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251 Cambridge St
Boston, MA 02134
251 Cambridge Street · Multifamily Property For Sale
·
3 Units
Investment Highlights
- Lots of natural light
- Within walking distance to multiple restaurants & grocery stores
- Easily accessible via public transportation
Executive Summary
BRICK 3-FAM FOR SALE - Exceptional investment opportunity in the heart of Allston! 251 Cambridge St is a well-positioned three-unit property with tremendous upside potential close to Harvard University and Boston University's campuses. Ideally located near public transportation, highway access via I-90, local dining, and retail, the property benefits from consistent rental demand and high tenant appeal. Unit 3 is recently renovated and units 1 & 2 are TAW's, giving the buyer the ability to upgrade and add value upon purchase. Whether you're expanding your portfolio or seeking a prime Boston-area income property, this offering delivers both stability and growth potential.
Property Facts
| Price Per Unit | $560,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 5.33% | Building Size | 5,136 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1905/2020 |
| Apartment Style | Low-Rise | ||
| Zoning | MFR | ||
| Price Per Unit | $560,000 |
| Sale Type | Investment |
| Cap Rate | 5.33% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 5,136 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1905/2020 |
| Zoning | MFR |
Amenities
Site Amenities
- Walking/Biking Trails
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 3 | $2,900 | 1,100 |
| 4+1 | 3 | $4,475 | 1,250 |
Property Taxes
| Parcel Number | ALLS-000000-000022-001682-000001 | Improvements Assessment | $1,029,500 |
| Land Assessment | $302,300 | Total Assessment | $1,331,800 |
Property Taxes
Parcel Number
ALLS-000000-000022-001682-000001
Land Assessment
$302,300
Improvements Assessment
$1,029,500
Total Assessment
$1,331,800
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