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listing
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MultifamilyFor Sale
$1,798,000
253 Cambridge St
Cambridge, MA 02141
Courtesy of Mr. Chaddles Real Estate - Chad Myers
MLS Property Information Network
6Beds
2Baths
2,922Sq Ft
Est. Mortgage
$9,381/mo

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.

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Information courtesy of Mr. Chaddles Real Estate is subject to verification and is not guaranteed.
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