$2,200,000 ($781.81 per sqft)

Est. Mortgage $10,837/mo *

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3 Palermo St, Cambridge, (East Cambridge), MA, 02141

3 Palermo St, Cambridge, (East Cambridge), MA, 02141
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12 rooms

9 beds

3 Full baths

1903

2,814 sqft

Renovated (2018) three-family ideally located in the heart of East Cambridge with a strong rental history and excellent investment potential. The property consists of three well-maintained units, each offering three bedrooms and one bathroom, appealing to both investors and owner-occupants alike. The apartments feature updated kitchens and bathrooms, hardwood floors, good natural light, and functional layouts suited to today’s rental market. Strong in-place income with continued rental demand driven by the property’s exceptional location. Conveniently situated near MIT, Kendall Square, Cambridge Crossing, and the area’s renowned restaurants, cafés, shopping, and public transportation. Easy access to major commuter routes, downtown Boston, and the MBTA Red and Green Line stations. A rare opportunity to acquire a turnkey multifamily asset in one of Cambridge’s most sought-after rental markets.

Status:

Active

Town:

Cambridge

Type:

Multi-family

Units:

3

Zoning:

C-1

Basement:

Full, Unfinished

Levels:

3

Acreage:

0.03

Est. Taxes:

$9,674

Assessment

$1,523,500

Lot Description:

Level

Elementary School:

Lottery

Middle School:

Lottery

High School:

Crl

MLS #:

73519999

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Lisa Godwin, Gibson Sotheby's International Realty