Off Market
3 Palermo St, Cambridge, MA
Cambridge · MA 02141
- $2,200,000
- Price
- 9
- Beds
- 3
- Baths
- 2814
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1903
Units:
3 Units
Lot size:
1,470 Sq.Ft Lot
Price per square foot:
$782 / Sq.Ft
Parking:
No Parking
About this home
Renovated (2018) three-family ideally located in the heart of East Cambridge with a strong rental history and excellent investment potential. The property consists of three well-maintained units, each offering three bedrooms and one bathroom, appealing to both investors and owner-occupants alike. The apartments feature updated kitchens and bathrooms, hardwood floors, good natural light, and functional layouts suited to today’s rental market. Strong in-place income with continued rental demand driven by the property’s exceptional location. Conveniently situated near MIT, Kendall Square, Cambridge Crossing, and the area’s renowned restaurants, cafés, shopping, and public transportation. Easy access to major commuter routes, downtown Boston, and the MBTA Red and Green Line stations. A rare opportunity to acquire a turnkey multifamily asset in one of Cambridge’s most sought-after rental markets.
Neighborhood & Transit
East Cambridge
3 Palermo St, Cambridge · MA 02141
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Union Square Green 0.34 mi
Price Insight
- Days on Market:
- 172 days
- Listing Price:
- $2,200,000
- Price per Sq.Ft:
- $782
- Tax Assessment:
- $1,523,500 in 2025
- Taxes:
- $806 / Monthly
Home Facts
Interior Features
- Bedrooms
- 9
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 2,814 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2814
- 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
- 1,470 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Lisa Godwin
- Listing office
- Gibson Sotheby's International Realty
- MLS PIN #
- 73519999
- Disclosure
- First showing will be unit 1 & 3. Second showing will include Unit 2. Unit 1 leased to a daycare through 6/30/26. Unit 2 leased through 6/30/26. Unit 3 is vacant and rent is projected.
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