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INVESTMENT SNAPSHOT
About this property
A rare opportunity to own a Grand Victorian in a prime mid-Cambridge location offering exceptional income potential. The beautifully restored main residence blends historic elements with updated designer finishes. Highlights include an elegant foyer, fireplaced living room, and a renovated kitchen with island seating that opens into the dining area with inlay floors and diamond-pattern windows. The upper two floors offer six flexible rooms, including four ensuite bedrooms and laundry. A fully equipped and furnished lower-level in-law suite with interior and exterior access adds further flexibility, while a fenced yard provides private outdoor space. The main residence itself is delivered unfurnished, offering a blank canvas for its next owner. The attached Carriage House features two furnished loft-style apartments, plus two additional furnished in-law units—bringing the total to 10+ bedrooms and 9.5 bathrooms all with storage and ample natural light. Paved driveway for three cars!
Property details
| Units | 3 |
| Living area | 5,933 sqft |
| Lot size | 5,750 sqft |
| Year built | 1892 |
| Price / sqft | $758 |
| County | Middlesex |
| MLS # | 73487058 |
Taxes & financials
| Annual property tax | $28,180 |
| Tax year | 2026 |
| Assessed value | $4,225,000 |
| Zoning | C-1 |
| Gross income (actual) | $0/yr |
| Net operating income (actual) | $0/yr |
| Total actual rent | $23,475/mo |
Building & lot
| Stories | 10 |
| Total rooms | 21 |
| Lot size | 0.13 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Off Street |
| Basement | Full, Finished, Walk-Out Access, Interior Entry |
| Foundation | Concrete Perimeter, Stone, Slab |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile, Vinyl, Hardwood, Stone/Ceramic Tile, Carpet |
Utilities & systems
| Heating | Central, Forced Air, Natural Gas, Electric, Wall Unit |
| Cooling | Central Air, Wall Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit |
| Appliances | Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood |
Location
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Listing courtesy of Hawthorn Properties — Rob and Meaghan. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 1531 Cambridge Street, Cambridge MA 02139 have?
It is a 3-unit multi-family property with 5,933 sqft of living area, built in 1892.
What is the estimated cap rate on this 3-family in Cambridge?
Based on area median rents, the estimated cap rate is about 1.8%, with a Signal Score of 43/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $4,495,000 across 3 units, that works out to roughly $1,498,333 per unit.
What are the property taxes on 1531 Cambridge Street, Cambridge MA 02139?
Annual property taxes are $28,180 (2026), on an assessed value of $4,225,000.
What is the price per square foot?
At $4,495,000 for 5,933 sqft, that's about $758 per square foot.
Is there parking?
4 total parking spaces (off street).
Where is this property located?
1531 Cambridge Street, Cambridge MA 02139 is in Cambridge, Middlesex County, MA 02139.
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