Rehab Multi-Family with Basement
155 Amory St Cambridge, MA 02139
For Sale
$1,399,000
Pending
MULTI_FAMILY - Cambridge, MA
Property Size2,700 SF
Lot Size0.04 Acres
Days on Market97
Property Features for 155 Amory St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
BA
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 6
Standard status
Pending
APN
M:00110 L:00022,405617
Size
2,700 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8729
Building Details
Year built
1910
Floors in Building
3
Number of units
3
Listing Agency:
Keller Williams Elite
(508) 528-1000
Listed By:
Jennifer Hoyt
(508) 695-4545
Added: Apr 24
Changed: Jul 28
Last Checked: Jul 29 at 5:06PM
MLS# 73507306
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-story multi-family is configured as three 2-bedroom, 1-bath units plus a 1-bedroom, 1-bath basement unit. The units are in need of repairs and updates, and the basement unit requires full rehabilitation. The property has three gas and three electric meters and is being sold in as-is condition.
Located in Cambridge near Inman Square, the address provides easy access to Harvard, MIT, Central Square, Harvard Square, and Union Square.
The home is described as a rehab and renovation opportunity, with potential for value-add improvements including buyer verification of any possible fourth level expansion or roof deck.
Located in Cambridge near Inman Square, the address provides easy access to Harvard, MIT, Central Square, Harvard Square, and Union Square.
The home is described as a rehab and renovation opportunity, with potential for value-add improvements including buyer verification of any possible fourth level expansion or roof deck.
Key Highlights
- 3‑story multi‑family with 3 units plus a basement unit (total of 4 units) in Mid‑Cambridge
- Currently configured as three (3) 2‑bed/1‑bath units and one (1) 1‑bed/1‑bath unit
- Year built: 1910
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.1k | $37.80 |
| − Vacancy | −$5.3k | −$1.97 |
| EGI | $96.8k | $35.83 |
| − OpEx | −$29.0k | −$10.75 |
| NOI | $67.7k | $25.08 |
2,700 SF · lease $37.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$967.5K
$846.6K – $1.13M
NOI $67,727 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$904.2K
$791.2K – $1.05M
NOI $63,297 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,710 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Three-story property offers three 2-bed/1-bath units plus a basement 1-bed/1-bath unit, sold as-is for rehab.
Where is this triplex located?
The property is located at 155 Amory St Cambridge, MA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 3‑story multi‑family with 3 units plus a basement unit (total of 4 units) in Mid‑Cambridge; Currently configured as three (3) 2‑bed/1‑bath units and one (1) 1‑bed/1‑bath unit; Year built: 1910
