BEDS7
BATHS6 full
SQUARE FEET5,345
MLS#73508554
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
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 Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Fireplaces: 2
Lot Size: 0.19 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $14,886
Year Built: 1930
Amenities
Rain Gutters
Feature Descriptions
Building Area Total: 5345
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 43
Dwelling Type: 5-9 Family
Electric: Circuit Breakers
Exclusions: Tenants Possessions.
Exterior: Frame
Fireplace Y/N: Yes
Flooring: Varies
Lot Features: Other
Open Parking Y/N: Yes
Parcel Number: W:21 P:01222 S:000
Parking Features: Off Street, Paved
Parking Total: 4
Patio And Porch: Porch
Rent Includes: Unit 1(Water)
Rooms Total: 17
Sewer: Public Sewer
Units: 6
Water: Public
Window Features: Screens
Listed By / Shown By
Listed By
Agency Name: RE/MAX Select Realty
Agent Name: Kevin Cleary
Agency Phone: 617-787-9800
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 7,156.00 per month $5,230.08 Principal & Interest $1,240.50 Property Tax $685.42 Homeowner's Insurance
588-590 Cambridge St | MLS# 73508554
This multi-family property located at 588-590 Cambridge St, Boston, MA 02134 is currently listed for sale with an asking price of $2,350,000. Search Boston real estate on www.masiellogrouprealestate.com today.