588-590 Cambridge St, Boston, MA 02134
Suffolk County
Key Facts
Description
The property consists of five 1-bedroom apartments and one 2-bedroom apartment, located steps from the Green Line, major universities, and local dining. All units are separately metered for heat, hot water, and electricity, keeping landlord operating expenses low. The property includes four dedicated off-street parking spaces in the rear—a high-value premium in this neighborhood. There is significant upside potential to align rents with current market rates: four leases expire August 31, 2026, one unit is a tenant-at-will, and one unit is leased through July 31, 2027. This asset offers immediate cash flow with plenty of upside through strategic lease renewals and improved management efficiencies. A premier investment opportunity in a core Boston submarket. Email agent for the full financial breakdown. The property features a proven rental history with long-term occupancy and minimal vacancy.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1930
Stories
5
Living Area
5,345 sq ft
Lot Size
0.19 acres
Parking Spaces
6
Zoning
R4
Days on Market
80
MLS® Listing#
73508554
Property Features
Exterior
Appliances
Heating
Flooring
Basement
Parking
Patio
Lot Features
Construction
Foundation
Roof
Windows
Community
Sewer
Water Source
Financial Details
Annual Taxes
$14,886
Tax year 2026
Assessed Value
$120,500
Parcel Number
W:21 P:01222 S:000
Directions
Near intersection of Cambridge and Gordon Streets
Affordability Calculator
$440,000
Estimated monthly payment
$11,709/mo
Principal $1,760,000 · Est. interest $2,455,357 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Boston, MA
- $962,992
- Median Listing Price
- 55
- Median Days on Market
- 1,279
- Median Sq Ft
- $824
- Median Price / Sq Ft
- 1,920
- Active Listings
- This home’s price is 128% above the area median.
- Its price per sq ft is 50% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Boston, MA.
Location
Points of Interest in Boston, MA
Showing the Boston area map.
Nearby Schools
Saint Joseph Preparatory High School
Secondary · 0.1 mi away
Kennedy Day
School · 0.2 mi away
Beacon Childcare
School · 0.2 mi away
Boston Green Academy
School · 0.3 mi away
Brighton High School
Secondary · 0.3 mi away
Saint Herman of Alaska Christian School
School · 0.5 mi away
Mesivta High School
Secondary · 0.5 mi away
Our Future Learning Center
School · 0.6 mi away
German International School of Boston
Secondary · 0.6 mi away
Shaloh House
School · 0.7 mi away
Bay Cove Academy
School · 0.7 mi away
Winship Elementary School
Elementary · 0.8 mi away
Michael Driscoll School
Elementary · 0.9 mi away
Torah Academy
School · 0.9 mi away
Russian School of Mathematics
School · 0.9 mi away
Florida Ruffin Ridley School
Elementary · 1.0 mi away
Corner Co-OP Nursery School
School · 1.0 mi away
Match Charter Public School
Secondary · 1.0 mi away
Mary Lyon School
Elementary · 1.0 mi away
Thomas Edison K8 School
Elementary · 1.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 48 Nonantum, Boston, MA | $1,549,000 | 7 | 3 | 2,873 |
| 177 Chestnut Avenue, Boston, MA | $1,549,000 | 9 | 3 | 3,144 |
| 10 Auckland Street, Boston, MA | $1,549,499 | 6 | 3 | 4,157 |
| 35 Ellington St, Boston, MA | $1,550,000 | 12 | 6 | 6,381 |
| 77-79 Wensley St, Boston, MA | $1,550,000 | 6 | 4 | 2,288 |
| 472 Warren, Boston, MA | $1,555,000 | 15 | 3 | 5,718 |
Moving Cost Estimate
EXIT Agents in Boston
Listing Courtesy: RE/MAX Select Realty - 6177879800
Presented by: Kevin Cleary