Rarely available three-Family opportunity located a stones throw to both Inman and Central Square, this property offers a prime opportunity for an investor, developer, or owner-occupant a total of six bedrooms and three full bathrooms across three separate residential units. A full unfinished basement provides substantial storage and potential for future improvements, subject to all necessary approvals. Additional highlights include a larger sized backyard and four off-street parking spaces—valuable amenities in a central Cambridge location. Situated near Central Square, Inman Square, Kendall Square, MIT, public transportation, restaurants, cafés, shopping, parks, and neighborhood services, walk to everything! The property offers the flexibility to continue as an income-producing investment, renovate and increase value, or occupy one unit while collecting rental income from the others. First floor apartment has been renovated.
This home has been viewed 12 times
Last Checked: July 30th, 2026 at 5:13am (Source: MLS PIN #73550009)
Gross Income: $0
Gross Expenses: $10,669
Net Income Calc: $10,669
Annual Expenses for 38 Tremont St, Cambridge MA 02139
Total Gross Expenses (Calculated)$10,669/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10669
Annual Income & Unit Breakdown for 38 Tremont St, Cambridge MA 02139
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 38 Tremont St, Cambridge MA 02139
Listing ID73550009
Property TypeMulti Family / 3 Family
Price1895000 ($627.9/SqFt)
Style3 Family - 3 Units Up/down
CityCambridge
CountyMiddlesex
MLS AreaMid Cambridge
Neighborhood(s)
Approximate Living Area Total3018
Approximate Lot Size (Acres)0.06
Total Parking4
Garage Parking0
Year Built1873
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Area0
Foundation Description
Accessible Features
Outdoor Space
ZoningC-1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 38 Tremont St, Cambridge MA 02139
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTv In Family Room. Kitchen Island Bar Stools And Table Set Excluded But Sellers Will Entertain Set.
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 38 Tremont St, Cambridge MA 02139
Real Estate Taxes10669
Tax Year2025
Assessed Value$1,680,100
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 38 Tremont St, Cambridge MA 02139
Neighborhood(s)
MLS AreaMid Cambridge
Area AmenitiesWalk/jog Trails
Contact Information for 38 Tremont St, Cambridge MA 02139