Off Market

316-318 Concord Ave, Cambridge, MA

Cambridge · MA 02138

$2,499,000
Price
7
Beds
7
Baths
3883
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1913
Units: 23 Units
Lot size: 4,500 Sq.Ft Lot
Price per square foot: $644 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Rare opportunity to own a fully renovated luxury two-family in a prime Cambridge location near Fresh Pond. This turnkey property offers an exceptional blend of modern design, functionality, and income potential in one of the city?s most desirable neighborhoods. Both residences feature thoughtfully designed open-concept layouts, sleek kitchens with quartz countertops and stainless steel appliances, updated bathrooms, generous natural light, and well-proportioned living spaces finished with a clean, contemporary feel. Unit 1 is leased through 8/31/2027 at $6,000/month, providing immediate rental income, while Unit 2 offers flexibility for an owner-occupant, multigenerational living, or additional income potential. Additional highlights include private outdoor space, off-street parking, and updated systems. Ideally located near Fresh Pond, shopping, dining, public transportation, and with easy access to Harvard Square and major routes.

Neighborhood & Transit

316-318 Concord Ave, Cambridge · MA 02138

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
132 days
Listing Price:
$2,499,000
Price per Sq.Ft:
$644
Tax Assessment:
$3,084,000 in 2025
Taxes:
$1,632 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
6
Half Bathrooms
2
Living Area
3,883 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2971
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
4,500 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

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
Ismail Guessous
Listing office
Coldwell Banker Realty - Boston
MLS PIN #
73541948