Three-Unit Residential
For Sale
$2,080,000
72 Eustis Street, Cambridge, MA 02140
Updated residential investment property with basement laundry and off-street parking.
Property Size3,068 SF
Days on Market21
Property Features for 72 Eustis Street
General Information
Standard status
Active
Size
3,068 SF
Total Parking Spaces
1
Property subtype
3 Family - 3 Units Up/Down
Additional Details
Public Transit
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$12,726
Amenities
coin-op laundry
Building Details
Building Size
3,068 SF
Year Built
1964
Listing Agency:
Leading Edge Real Estate
Listed By:
Melanie Lentini · License #448510392
(781) 526-8070
Source:
Madelyngarciarealestate
Added: Sep 15
Changed: Oct 5
Last Checked: Oct 4 at 5:25PM
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
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.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,802
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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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
