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3-Unit Triplex

211 Hurley St, Cambridge, MA 02141

For Sale
$1,050,000
Pending

This three-story residential property is offered as-is in East Cambridge.

Property Size1,873 SF
Days on Market13

Property Features for 211 Hurley St

General Information

Standard status Pending
Size 1,873 SF
Property subtype 3 Family - 3 Units Up/Down
Lease Term Listing ID: 73596580, Standard Status: Active Under Contract, MLS Status: Contingent, Property Subtype: 3 Family - 3 Units Up/Down

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Building Details

Building Size 1,873 SF
Year Built 1873
Stories 3
Listing Agency: Berkshire Hathaway HomeServices Commonwealth Real Estate
Listed By: Chip Sulser
Source: Iverty
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 5:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Commonwealth Real Estate

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Investment Insights

Based on property information with market context.

Located in East Cambridge, this three-story, three-family property contains 1,869 square feet and was built in 1873. It is being sold as-is.

Kendall Square and MIT are nearby, along with the Red Line and Lechmere Green Line stations. The property is also close to neighborhood parks, schools, eateries, and shops, with access to major highway routes.

Key Highlights

  • Three‑story building configured as a three‑family property
  • 1,869 square feet
  • Built in 1873

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,882
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,640 $937.6K
Cap Rate 7%
$669,743 $669.7K
Cap Rate 9%
$520,911 $520.9K
Market Conditions
NOI Build-Up for 1,869 SF
Gross rent
$70.6K $37.80/SF
− Vacancy
−$3.7K −$1.97/SF
EGI
$67.0K $35.83/SF
− OpEx
−$20.1K −$10.75/SF
NOI
$46.9K $25.08/SF
Area
Cambridge, MA
Vacancy
5.20%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,640
Cap Rate 7%
$669,743
Cap Rate 9%
$520,911

Alternative Uses

Best Use
Multifamily LT 5
$669.7K
$586.0K – $781.4K (±1% cap)
NOI $46,882 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$625.9K
$547.7K – $730.3K (±1% cap)
NOI $43,815 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,864 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,763
Businesses Nearby

Demographics for 02141, MA

15,130
Population
8,128
Households
1.9
Avg Household Size
32
Median Age
74%
College-Educated
94%
High-School Grad
0.6 sq mi
ZIP Area
25,217
Density / Sq Mi
$120,542
Median Household Income
$73,002
Median Earnings
$2,752
Median Rent
$892,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Middlesex County, MA

$419 Jul
$418 Aug
$459 Sep
$454 Oct

Properties on Market for Triplexes in Middlesex County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - This three-story residential property is offered as-is in East Cambridge.
Where is this triplex located?
The property is located at 211 Hurley St Cambridge, MA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Three‑story building configured as a three‑family property; 1,869 square feet; Built in 1873
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