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INVESTMENT SNAPSHOT
About this property
**VACANT** 3 Palermo Street is a three-unit investment property that was fully renovated in 2018 and is located in a very desirable street between Inman and Kendall Squares. The building is entirely comprised of 3-bedroom/1-bath units featuring custom cabinetry, granite counters, stainless steel appliances, hardwood flooring, central air, and tiled bathrooms. Conveniently located near MIT, Kendall Square, Cambridge Crossing, and MBTA Red & Green Line Stations. Unique opportunity for an investor to acquire a vacant building in one of the strongest rental markets in the Boston area.
Property details
| Units | 3 |
| Living area | 2,814 sqft |
| Lot size | 1,470 sqft |
| Year built | 1903 |
| Price / sqft | $739 |
| County | Middlesex |
| MLS # | 73577239 |
Listing status
| Days on market | 0 days |
| Listed on | September 15, 2026 |
Taxes & financials
| Annual property tax | $10,533 |
| Tax year | 2026 |
| Assessed value | $1,579,200 |
| Zoning | C1 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.03 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Unfinished |
| Foundation | Stone, Brick/Mortar |
| Roof | Rubber |
| Construction | Frame |
| Flooring | Wood, Tile, Hardwood |
Utilities & systems
| Cooling | Central Air |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Dishwasher, Microwave, Refrigerator |
Location
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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 3 Palermo Street, Cambridge MA 02141 have?
It is a 3-unit multi-family property with 2,814 sqft of living area, built in 1903.
How long has 3 Palermo Street, Cambridge MA 02141 been on the market?
3 Palermo Street, Cambridge MA 02141 has been listed for 0 days (since September 15, 2026).
What is the price per unit?
At a list price of $2,080,000 across 3 units, that works out to roughly $693,333 per unit.
What are the property taxes on 3 Palermo Street, Cambridge MA 02141?
Annual property taxes are $10,533 (2026), on an assessed value of $1,579,200.
What is the price per square foot?
At $2,080,000 for 2,814 sqft, that's about $739 per square foot.
Where is this property located?
3 Palermo Street, Cambridge MA 02141 is in Cambridge, Middlesex County, MA 02141.
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