Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Active

243 Columbia, Cambridge MA 02139

$4,395,000

Estimated $8,844/month Calculator

Multi Family

Total Units: 9

Price Per Unit: $488,333.33

Total Rent: 70500/year

Estimated CAP Rate:

18 Bedrooms

Baths

8460

Total Parking: 0

4,112 (0.09)

239-243 Columbia Street is a three-story multifamily investment property located in the Port neighborhood of Cambridge. The building is fully occupied and includes nine (2) 2BR units with eat-in kitchens, and living rooms. The six (6) upper floor apartments include a 3rd room (office or small bedroom). Excellent opportunity to acquire a very well-located asset with existing cash flow and future value add potential. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFO

This home has been viewed 8 times

Last Checked: July 27th, 2026 at 7:39pm (Source: MLS PIN #73555226)

Gross Income: $70,500

Gross Expenses: $76,960

Net Income Calc: $6,460

Annual Expenses for 243 Columbia, Cambridge MA 02139

Total Gross Expenses (Calculated)$76,960/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax20613

Annual Income & Unit Breakdown for 243 Columbia, Cambridge MA 02139

Total Gross Income (Calculated)$70,500

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 243 Columbia, Cambridge MA 02139

Listing ID73555226

Property TypeMulti Family / 5+ Family

Price4395000 ($519.5/SqFt)

Style5-9 Family

CityCambridge

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total8460

Approximate Lot Size (Acres)0.09

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningC-1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 243 Columbia, Cambridge MA 02139

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsElectric Fireplace

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 243 Columbia, Cambridge MA 02139

Real Estate Taxes20613

Tax Year2025

Assessed Value$3,246,200

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 243 Columbia, Cambridge MA 02139

Neighborhood(s)

Area Amenities

Contact Information for 243 Columbia, Cambridge MA 02139

Agent

Name: Carl Christie

Office

Name: Carl Christie

Phone: 617-942-1137

Payment Calculator

, Interest

Property Taxes 1717.75

Principal & Interest 27080.59

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Carl Christie

Agent Phone

Office Phone

(617) 942-1137

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.09 acres (4,112 SqFt)
    [add_date] => 2026-07-27 19:39:47
    [address] => Columbia
    [agent] => Array
        (
            [address] => 66 Ocean Street
            [city] => Nahant
            [id] => CN238517
            [name] => Carl Christie
            [national_association] => 
            [office] => AN6071
            [state] => MA
            [zip] => 01908
        )

[apod_available] => Array
        (
            [0] => Yes
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 8460
    [approx_lot_size_acres] => 0.09
    [approx_lot_size_sqft] => 4112
    [assessed_value] => $3,246,200
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 18
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 5+ Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Cambridge
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Middlesex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => 239-243 Columbia Street is a three-story multifamily investment property located in the Port neighborhood of Cambridge.  The building is fully occupied and includes nine (2) 2BR units with eat-in kitchens, and living rooms.  The six (6) upper floor apartments include a 3rd room (office or small bedroom).  Excellent opportunity to acquire a very well-located asset with existing cash flow and future value add potential.  PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFO
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Electric Fireplace
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-07-27 19:39:47
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
            [0] => None
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 3
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73555226
    [neighborhoods] => 
    [net_income_calc] => -6460
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 9
    [office] => Array
        (
            [id] => AN6071
            [name] => Carl Christie
            [phone] => 617-942-1137
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 4395000
    [price_per_sqft] => 519.5
    [price_per_unit] => 488333.33333333
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 5-9 Family
        )

[real_estate_tax] => 20613
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 33
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 243
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 1
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2025
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 76960
    [total_gross_income] => 70500
    [total_parking] => 0
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 3
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 243 Columbia, Cambridge MA 02139
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
        )

[year_built] => 1900
    [year_built_details] => Approximate
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 02139
    [zips] => 
    [zoning] => C-1
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/807866/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73555226&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73555226&w=1024&h=768&n=3
            [3] => https://media.mlspin.com/photo.aspx?mls=73555226&w=1024&h=768&n=4
            [4] => https://media.mlspin.com/photo.aspx?mls=73555226&w=1024&h=768&n=5
            [5] => https://media.mlspin.com/photo.aspx?mls=73555226&w=1024&h=768&n=6
            [6] => https://media.mlspin.com/photo.aspx?mls=73555226&w=1024&h=768&n=7
            [7] => https://media.mlspin.com/photo.aspx?mls=73555226&w=1024&h=768&n=8
            [8] => https://media.mlspin.com/photo.aspx?mls=73555226&w=1024&h=768&n=9
            [9] => https://media.mlspin.com/photo.aspx?mls=73555226&w=1024&h=768&n=10
            [10] => https://media.mlspin.com/photo.aspx?mls=73555226&w=1024&h=768&n=11
            [11] => https://media.mlspin.com/photo.aspx?mls=73555226&w=1024&h=768&n=12
            [12] => https://media.mlspin.com/photo.aspx?mls=73555226&w=1024&h=768&n=13
        )

[raw] => 
)

EXIT

11 More Photos

Active

243 Columbia, Cambridge MA 02139

$4,395,000

Annual Expenses for 243 Columbia, Cambridge MA 02139

Annual Income & Unit Breakdown for 243 Columbia, Cambridge MA 02139

General Information for 243 Columbia, Cambridge MA 02139

Disclosures for 243 Columbia, Cambridge MA 02139

Financial Information for 243 Columbia, Cambridge MA 02139

Location Information for 243 Columbia, Cambridge MA 02139

Contact Information for 243 Columbia, Cambridge MA 02139

Agent

Office

Payment Calculator

Exclusive Listing Agent

Carl Christie

Carl Christie