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    1657 Cambridge St Cambridge, MA 02138

    For Sale
    $3,495,000

    Updated triple-decker in Harvard Square generating over $219K annually.

    Lot size:
    0.07 Acres

    Property Features for 1657 Cambridge St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1903

    Source: Gibson Sotheby's International Realty Agent Susan Condrick

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

    Overview

    Harvard Square Triple-Decker Apartment Building

    This turn-of-the-century triple-decker apartment building combines original features with modern updates in Harvard Square. All units are over 1,300 square feet. Unit 3 is leased through June 2026, and Units 1 and 2 are leased through May 2026, generating over $18,000 per month in rent. Updates include a 2018 third-floor renovation with a new kitchen, two new bathrooms, in-unit laundry, and central air. Additional improvements include a 2021 roof, 2022 windows, refreshed kitchens in Units 1 and 2, stainless steel appliances throughout, bathroom upgrades, and newer hot water heaters. The property features high ceilings, original floors, pocket doors, bay windows, and crown molding. Ample closet space, a functional layout, and large, private rear decks are included. The property produces over $219,000 annually.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -71.1103497
    Latitude
    42.3751142

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    FAQs

    What type of property is this?
    Apartment building - Updated triple-decker in Harvard Square generating over $219K annually.
    Where is this apartment building located?
    The property is located at 1657 Cambridge St Cambridge, MA.
    What is the asking price?
    The asking price for this property is $3,495,000.
    What are key features of this property?
    This property features: - Generates over $219,000 annually in rental income.; - Located in an unbeatable Harvard Square location.; - All units are over 1,300 square feet.
    (617) 842-4600
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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
    1657 Cambridge St Cambridge, MA 02138
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