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    31 Tremont St Cambridge, MA 02139

    For Sale
    $6,500,000

    Eight-family property near Inman and Central Square, Cambridge.

    Lot size:
    0.11 Acres

    Property Features for 31 Tremont St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1902

    Source: Coldwell Banker Realty - Cambridge Agent Nathan Long

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cambridge Eight-Family Investment Opportunity

    An exceptional opportunity presents itself with this eight-family property located between Inman Square and Central Square. The offering includes two detached buildings: a six-family home and a two-family home, each with separate entrances and situated on a corner lot. This setup provides various residential options, including multi-generational living, owner-occupancy with rental income potential, or continued use as eight rental dwellings. The property has been professionally managed. A shared basement includes common laundry facilities. The building at 31 Tremont St contains six units, with two units on each story. The building at 4 Gardner Rd features two units, with the upper unit spanning two levels of living. Both buildings are assessed for taxes together. Interactive interior floorplans and a 3D tour are available.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0989723
    Latitude
    42.3704149

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    FAQs

    What type of property is this?
    Apartment building - Eight-family property near Inman and Central Square, Cambridge.
    Where is this apartment building located?
    The property is located at 31 Tremont St Cambridge, MA.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - Eight-family property package: Two buildings (six-family and two-family) on a corner lot.; - Prime location: Situated between Inman Square and Central Square.; - Multiple residential options: Suited for multi-generational living, owner occupancy with rental income, or continued rental use.
    (617) 821-5889
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31 Tremont St Cambridge, MA 02139
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