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1 Jay Street, Cambridge MA 02139

$1,998,000

Estimated $4,047.83/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $666,000

Total Rent: 118800/year

Estimated CAP Rate: 4.89%

6 Bedrooms

4 Full, 1 Half Baths

3,044 SqFt

Total Parking: 0

2,118 SqFt

This 3-UNIT MULTIFAMILY situated in Cambridge's desirable and sought-after Riverside neighborhood offers consistent rental history and a compelling cap rate, making it ideal for investors, owner-occupants, or developers. The flexible layout provides the option for full tenancy or owner occupancy with quality rental income. Unit #1 is a 3BR/2BA split-level unit with a side brick patio area off of the living room. Unit #2 is a bright 2BR/1.5BA on the second floor. Unit #3 on the top floor is a cozy 1BR/1BA with a small balcony off of the kitchen. There is coin-operated laundry and extra storage on the first floor as you enter the building. The property is walking distance of Central Square (MBTA Red Line), MIT, Harvard, Whole Foods, Trader Joe's, the Charles River, and Memorial Drive. Effortless access to Boston renowned hospitals, Kendall Square's tech hub, Downtown Boston's financial district, the Mass Pike (I-90), and Logan Airport adds to the property's exceptional appeal!

This home has been viewed 44 times

Last Checked: December 4th, 2025 at 8:28am (Source: MLS PIN #73450111)

Gross Income: $118,800

Gross Expenses: $21,087

Net Income Calc: $97,713

CAP Rate: 4.89%

Annual Expenses for 1 Jay Street, Cambridge MA 02139

Total Gross Expenses (Calculated)$21,087/year

APOD AvailableYes

Heating$3,326

Electricity$351

Water$3,318

Gas$3,318

Insurance$4,395

Sewer$3,318

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,697

Annual Income & Unit Breakdown for 1 Jay Street, Cambridge MA 02139

Total Gross Income (Calculated)$118,800

Unit 1

Rental Income$3,900

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 3(heat

Unit 2

Rental Income$3,600

LeaseN

Bedrooms2

Bathrooms2 Full, 1 Half

Floor2

Levels in Unit1

HeatingYes

Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 3(heat

Unit 3

Rental Income$2,400

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 3(heat

General Information for 1 Jay Street, Cambridge MA 02139

Listing ID73450111

Property TypeMulti Family / 3 Family

Price$1,998,000 ($656.37/SqFt)

Style3 Family - 3 Units Up/down

CityCambridge

CountyMiddlesex

MLS AreaRiverside

Neighborhood(s)

Approximate Living Area Total3,044 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking0

Garage Parking

Year Built1902

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick

Lot FeaturesCorner Lot

Foundation Area704

Foundation DescriptionStone

Accessible Features

Outdoor SpacePatio, Porch

ZoningBA-3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesScreens, Insulated Windows

Terms

Disclosures for 1 Jay Street, Cambridge MA 02139

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceEstimated, Owner

Total Gross Expenses By Broker$17,955

Total Gross Income By Broker$118,540

Total Net Income By Broker$100,585

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 1 Jay Street, Cambridge MA 02139

Real Estate Taxes$9,697

Tax Year2025

Assessed Value$1,527,100

Financial Data SourceEstimated, Owner

Total Gross Expenses By Broker$17,955

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$118,540

BostonRealEstate.com Gross Income

Total Net Income By Broker$100,585

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.89%

Location Information for 1 Jay Street, Cambridge MA 02139

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaRiverside

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

Contact Information for 1 Jay Street, Cambridge MA 02139

Agent

Name: Christine Dillon

Office

Name: Coldwell Banker Realty - Newton

Phone: 617-969-2447

Payment Calculator

, Interest

Property Taxes 808.08

Principal & Interest 12311.04

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Newton

Christine Dillon

Agent Phone

Office Phone

(617) 969-2447

Text Agent Call Agent Call Office

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1 Jay Street, Cambridge MA 02139

$1,998,000

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Financial Information for 1 Jay Street, Cambridge MA 02139

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Coldwell Banker Realty - Newton

Christine Dillon