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7 Beds
6 Baths
5,345 sqft

$2,200,000

588-590 Cambridge St, Boston MA, 02134

Price per sqft$411.60
Built in1930
Property size5,345 sqft
Property typeMulti-family

Overview

Pending

Under Agreement

Listed Apr 28, 2026

Updated 3 weeks ago

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.

$14,637/mo

Est. mortgage payment based on a $2,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73508554

Interior Features

Bedrooms
7
Bathrooms
6
Fireplace
Yes
Basement
Yes

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Taxes
$14,886
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Kevin Cleary with RE/MAX Select Realty

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Data last updated 2:47 AM UTC, 8/30/2026

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