588-590 Cambridge St, Boston, (Allston), MA, 02134
17 rooms
7 beds
6 Full baths
1930
5,345 sqft
***Group Showings Friday from 3:30-5PM and Sunday from 1-2:30PM*** 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 rear—a 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.
Status:
Active
Town:
Boston
Type:
Multi-family
Units:
6
Zoning:
R4
Basement:
Full
Levels:
5
Parking:
4-car, Off Street, Paved
Acreage:
0.19
Est. Taxes:
$14,886
Assessment
$120,500
Construction
Frame
Lot Description:
Other
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
MLS #:
73508554
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Kevin Cleary, RE/MAX Select Realty 617-787-9800