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3 Palermo St

Cambridge, MA 02141
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Bed 9

Bed

Bath 3

Bath

SqFt2,814

Sqft

Acres0.03

Acre(Lot)

Renovated (2018) three-family ideally located in the heart of East Cambridge with a strong rental history and excellent investment potential. The property consists of three well-maintained units, each offering three bedrooms and one bathroom, appealing to both investors and owner-occupants alike. The apartments feature updated kitchens and bathrooms, hardwood floors, good natural light, and functional layouts suited to today’s rental market. Strong in-place income with continued rental demand driven by the property’s exceptional location. Conveniently situated near MIT, Kendall Square, Cambridge Crossing, and the area’s renowned restaurants, cafés, shopping, and public transportation. Easy access to major commuter routes, downtown Boston, and the MBTA Red and Green Line stations. A rare op portunity to acquire a turnkey multifamily asset in one of Cambridge’s most sought-after rental markets.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,200,000

AD Id : 78731735

MLS Id : 73519999

Beds : 9

Lot Size : 0.03 Acre

Living Area Size : 2,814

Year Built : 1903

County : Middlesex

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Feature Features

  • Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Total Bedroom: 9
  • Heating & Cooling

    WaterSource: Public

  • Building Information

    Year Built: 1903 Basement: Full, Unfinished
  • Exterior Features

    Foundation Details: Other

  • Lot Information

    Lot Description: Level Lot Size Area: 0.03 Lot Size Units: Acres Lot Square Feet: 1,470 Lot Acres: 0.03 Stories: 3 Main Square Feet: 0.03

    Property Information

    Property Type: Residential Income Sub Type: 3 FamilySQ ft (Living Area): 2,814

  • Listing Price Information

    Original Listing Price: $2200000

  • Tax Information

    Parcel Number: M:00080 L:00065,402741 Annual Tax: $9674.22

  • Elementary School: Lottery
    Junior High School: Lottery
    Senior High School: Crl
  • Location Information

    Direction: Willow Street to Palermo Street
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
30 2nd Street, Cambridge, MA, 02141 $2,200,000 5 5 2,602 2,602 SqFt
30 2nd Street, Cambridge, MA, 02141 $2,050,000 5 5 2,602 2,602 SqFt
93 Third St, Cambridge, MA, 02141 $3,099,000 5 4 3,184 3,184 SqFt
43 Lincoln Street, Cambridge, MA, 02141 $1,925,000 5 3 2,464 2,464 SqFt

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ByOwner last updated this listing 06/23/2026 @ 20:12

MLS: 73519999 LISTED BY: Lisa Godwin, Gibson Sotheby's International Realty 617-945-9161 SOURCE: MLS Property Information Network

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