253 Cambridge St, Cambridge, MA 02141
- 5 beds |
- 3 baths |
- 2,922 sqft
Multi-Family Home
Built in 1900
871sqft lot
—— car garage
$615/sqft
Listed 1 month ago
Property 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.
- Listing Status:
- Pending
- Date Added:
- April 30, 2025 at 05:00AM
- Listing Office:
- Mr. Chaddles Real Estate : 857-222-6677
- Listing Agent:
- Chad Myers : 857-222-6677
- MLS ID:
- 73367362

This listing courtesy of Chad Myers, Mr. Chaddles Real Estate
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Kennedy-Longfellow
158 Spring St, Cambridge, MA, 02141
Grades PK-5
0.35 miles away
Cambridge Street Upper School
840 Cambridge St, Cambridge, MA, 02141
Grades 6-8
0.58 miles away
Cambridge Rindge and Latin
459 Broadway, Cambridge, MA, 02138
Grades 9-12
1.64 miles away