588-590 Cambridge St, Boston, MA 02134

Boston
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
588-590 Cambridge St,Boston, MA 02134
$2,500,000
  • 7 Beds
  • 6 Baths
  • 5,345 sq. ft.
  • Multi-family
  • Active
Listed by: kevin cleary
Office: re/max select realty
MLS#:73508554
Source:MLSPIN

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$467.73

About this home

***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.

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Home facts

  • Year built:1930
  • Listing ID #:73508554
  • Updated:May 14, 2026 at 10:41 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:17
  • Basement Description:Full
  • Living area:5,345 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1930
  • Building area:5,345 sq. ft.
  • Lot area:0.19 Acres
  • Construction Materials:Frame
  • Exterior Features:Porch, Rain Gutters

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$467.73
  • Tax amount:$14,886 (2026)

Parking

  • Total parking spaces:4
  • Parking description:Off Street, Paved
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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