Nestled in a well-maintained eight-unit brick building, this property is the perfect starter home or investment portfolio addition. Offering both immediate income and long-term growth, the unit is currently leased through July 31, 2026, for $2,700 per month (including a deeded parking space). With rents currently below market rates and neighborhood parking typically commanding $300–$400, there is significant upside potential. The unit features a comfortable layout and a low $405 HOA fee that covers essential expenses such as heat and hot water. Combining steady returns, minimal upkeep, and future appreciation, this is a rare and compelling opportunity. This home delivers a rare trifecta: a prime location, sun-drenched interiors, and effortless livability in a top-tier Cambridge neighborhood. Moments to Central Square, T station, restaurants, and a short walk to Harvard Square.
- Heating System:
- Unit Control, Common, Baseboard, Natural Gas
- Cooling System:
- Ductless
- Basement:
- No
- Security:
- Intercom
- Parking:
- Deeded
- Amenities:
- Hot Water
- Appliances:
- Disposal, Range, Dishwasher, Microwave, Refrigerator, Oven
- Construction:
- Brick, Frame
- Flooring:
- Tile, Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- 3
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Lead Paint:
- Unknown
- Laundry Features:
- In Building
- Grade School:
- John M. Tobin Montessori
- High School:
- Cambridge Rindge And Latin
- Middle School:
- Putnam Avenue Upper
- Market Time:
- 4
- Parking Spaces:
- 1
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $1,118
- Zoning:
- RES
- No Units:
- 8
- Unit Building:
- 11
- Orig Price:
- $529,900
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Cambridge
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02139
- Longitude:
- W72° 53' 30.7''
- Latitude:
- N42° 22' 10.3''
Residential
5 Centre St, Cambridge, Massachusetts
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $529,900
- Bedrooms :
- 1
- Rooms :
- 3
- Total Bathrooms :
- 1
- Full Bathrooms :
- 1
- Square Footage :
- 474 Sqft
- Year Built :
- 1970
- Listing ID :
- 73502766
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com