588-590 Cambridge St, Boston, MA 02134
588-590 Cambridge St, Boston, MA 02134
588-590 Cambridge St, Boston, MA 02134
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$2,200,000
Est. payment /mo
7 Beds
6 Baths
5,345 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,345 sqft

Price per Sqft $411

MLS Listing ID 73508554

Bedrooms 7

Full Baths 6

Year Built 1930

Annual Tax Amount $14,886

Tax Year 2026

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type 5-9 Family

Property Description

The property consists of five 1-bedroom apartments and one 2-bedroom apartment, located steps from the Green Line, major universities, and local dining. All units are separately metered for heat, hot water, and electricity, keeping landlord operating expenses low. The property includes four dedicated off-street parking spaces in the rear—a high-value premium in this neighborhood. There is significant upside potential to align rents with current market rates: four leases expire August 31, 2026, one unit is a tenant-at-will, and one unit is leased through July 31, 2027. This asset offers immediate cash flow with plenty of upside through strategic lease renewals and improved management efficiencies. A premier investment opportunity in a core Boston submarket. Email agent for the full financial breakdown. The property features a proven rental history with long-term occupancy and minimal vacancy.

Location

State MA

County Suffolk

Area Allston

Zoning R4

Direction Near intersection of Cambridge and Gordon Streets

Rooms

Basement Full

Interior

Flooring Varies

Fireplaces Number 2

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Lot Description Other

Story 5

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by RE/MAX Select Realty

NEARBY SCHOOLS & PROPERTIES

BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts 02176, United States

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588-590 Cambridge St