253 St Cambridge Cambridge MA 02141 MLS #73367362

There are multiple listings for this address:
253 St Cambridge
Cambridge, MA, 02141
$1,798,000
5 Beds
3 Baths
2,922 SqFt
0.02 Acres
$1,798,000
253 St Cambridge
Cambridge, MA, 02141
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.

Property Details

Price:
$1,798,000
MLS #:
73367362
Status:
Active
Beds:
5
Baths:
3
Address:
253 St Cambridge
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Cambridge
Listed Date:
Apr 30, 2025
State:
MA
Finished Sq Ft:
2,922
Total Sq Ft:
2,922
ZIP:
02141
Lot Size:
1,013 sqft / 0.02 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms
Flooring
Wood

Exterior

Community Features
Public Transportation, Medical Facility, Highway Access, T- Station
Construction Materials
Brick
Parking Features
On Street
Roof
Rubber

Financial

Net Operating Income
$98,400
Tax Year
2024
Taxes
$11,548
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Ask a Question
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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253 St Cambridge
Cambridge, MA
253 St Cambridge
Cambridge, MA, 02141
$1,798,000
Beds
3 Baths
2,922 SqFt
0.02 Acres
$1,798,000
253 St Cambridge
Cambridge, MA, 02141
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.

Property Details

Price:
$1,798,000
MLS #:
73367367
Status:
Active
Beds:
0
Baths:
3
Address:
253 St Cambridge
Type:
Commercial
Subtype:
3 Family – 3 Units Up/Down
City:
Cambridge
Listed Date:
Apr 30, 2025
State:
MA
Finished Sq Ft:
2,922
Total Sq Ft:
2,922
ZIP:
02141
Lot Size:
1,013 sqft / 0.02 acres (approx)
Year Built:
1900

Schools

Interior

Bathrooms
3 Full Bathrooms
Flooring
Wood

Exterior

Community Features
Public Transportation, Medical Facility, Highway Access, T- Station
Construction Materials
Brick
Parking Features
On Street
Roof
Rubber

Financial

Net Operating Income
$98,400
Tax Year
2024
Taxes
$11,548
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby