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251 Cambridge Street 251 Cambridge St 3 Unit Apartment Building $2,366,263 CAD ($788,754 CAD/Unit) 5.33% Cap Rate Boston, MA 02134
Investment Highlights
- Lots of natural light
- Within walking distance to multiple restaurants & grocery stores
- Easily accessible via public transportation
Executive Summary
BRICK 3-FAM FOR SALE - Exceptional investment opportunity in the heart of Allston! 251 Cambridge St is a well-positioned three-unit property with tremendous upside potential close to Harvard University and Boston University's campuses. Ideally located near public transportation, highway access via I-90, local dining, and retail, the property benefits from consistent rental demand and high tenant appeal. Unit 3 is recently renovated and units 1 & 2 are TAW's, giving the buyer the ability to upgrade and add value upon purchase. Whether you're expanding your portfolio or seeking a prime Boston-area income property, this offering delivers both stability and growth potential.
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,366,263 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $788,754 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 5.33% | Building Size | 5,136 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1905/2020 |
| Zoning | MFR | ||
| Price | $2,366,263 CAD |
| Price Per Unit | $788,754 CAD |
| Sale Type | Investment |
| Cap Rate | 5.33% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 5,136 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1905/2020 |
| Zoning | MFR |
Amenities
Site Amenities
- Walking/Biking Trails
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 3 | $4,085 CAD | 1,100 |
| 4+1 | 3 | $6,303 CAD | 1,250 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Very bikeable
80/100
Property Taxes
| Parcel Number | ALLS-000000-000022-001682-000001 | Improvements Assessment | $1,458,606 CAD (2025) |
| Land Assessment | $428,302 CAD (2025) | Total Assessment | $1,886,908 CAD (2025) |
Property Taxes
Parcel Number
ALLS-000000-000022-001682-000001
Land Assessment
$428,302 CAD (2025)
Improvements Assessment
$1,458,606 CAD (2025)
Total Assessment
$1,886,908 CAD (2025)
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251 Cambridge Street | 251 Cambridge St
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