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316-318 Concorde Ave, Cambridge MA 02138

Active

316-318 Concorde Ave, Cambridge MA 02138

$2,499,000

Estimated $5,684/month Calculator

Multi Family

Total Units: 23

Price Per Unit: $108,652.17

Total Rent: 72000/year

Estimated CAP Rate:

7 Bedrooms

Baths

3883

Total Parking: 2

4,500 (0.10)

Rare opportunity to own a fully renovated luxury two-family in a prime Cambridge location near Fresh Pond. This turnkey property offers an exceptional blend of modern design, functionality, and income potential in one of the city’s most desirable neighborhoods. Both residences feature thoughtfully designed open-concept layouts, sleek kitchens with quartz countertops and stainless steel appliances, updated bathrooms, generous natural light, and well-proportioned living spaces finished with a clean, contemporary feel. Unit 1 is leased through 8/31/2027 at $6,000/month, providing immediate rental income, while Unit 2 offers flexibility for an owner-occupant, multigenerational living, or additional income potential. Additional highlights include private outdoor space, off-street parking, and updated systems. Ideally located near Fresh Pond, shopping, dining, public transportation, and with easy access to Harvard Square and major routes.

This home has been viewed 11 times

Last Checked: June 26th, 2026 at 8:13pm (Source: MLS PIN #73541948)

Gross Income: $72,000

Gross Expenses: $19,583

Net Income Calc: $52,417

Annual Expenses for 316-318 Concorde Ave, Cambridge MA 02138

Total Gross Expenses (Calculated)$19,583/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax19583

Annual Income & Unit Breakdown for 316-318 Concorde Ave, Cambridge MA 02138

Total Gross Income (Calculated)$72,000

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms3 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms3 Full, 1 Half

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 316-318 Concorde Ave, Cambridge MA 02138

Listing ID73541948

Property TypeMulti Family

Price2499000 ($643.57/SqFt)

StyleMulti Family

CityCambridge

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3883

Approximate Lot Size (Acres)0.1

Total Parking2

Garage Parking0

Year Built1913

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 316-318 Concorde Ave, Cambridge MA 02138

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceOther

ExclusionsTv On The Deck And Garage Tv

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 316-318 Concorde Ave, Cambridge MA 02138

Real Estate Taxes19583

Tax Year2025

Assessed Value$3,084,000

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 316-318 Concorde Ave, Cambridge MA 02138

Neighborhood(s)

Area Amenities

Contact Information for 316-318 Concorde Ave, Cambridge MA 02138

Agent

Name: Ismail Guessous

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-266-4430

Payment Calculator

, Interest

Property Taxes 1631.92

Principal & Interest 15398.04

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Ismail Guessous

Agent Phone

Office Phone

(617) 266-4430

Text Agent Call Agent Call Office

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EXIT

36 More Photos

Active

316-318 Concorde Ave, Cambridge MA 02138

$2,499,000

Annual Expenses for 316-318 Concorde Ave, Cambridge MA 02138

Annual Income & Unit Breakdown for 316-318 Concorde Ave, Cambridge MA 02138

General Information for 316-318 Concorde Ave, Cambridge MA 02138

Disclosures for 316-318 Concorde Ave, Cambridge MA 02138

Financial Information for 316-318 Concorde Ave, Cambridge MA 02138

Location Information for 316-318 Concorde Ave, Cambridge MA 02138

Contact Information for 316-318 Concorde Ave, Cambridge MA 02138

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Ismail Guessous