:
- $962 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 2,922 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2922
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 1,013 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Chad Myers
- Listing office
- Mr. Chaddles Real Estate
- MLS PIN #
- 73367362
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