$10,000 Closing Credit¹
#73360952, Christopher Jean, Listing Office: Jacques Realty Group Co.
$1,798,000 List price
253 Cambridge St Cambridge, MA 02141
$10,000
Closing credit¹
6 beds
2 full
2,922 sqft
0.02 acres
$615 / sqft
Multi-Family
Property details
About 253 Cambridge St
Very rare to the market mixed-use property in this prime Cambridge location, just minutes from Kendall Square, MIT, Cambridge Hospital, Inman Square, and Lechmere Station. This 3-story brick building features a street-level restaurant and two residential units above. All 3 units are Tenant-at-Will, offering flexibility for repositioning or rent increases. Current rents are well below market, presenting immediate upside for investors. The restaurant space has excellent visibility along Cambridge Street and tremendous branding potential. Styled as a unique concept like "The Record Room", a nod to its across the street proximity to the Middlesex South Registry of Deeds, the concept could thrive with the tagline: “Where Deals Get Sealed.” Get creative with it and make this your cash cow! Ideal for investors or entrepreneurs looking for versatility in a high-demand area. Showings by appointment only. Please do not disturb the restaurant tenant. Also listed under Commercial MLS #73367367.
Highlights
Home typeMulti Family
StatusActive
(New)
(New)
Size2,922 sqft
BasementYes
Lot size0.02 Acres
Year built1900
ParkingOn Street
MLS #73367362
ViewCity
Summary
- Full Bathrooms: 2
- Basement: Yes
- Flooring Type: Wood
- Total Bedroom Count: 6
- Parking: On Street
- View: City
- List Price: $1,798,000
- Price/SqFt: $615
- Directions: Use GPS.
- Year Built: 1900
- Stories: 6
- Living Area: 2,922 SqFt
- Lot Size: 0.02 Acres
- MLS Number: 73367362
- MLS Name: MLS Property Information Network
- Office Name: Mr. Chaddles Real Estate
- Office Phone: (857) 222-6677
- Listing Agent: Chad Myers
Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,798,000
253 Cambridge St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,214,400 | $- |
| 2023 | $1,182,900 | $- |
| 2022 | $1,115,000 | $- |
| 2021 | $1,173,700 | $- |
| 2020 | $1,070,100 | $- |
| 2019 | $961,300 | $- |
History based on county public records data.
Nearby schools
5
Kennedy-Longfellow
Public District PK-5
0.4 mi
•158 Spring St
4
King Open
Public District PK-5
0.6 mi
•850 Cambridge St
6
Fletcher/Maynard Academy
Public District PK-5
0.9 mi
•225 Windsor St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $66,942. The majority of Cambridge, MA residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
25%
<35k
47%
35k-100k
22%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
68%
Single, No Kids
3%
Single, with Kids
20%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
2%
12-17 yrs old
48%
18-34 yrs old
35%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Tennis
Music Concerts
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
H&M
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
BMW
Volkswagen
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 253 Cambridge St in Cambridge, MA and zip code 02141 in the East Cambridge neighborhood. This 2,922 square foot home, which was built in 1900, sits on a 0.02 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $1,798,000.
While more than 23 listings in Cambridge, MA in April 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 12 were sold below. The number of listings in Cambridge, MA increased by 23.6% between March and April 2025. The median list price of listings available in April 2025 was $1,194,000, while the average time on the real estate market was 25 days.
From Rocket Homes Real Estate and based on county public records data.