Cambridge, MA 02141,253 Cambridge St
Cambridge, MA 02141,253 Cambridge St
Cambridge, MA 02141,253 Cambridge St
16
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$1,798,000
Est. payment /mo
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6 Beds
2 Baths
2,922 SqFt
New

253 Cambridge St Cambridge, MA 02141

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,922 sqft

Price per Sqft $615

MLS Listing ID 73367362

Bedrooms 6

Full Baths 2

Year Built 1900

Annual Tax Amount $11,548

Tax Year 2024

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

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.

Location

State MA

County Middlesex

Zoning BA

Direction Use GPS.

Rooms

Basement Interior Entry

Interior

Flooring Wood

Exterior

Community Features Public Transportation, Medical Facility, Highway Access, T-Station

Utilities Available for Gas Range, for Gas Oven

View Y/N Yes

View City View(s)

Roof Type Rubber

Garage No

Building

Story 6

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false


Listed by Mr. Chaddles Real Estate

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agent
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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agent
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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