$2,500,000
Active588-590 Cambridge St
Boston, MA, 02134
Multi-Family · MLS #73508554
Price/sqft
$468
Days on market
New today
Year built
1930
Lot size
0.19 ac
5,345 sq ft
Sq Ft
0.19 acres
Lot
1930
Year Built
Taxes: $14,886.2 (2026)
About this home
The property consists of five 1-bedroom apartments and one 2-bedroom apartment, located steps from the Green Line, major universities, and local dining. All units are separately metered for heat, hot water, and electricity, keeping landlord operating expenses low. The property includes four dedicated off-street parking spaces in the reara high-value premium in this neighborhood. There is significant upside potential to align rents with current market rates: four leases expire August 31, 2026, one unit is a tenant-at-will, and one unit is leased through July 31, 2027. This asset offers immediate cash flow with plenty of upside through strategic lease renewals and improved management efficiencies. A premier investment opportunity in a core Boston submarket. Email agent for the full financial breakdown. The property features a proven rental history with long-term occupancy and minimal vacancy.
Property details
- Road type
- Public
- Basement
- Full
- Electric
- Circuit Breakers
Listed by Kevin Cleary · RE/MAX Select Realty
Schedule a showing
588-590 Cambridge St
Estimated payment
$14,924 / month
Loan term
- Principal & interest
- $12,641
- Property tax
- $1,241
- Home insurance
- $1,042
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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