1 Jay Street new Save Request In-Person Tour Request Virtual Tour
Cambridge,MA 02139
Key Details
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 3,044 sqft
Price per Sqft $706
MLS Listing ID 73450111
Bedrooms 6
Full Baths 4
Half Baths 1
Year Built 1902
Annual Tax Amount $9,697
Tax Year 2025
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
This rare 3-unit multifamily situated on a corner lot in Cambridge's desirable and sought-after Riverside neighborhood offers consistent rental history and a compelling cap rate, making it ideal for investors, owner-occupants, or developers. The flexible layout provides the option for full tenancy or owner occupancy with quality rental income. Unit #1 is a 3BR/2BA split-level with a private brick patio. Unit #2 is a bright 2BR/1.5BA on the second floor. Unit #3 is a 1BR/1BA with a balcony, and is currently occupied (TAW) but will be delivered vacant. There is coin-operated laundry and extra storage on the first floor as you enter the building. The property is walking distance of Central Square (MBTA Red Line), MIT, Harvard, Whole Foods, Trader Joe's, the Charles River, and Memorial Drive. Effortless access to Boston renowned hospitals, Kendall Square's tech hub, Downtown Boston's financial district, the Mass Pike (I-90), and Logan Airport adds to the property's exceptional appeal!
Location
State MA
County Middlesex
Area Riverside
Zoning BA-3
Direction River St or Western Ave to Jay St
Rooms
Basement Full,Bulkhead
Interior
Interior Features Storage,Walk-In Closet(s),Laundry Room,Pantry,Bathroom With Tub & Shower,Open Floorplan,Smart Thermostat,Slider,Kitchen,Living RM/Dining RM Combo,Office/Den
Heating Baseboard,Natural Gas,Electric
Flooring Varies,Laminate,Hardwood
Appliance Washer,Dryer,Range,Dishwasher,Microwave,Refrigerator,Range Hood
Exterior
Exterior Feature Balcony/Deck,Balcony,Rain Gutters
Fence Fenced/Enclosed,Fenced
Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Bike Path,Highway Access,House of Worship,Private School,Public School,T-Station,University
Utilities Available for Gas Range,for Gas Oven
Roof Type Shingle,Rubber
Garage No
Building
Lot Description Corner Lot
Story 4
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract