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251 Cambridge St
Boston, MA 02134
251 Cambridge Street · Multifamily Property For Sale · 3 Units

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.

Property Facts

Price Per Unit $824,259 CAD
Sale Type Investment
Cap Rate 5.03%
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
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 1 $4,445 CAD 1,100
3+1 2 $3,612 CAD 1,100
4+1 3 $6,217 CAD 1,250

Property Taxes

Property Taxes

Parcel Number
ALLS-000000-000022-001682-000001
Land Assessment
$419,955 CAD
Improvements Assessment
$1,430,181 CAD
Total Assessment
$1,850,137 CAD
  • Listing ID: 40527702

  • Date on Market: 2026-05-14

  • Last Updated:

  • Address: 251 Cambridge St, Boston, MA 02134

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