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1531 Cambridge Street, Cambridge MA 02139

$4,495,000

Estimated $9,637/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $1,498,333.33

Total Rent: 221700/year

Estimated CAP Rate:

11 Bedrooms

Baths

5933

Total Parking: 4

5,750 (0.13)

A rare opportunity to own a Grand Victorian in a prime mid-Cambridge location offering exceptional income potential. The beautifully restored main residence blends historic elements with updated designer finishes. Highlights include an elegant foyer, fireplaced living room, and a renovated kitchen with island seating that opens into the dining area with inlay floors and diamond-pattern windows. The upper two floors offer six flexible rooms, including four ensuite bedrooms and laundry. A fully equipped and furnished lower-level in-law suite with interior and exterior access adds further flexibility, while a fenced yard provides private outdoor space. The main residence itself is delivered unfurnished, offering a blank canvas for its next owner. The attached Carriage House features two furnished loft-style apartments, plus two additional furnished in-law units—bringing the total to 10+ bedrooms and 9.5 bathrooms all with storage and ample natural light. Paved driveway for three cars!

This home has been viewed 12 times

Last Checked: March 17th, 2026 at 6:18am (Source: MLS PIN #73487058)

Gross Income: $221,700

Gross Expenses: $28,180

Net Income Calc: $193,520

Annual Expenses for 1531 Cambridge Street, Cambridge MA 02139

Total Gross Expenses (Calculated)$28,180/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax28180

Annual Income & Unit Breakdown for 1531 Cambridge Street, Cambridge MA 02139

Total Gross Income (Calculated)$221,700

Unit 1

Rental Income$0

LeaseY

Bedrooms7

Bathrooms5 Full, 1 Half

Floor1

Levels in Unit4

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit3

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit3

Rent IncludesHeat

General Information for 1531 Cambridge Street, Cambridge MA 02139

Listing ID73487058

Property TypeMulti Family / 3 Family

Price4495000 ($757.63/SqFt)

Style3 Family

CityCambridge

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total5933

Approximate Lot Size (Acres)0.13

Total Parking4

Garage Parking0

Year Built1892

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningC-1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 1531 Cambridge Street, Cambridge MA 02139

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceOwner

ExclusionsWasher And Dryer Are Not Included

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 1531 Cambridge Street, Cambridge MA 02139

Real Estate Taxes28180

Tax Year2026

Assessed Value$4,225,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 1531 Cambridge Street, Cambridge MA 02139

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 1531 Cambridge Street, Cambridge MA 02139

Agent

Name: Rob and Meaghan

Office

Name: Hawthorn Properties

Phone: 617-840-3463

Payment Calculator

, Interest

Property Taxes 2348.33

Principal & Interest 27696.76

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Hawthorn Properties

Rob and Meaghan

Agent Phone

Office Phone

(617) 840-3463

Text Agent Call Agent Call Office

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EXIT

35 More Photos

Active

1531 Cambridge Street, Cambridge MA 02139

$4,495,000

Annual Expenses for 1531 Cambridge Street, Cambridge MA 02139

Annual Income & Unit Breakdown for 1531 Cambridge Street, Cambridge MA 02139

General Information for 1531 Cambridge Street, Cambridge MA 02139

Disclosures for 1531 Cambridge Street, Cambridge MA 02139

Financial Information for 1531 Cambridge Street, Cambridge MA 02139

Location Information for 1531 Cambridge Street, Cambridge MA 02139

Contact Information for 1531 Cambridge Street, Cambridge MA 02139

Agent

Office

Payment Calculator

Exclusive Listing Agent

Hawthorn Properties

Rob and Meaghan