Three-Unit Brick Residential
251 Cambridge Street Boston, MA 02134
251 Cambridge Street, Boston, MA, 02134
$1,780,000
For Sale
$1,780,000
Brick three-family building offered for sale with one recently renovated unit and two tenant-in-place units.
Property Size3,780 SF
Price / SF$470.90
Days on Market90
Property Features for 251 Cambridge Street
General Information
- Standard status
- Active
- Size
- 3,780 SF
- Property subtype
- Multi-family / 3 Family
Building Details
- Year Built
- 1905
Listing agency
City Realty Group
(617) 751-5119
Listed by
Sean Rose · License #9567526
(617) 751-5119
Source
Compass
Added: Apr 24 Updated: Jul 21 at 2:08AM Checked: Jul 22 at 8:30AM
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 City Realty Group
Investment Insights
Based on property information with market context.
Brick three-family residential property offered for sale. The building includes three units, with Unit 3 recently renovated while Units 1 and 2 are described as TAW’s.
The property is positioned in Allston at 251 Cambridge Street. The public remarks note proximity to public transportation, highway access via I-90, and nearby dining and retail.
This offering provides an opportunity to acquire an income-generating multi-family asset with existing tenancy and an identified renovation component in one of the units.
The property is positioned in Allston at 251 Cambridge Street. The public remarks note proximity to public transportation, highway access via I-90, and nearby dining and retail.
This offering provides an opportunity to acquire an income-generating multi-family asset with existing tenancy and an identified renovation component in one of the units.
Key Highlights
- Brick 3‑family building built in 1905
- 3 total bathrooms; includes a partially finished basement
- Roof material: rubber
Local 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 | $142.9k | $37.80 |
| − Vacancy | −$6.4k | −$1.70 |
| EGI | $136.5k | $36.10 |
| − OpEx | −$40.9k | −$10.83 |
| NOI | $95.5k | $25.27 |
3,780 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.36M
$1.19M – $1.59M
NOI $95,518 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $88,800 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$2.83M
$2.48M – $3.30M
NOI $198,132 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Brick three-family building offered for sale with one recently renovated unit and two tenant-in-place units.
Where is this triplex located?
The property is located at 251 Cambridge Street Boston, MA.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: Brick 3‑family building built in 1905; 3 total bathrooms; includes a partially finished basement; Roof material: rubber
