Overview Property Details Payment Calculator Walkability

Pending

131 Erie St, Cambridge MA 02139

$2,295,000

Estimated $4,541.16/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $765,000

Total Rent: 117600/year

Estimated CAP Rate: 4.70%

8 Bedrooms

3 Full Baths

3,087 SqFt

Total Parking: 0

1,624 SqFt

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 conversi...

This home has been viewed 12 times

Last Checked: May 7th, 2025 at 4:58am (Source: MLS PIN #73363766)

Gross Income: $117,600

Gross Expenses: $9,838

Net Income Calc: $107,762

CAP Rate: 4.70%

Annual Expenses for 131 Erie St, Cambridge MA 02139

Total Gross Expenses (Calculated)$9,838/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,838

Annual Income & Unit Breakdown for 131 Erie St, Cambridge MA 02139

Total Gross Income (Calculated)$117,600

Unit 1

Rental Income$3,100

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$3,200

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$3,500

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 131 Erie St, Cambridge MA 02139

Listing ID73363766

Property TypeMulti Family / 3 Family

Price$2,295,000 ($743.44/SqFt)

Style3 Family

CityCambridge

CountyMiddlesex

MLS AreaCambridgeport

Neighborhood(s)

Approximate Living Area Total3,087 SqFt

Approximate Lot Size (Acres)0.04 acres

Total Parking0

Garage Parking

Year Built1903

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningSD-9

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 131 Erie St, Cambridge MA 02139

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$117,600

Total Net Income By Broker$117,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 131 Erie St, Cambridge MA 02139

Real Estate Taxes$9,838

Tax Year2025

Assessed Value$1,549,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$117,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$117,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.70%

Location Information for 131 Erie St, Cambridge MA 02139

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaCambridgeport

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Bike Path, Public Transportation, T-station, Pool, Private School, University

Contact Information for 131 Erie St, Cambridge MA 02139

Agent

Name: David Lilley

MLS ID: BB301030

Office ID: AN8908

National Association ID: 449501842

Address: 44 Clover Street

City: Belmont

State: MA

Zip: 02478

Office

Name: RE/MAX Real Estate Center

MLS Office ID: AN8908

Phone: 617-576-3800

Payment Calculator

$14,960.89 per month

30 Years Fixed, 6.75% Interest

Property Taxes $819.83

Principal & Interest $14,141.06

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Real Estate Center

David Lilley

Agent Phone

Office Phone

(617) 576-3800

Text Agent Call Agent Call Office

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EXIT

Pending

131 Erie St, Cambridge MA 02139

$2,295,000

Annual Expenses for 131 Erie St, Cambridge MA 02139

Annual Income & Unit Breakdown for 131 Erie St, Cambridge MA 02139

General Information for 131 Erie St, Cambridge MA 02139

Disclosures for 131 Erie St, Cambridge MA 02139

Financial Information for 131 Erie St, Cambridge MA 02139

Location Information for 131 Erie St, Cambridge MA 02139

Contact Information for 131 Erie St, Cambridge MA 02139

Agent

Office

Payment Calculator

Exclusive Listing Agent

RE/MAX Real Estate Center

David Lilley