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    131 Erie St Cambridge, MA 02139

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    For Sale
    $2,295,000

    Vacant three-family property in Cambridgeport, near universities and public transit.

    Lot size:
    0.04 Acres

    Property Features for 131 Erie St

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1903

    Source: RE/MAX Real Estate Center Agent David Lilley

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

    Overview

    Cambridgeport Vacant Three-Family Property

    Located on a tree-lined street in Cambridgeport, this vacant three-family property is situated between Harvard, MIT, BU, and Central Square. It is also near the Charles River, shops, cafes, and public transit. The property is suitable for condo conversion, multi-generational living, or investment purposes. The first-floor unit features two bedrooms and exclusive use of basement space. The second-floor unit has three bedrooms and heat pumps. The third-floor unit includes two bedrooms plus a study, central air, in-unit laundry, and a new bathroom. All units have one bathroom and separate utilities. The property is well-maintained and offers potential for expansion into the unfinished basement. Floorplans are available. This property is located in a walkable neighborhood.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -71.106346
    Latitude
    42.3593792

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    FAQs

    What type of property is this?
    Triplex - Vacant three-family property in Cambridgeport, near universities and public transit.
    Where is this triplex located?
    The property is located at 131 Erie St Cambridge, MA.
    What is the asking price?
    The asking price for this property is $2,295,000.
    What are key features of this property?
    This property features: - Prime Cambridgeport location, walkable to Harvard, MIT, BU, and Central Square.; - Vacant 3-family property, a great opportunity for condo conversion, multi-generational living, or investment.; - Each unit has separate utilities.
    (617) 290-5868
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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
    131 Erie St Cambridge, MA 02139
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