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1657 Cambridge Street, Cambridge, MA 02138
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$3,495,000
3 Unit
11 Beds
4 Baths
4962 SQFT
0.07 Acre

Property Description

This turn-of-the-century triple-decker blends timeless character with modern updates in an unbeatable Harvard Square location. All units are over 1,300sf. Unit 3 is leased through June 2026 and Unit 1 & 2 are leased through May 2026, & generate over $18,000/month in rent. Updates include a 2018 3rd floor renovation - new kitchen, 2 new baths, in-unit laundry, and central air. 2021 roof, 2022 windows, refreshed kitchens in units 1 & 2, stainless steel appliances throughout, bathroom upgrades and newer hot water heaters.These sleek modern upgrades intertwine beautifully with the character of this circa 1903 home, including high ceilings, original floors, pocket doors, bay windows and crown molding. Ample closet space and great flow, plus large, private rear decks. Well-maintained and consistently improved, the property produces over $219K annually, making this home a strong income generator with long-term appreciation potential in one of Greater Boston’s most competitive markets.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 11
  • Total Full Baths: 4
  • Total Fireplaces: 3
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub, Bathroom With Tub & Shower, Bathroom with Shower Stall, Crown Molding, Pantry, Stone/Granite/Solid Counters, Storage, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Vent Hood, Washer, Washer Hookup
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 219600
  • Gross Expenses: 21600
  • Electric Expenses: 3600
  • Water/Sewer: 3003
  • INSC: 6600
  • Repairs & Maintenance: 6000
  • Management Fee: 5400
  • Net Operating Income: 198000

Utilities

  • Heat Zones: 3
  • Cooling Zones: 1
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: Washer Hookup, for Electric Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Electric, Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1903
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Flooring Type: Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73438423
  • Last Updated: 11/13/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/13/2025Under Agreement$3,495,000$704MLSPIN
11/02/2025Contingent$3,495,000$704MLSPIN
10/06/2025Active$3,495,000$704MLSPIN
10/01/2025New$3,495,000$704MLSPIN

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Seller's Representative: Susan Condrick, Gibson Sotheby's International Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-11-13 18:03:00

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