Under Agreement

3 Palermo St, Cambridge, MA

Cambridge · MA 02141

$2,080,000
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: $739 / Sq.Ft
Parking: No Parking

About this home

**VACANT** 3 Palermo Street is a three-unit investment property that was fully renovated in 2018 and is located in a very desirable street between Inman and Kendall Squares. The building is entirely comprised of 3-bedroom/1-bath units featuring custom cabinetry, granite counters, stainless steel appliances, hardwood flooring, central air, and tiled bathrooms. Conveniently located near MIT, Kendall Square, Cambridge Crossing, and MBTA Red & Green Line Stations. Unique opportunity for an investor to acquire a vacant building in one of the strongest rental markets in the Boston area.

Neighborhood & Transit

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:
50 days
Listing Price:
$2,080,000
Price per Sq.Ft:
$739
Tax Assessment:
$1,579,200 in 2026
Taxes:
$878 / 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
Circuit Breakers

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
Shingles
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Tony Pepdjonovic
Listing office
Marcus & Millichap Real Estate Investment Services
MLS PIN #
73577239