3 Palermo St, Cambridge, MA 02141

Cambridge
Local realty services provided by:ERA Key Realty Services
3 Palermo St,Cambridge, MA 02141
$2,200,000
  • 9 Beds
  • 3 Baths
  • 2,814 sq. ft.
  • Multi-family
  • Active
Listed by: lisa godwin
Office: gibson sotheby's international realty
MLS#:73519999
Source:MLSPIN

Price summary

  • Price:$2,200,000
  • Price per sq. ft.:$781.81

About this home

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 opportunity to acquire a turnkey multifamily asset in one of Cambridge’s most sought-after rental markets.

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Home facts

  • Year built:1903
  • Listing ID #:73519999
  • Updated:August 04, 2026 at 10:54 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:12
  • Basement Description:Full, Unfinished
  • Living area:2,814 sq. ft.

Heating and cooling

  • Cooling:3 Cooling Zones

Structure and exterior

  • Year built:1903
  • Building area:2,814 sq. ft.
  • Lot area:0.03 Acres
  • Lot Features:Level

Schools

  • High school:Crl
  • Middle school:Lottery
  • Elementary school:Lottery

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,200,000
  • Price per sq. ft.:$781.81
  • Tax amount:$9,674 (2025)
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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