Nestled in a well-maintained eight-unit brick building, this property is the perfect starter home or investment portfolio addition. Offering both immediate income and long-term growth, the unit is currently leased through July 31, 2026, for $2,700 per month (including a deeded parking space). With rents currently below market rates and neighborhood parking typically commanding $300??$400, there is significant upside potential. The unit features a comfortable layout and a low $405 HOA fee that covers essential expenses such as heat and hot water. Combining steady returns, minimal upkeep, and future appreciation, this is a rare and compelling opportunity. This home delivers a rare trifecta: a prime location, sun-drenched interiors, and effortless livability in a top-tier Cambridge neighborhood. Moments to Central Square, T station, restaurants, and a short walk to Harvard Square.
Listed By
Agency Name: Redfin Corp.
Agency Phone: 617-340-7803
Agent Name: Athoye Sharif
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,604.13 per month $1,179.33 Principal & Interest $270.25 Property Tax $154.55 Homeowner's Insurance
5 Centre St, Unit 11 | MLS# 73502766
This condo located at 5 Centre St, Unit 11, Cambridge, MA 02139 is currently listed for sale with an asking price of $529,900. This property was built in 1970 and has 1 bedrooms and 1 full baths with 474 sq. ft. Search Cambridge real estate on www.masiellogrouprealestate.com today.