Property Photo: 253 Cambridge St MA 02141

Listing Courtesy of: MLS PIN / Coldwell Banker Realty / Chad Myers

253 Cambridge St Cambridge, MA 02141

Active (4 Days)

$1,798,000

BED

BATH

2,922

SQFT

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Description

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.

MLS #:
73367362

Taxes
$11,548(2024)

Lot Size
1,013 SQFT

Type
Multifamily

Year Built
1900

Views
City View(s)

County
Middlesex County

Listed By

Chad Myers, Coldwell Banker Realty

Source
MLS PIN
Last checked May 4 2025 at 7:44 PM GMT+0000

Bathroom Details

Property Features

Fireplace: 0
Foundation: Concrete Perimeter

Basement Information

Interior Entry

Flooring

Wood

Exterior Features

Roof: Rubber

Utility Information

Utilities: For Gas Range, For Gas Oven, Water: Public
Sewer: Public Sewer

Parking

On Street

Stories

Living Area

2,922 sqft

Location

Map View | Street View

Listing to Address

Address to Listing

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

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