Exceptional 3-family on a beautiful tree-lined street in sought-after Cambridgeport. This income-producing property is equidistant to Harvard, Central, MIT, and BU, and just steps to the Charles River, public transportation, shops, and restaurants. Perfect for condo conversion, multi-generational living, or an investor’s dream—live in one unit and rent the others! First floor is a 2-bed, while the second and third floors each have 3 bedrooms. The third-floor former owner’s unit features central air and in-unit laundry. Each apartment has one bathroom. Floorplans are under the paperclip. The property is separately metered and has been well-maintained. Potential to expand into the massive, unfinished basement for added square footage or build up—potential for roof deck! With all units currently leased, this rare opportunity offers immediate income and future potential. A true gem in one of Cambridge’s most dynamic neighborhoods. Don’t miss this chance to own in an unbeatable location!
— MLSPIN #: 73363766Map of 131 Erie St, Cambridge, MA 02139
List Price: | $2,295,000 |
---|---|
Status: | Active |
MLS ID: | 73363766 |
Town: | Cambridge |
Neighborhood: | Cambridgeport |
County: | Middlesex |
Zip: | 02139 |
Property Type: | Residential Income |
Property Sub Type: | 3 Family |
Bedrooms: | 8 |
Full Baths: | 3 |
Living Area: | 3,087 sqft |
Acres: | 0.04 |
Taxes: | 9,838 |
Appliances: | Range, Dishwasher, Refrigerator, Washer, Dryer |
Cooling: | Central Air |
Flooring: | Hardwood |
Heating: | Baseboard, Forced Air |
Lot Features: | Level |
Parking Features: | On Street |
Status: | Active |
Water Source: | Public |
Year Built: | 1903 |
Roof: | Rubber |
Directions: | on Erie in between Brookline and Pearl |
Foundation Details: | Stone |
Postal Code Plus4: | 4027 |
Electric: | 220 Volts, 200+ Amp Service |
Construction Materials: | Frame |
Listing Contract Date: | 2025-04-23 |
Cooling?: | Yes |
Heating?: | Yes |
Lot Size Area: | 0.04 |
Lot Size Square Feet: | 1,624 |
Rooms Total: | 14 |
Bathrooms Total Integer: | 3 |
Basement: | true |
Basement: | Full, Interior Entry, Unfinished |
Building Area Source: | Public Records |
Building Area Total: | 3,087 |
Community Features: | Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University |
Exterior Features: | Garden |
Fencing: | Fenced |
Interior Features: | Stone/Granite/Solid Counters, Living Room, Kitchen, Family Room |
Levels: | 6 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 3 |
Open Parking?: | Yes |
Parcel Number: | M:00094 L:00011, 403856 |
Rent Includes: | Unit 1(Water), Unit 2(Water), Unit 3(Water) |
Road Frontage Type: | Public |
Sewer: | Public Sewer |
Zoning: | SD-9 |
Stories Total: | 6 |
Year Built Source: | Public Records |
Disclosures: | Rents could be higher! |
Farm Land Area Units: | Square Feet |
Gross Income: | $117,600 |
Listing Agreement: | Exclusive Right To Sell |
Apod Available: | No |
Certificate Number: | 000000000027636 |
Color: | yellow |
Cooling Units: | 1 |
Mh:Cooling Zones, Cc:Cooling Zones, Mf:Cooling Zones, Sf:Cooling Zones: | 1 |
Disclosure: | No |
Dpr Flag: | No |
Flrs 1: | 1 |
Flrs 2: | 2 |
Flrs 3: | 3 |
Heat Units: | 3 |
Heat Zones: | 3 |
Lead Paint: | Unknown |
Lease 1: | Yes |
Lease 2: | Yes |
Levels 1: | 1 |
Levels 2: | 1 |
Levels 3: | 1 |
Listing Alert: | No |
List Price Per Sqft: | $743.44 |
Page: | 190 |
Price Per Sqft: | $743.44 |
Square Feet Incl Base: | No |
Year Round: | Yes |
Net Operating Income: | $117,600 |
Original List Price: | $2,295,000 |
Tax Assessed Value: | $1,549,300 |
Tax Year: | 2025 |
Total Actual Rent: | $10,000 |
Year Built Details: | Actual |
Waterview Flag: | No |
Bedrms 1: | 2 |
Bedrms 2: | 3 |
Bedrms 3: | 3 |
F Bths 1: | 1 |
F Bths 2: | 1 |
F Bths 3: | 1 |
Hot Water: | Natural Gas |
Rent1: | 3,100 |
Rent2: | 3,200 |
Rent3: | 3,500 |
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on April 30, 2025 01:29 AM
Property Last Updated: April 27, 2025 03:08 AM
Listing Courtesy of: RE/MAX Real Estate Center
Listing Agent: David Lilley
617-290-5868