36
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$2,200,000
Est. payment /mo
9 Beds
3 Baths
2,814 SqFt
New
3 Palermo St Cambridge, MA 02141
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Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,814 sqft
Price per Sqft $781
MLS Listing ID 73519999
Bedrooms 9
Full Baths 3
Year Built 1903
Annual Tax Amount $9,674
Tax Year 2025
Lot Size 1,306 Sqft
Acres 0.03
Property Sub-Type 3 Family
Property Description
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.
Location
State MA
County Middlesex
Area East Cambridge
Zoning C-1
Direction Willow Street to Palermo Street
Rooms
Basement Full, Unfinished
Exterior
Garage No
Building
Lot Description Level
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Lottery
Middle Schools Lottery
High Schools Crl
Others
Senior Community false
Listed by Gibson Sotheby's International Realty
NEARBY SCHOOL & BUSINESS
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