$2,200,000

588-590 Cambridge St, BOSTON - ALLSTON, BOSTON - ALLSTON, MA 02134

7Beds
6Baths
5,345Sq Ft
1930Built
HomeType

About this home

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 details

MLS #
73508554
Property type
Home
Year built
1930
Interior
5,345 ft2
Status
Active
Listed by
Boston Realty

Listed 3 days ago

Facts & features

Features
Roof: Shingle, Porch
Rooms
17
Listing
For sale
MLS #
73508554

Location

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Nearby

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