Luxury Real Estate Group Boston > Boston > 588-590 Cambridge St

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

588-590 Cambridge St

Boston, MA

Property Description

***Group Showings Friday from 3:30-5PM and Sunday from 1-2:30PM*** 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.

offered at

$2,500,000

  • Status: New
  • Listing ID: 73508554
  • Bedrooms: 7
  • Full Baths: 6
  • Living Area: 5,345 sqft Convert
  • Lot Size: 8,255 sqft Convert

Additional Details

Area: Allston

Zip Code: 02134

Parking

Garage Capacity: 4

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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