MA
Suffolk
Boston
02134
588-590 Cambridge St
588-590 Cambridge St, Boston, MA 02134
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Listing Type
Multi Family
Listing Status
Active
20
$2,500,000

Home Details for 588-590 Cambridge St

Price
$2,500,000
Type
Residential Income
Bedrooms
7
Total Bathrooms
6
Full Bathrooms
6
Square feet
5345
Year built
1930
Lot size acres
0.19
County
Suffolk
Total rooms
17
Basement
Full
Days on site
1
MLS Listing#
73508554
Property Description

***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.

Property Features
  • Parking
    • Off Street
    • Paved
  • Heating Information
    • Zoned
  • Water Features
    • Public
  • Basement
    • Full
Listing Courtesy: RE/MAX Select Realty - 617-787-9800
Presented by: Kevin Cleary
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Median Listing Price
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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