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56-58 Eighth Street, Cambridge MA 02141

$1,350,000

Estimated $2,814/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $675,000

Total Rent: 73200/year

Estimated CAP Rate:

5 Bedrooms

Baths

1944

Total Parking: 0

1,424 (0.03)

Fantastic side by side 2 family home in highly coveted East Cambridge neighborhood. Phenomenal location on corner lot with convenient access to Kendall Square, MIT, Inman Square, and bustling Cambridge Street. Fully leased through August 2027, this property produces an extremely strong rental income stream with longstanding tenants. Both units offer two levels of living, alongside extensive 2013 renovations that include updated bathrooms, kitchens, flooring, and electric. Designated basement areas with individual laundry and abundant storage space. Unit 58, a legal 3 bedroom/1.5 bathroom home, is also equipped with central heating and air conditioning. Complete with a cozy and well maintained back patio, this low-maintenance property delivers an attractive turnkey profile in prime Cambridge location.

This home has been viewed 15 times

Last Checked: October 21st, 2026 at 8:03am (Source: MLS PIN #73587683)

Gross Income: $73,200

Gross Expenses: $7,504

Net Income Calc: $65,696

Annual Expenses for 56-58 Eighth Street, Cambridge MA 02141

Total Gross Expenses (Calculated)$7,504/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7504

Annual Income & Unit Breakdown for 56-58 Eighth Street, Cambridge MA 02141

Total Gross Income (Calculated)$73,200

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

General Information for 56-58 Eighth Street, Cambridge MA 02141

Listing ID73587683

Property TypeMulti Family / 2 Family

Price1350000 ($694.44/SqFt)

Style2 Family - 2 Units Side By Side

CityCambridge

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total1944

Approximate Lot Size (Acres)0.03

Total Parking0

Garage Parking0

Year Built1873

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

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 56-58 Eighth Street, Cambridge MA 02141

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.

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 56-58 Eighth Street, Cambridge MA 02141

Real Estate Taxes7504

Tax Year2026

Assessed Value$1,125,100

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 56-58 Eighth Street, Cambridge MA 02141

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 56-58 Eighth Street, Cambridge MA 02141

Agent

Name: Joshua Drawas

Office

Name: Compass

Phone: 617-206-3333

Payment Calculator

, Interest

Property Taxes 625.33

Principal & Interest 8318.27

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Joshua Drawas

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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EXIT

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