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INVESTMENT SNAPSHOT
About this property
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
Property details
| Units | 9 |
| Living area | 8,460 sqft |
| Lot size | 4,112 sqft |
| Year built | 1900 |
| Price / sqft | $520 |
| County | Middlesex |
| MLS # | 73555226 |
Listing status
| Days on market | 4 days |
| Listed on | July 27, 2026 |
Taxes & financials
| Annual property tax | $20,613 |
| Tax year | 2025 |
| Assessed value | $3,246,200 |
| Zoning | C-1 |
| Gross income (actual) | $324,000/yr |
| Net operating income (actual) | $243,111/yr |
| Total actual rent | $26,650/mo |
| Electric expense | $1,799/yr |
| Insurance expense | $14,943/yr |
Building & lot
| Stories | 3 |
| Total rooms | 33 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Partially Finished |
| Foundation | Concrete Perimeter |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Cambridge →
Listing courtesy of a MLS PIN member office. 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 243 Columbia, Cambridge MA 02139 have?
It is a 9-unit multi-family property with 8,460 sqft of living area, built in 1900.
How long has 243 Columbia, Cambridge MA 02139 been on the market?
243 Columbia, Cambridge MA 02139 has been listed for 4 days (since July 27, 2026).
What is the price per unit?
At a list price of $4,395,000 across 9 units, that works out to roughly $488,333 per unit.
What are the property taxes on 243 Columbia, Cambridge MA 02139?
Annual property taxes are $20,613 (2025), on an assessed value of $3,246,200.
What is the price per square foot?
At $4,395,000 for 8,460 sqft, that's about $520 per square foot.
Where is this property located?
243 Columbia, Cambridge MA 02139 is in Cambridge, Middlesex County, MA 02139.
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