Three-Unit Residential
72 Eustis Street, Cambridge, MA 02140
For Sale
$2,080,000
Updated residential investment property with basement laundry and off-street parking.
Property Size3,068 SF
Days on Market61
Property Features for 72 Eustis Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
coin-op laundry
Building Details
Building Size
Year Built
Listing Agency:
Leading Edge Real Estate
Listed By:
Melanie Lentini · License MA #448510392
(781) 526-8070
Source:
Madelyngarciarealestate
Added: Sep 15
Changed: Nov 6
Last Checked: Nov 12 at 5:19PM
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 Leading Edge Real Estate
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Investment Insights
Based on property information with market context.
Located at 72 Eustis Street in Cambridge, this 3,068-square-foot triplex was built in 1964 and contains three residential units with six bedrooms and three baths. The units are described as updated and well maintained, with one de-leaded unit included in the property. One off-street parking space adds convenience, while the basement provides a coin-operated washing machine and dryer.
The property is in Cambridge’s Baldwin/Agassiz neighborhood, between Harvard Square and Porter Square. Restaurants, cafes, shops, universities, parks, and public transportation are nearby, with access to the Red Line as well as Inman Square, Central Square, MIT, and Boston. The property has not been offered for sale in over 45 years.
The property is in Cambridge’s Baldwin/Agassiz neighborhood, between Harvard Square and Porter Square. Restaurants, cafes, shops, universities, parks, and public transportation are nearby, with access to the Red Line as well as Inman Square, Central Square, MIT, and Boston. The property has not been offered for sale in over 45 years.
Key Highlights
- Three residential units with six bedrooms and three baths
- 3,068‑square‑foot triplex built in 1964
- One off‑street parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,958
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,539,160
$1.5M
Cap Rate 7%
$1,099,400
$1.1M
Cap Rate 9%
$855,089
$855.1K
Market Conditions
NOI Build-Up for 3,068 SF
Gross rent
$116.0K $37.80/SF
− Vacancy
−$6.0K −$1.97/SF
EGI
$109.9K $35.83/SF
− OpEx
−$33.0K −$10.75/SF
NOI
$77.0K $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%
$1,539,160
Cap Rate 7%
$1,099,400
Cap Rate 9%
$855,089
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$962.0K – $1.28M
NOI $76,958 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$1.03M
$899.1K – $1.20M
NOI $71,924 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$2.37M
$2.07M – $2.76M
NOI $165,570 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,802
Businesses Nearby
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Business Placement
Demographics for 02140, MA
21,447
Population
11,117
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
95%
High-School Grad
1.2 sq mi
ZIP Area
17,873
Density / Sq Mi
$136,382
Median Household Income
$77,506
Median Earnings
$2,581
Median Rent
$1,070,200
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Middlesex County, MA
Properties on Market for Triplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Updated residential investment property with basement laundry and off-street parking.
Where is this triplex located?
The property is located at 72 Eustis Street Cambridge, MA.
What is the asking price?
The asking price for this property is $2,080,000.
What are key features of this property?
This property features: Three residential units with six bedrooms and three baths; 3,068‑square‑foot triplex built in 1964; One off‑street parking space
