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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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588-590 Cambridge St , Boston, MA 02134
$2,200,000
Est. Payment: $4,888.89/mo
7 Bed
6 Bath
5345 Sqft
Status: Under Agreement | Days on site: 121
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BB4637 - NB112086
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House Description

The property consists of five 1-bedroom apartments and one 2-bedroom apartment, located steps from the Green Line, major universities, and local dining. All units are separately metered for heat, hot water, and electricity, keeping landlord operating expenses low. The property includes four dedicated off-street parking spaces in the rear—a high-value premium in this neighborhood. There is significant upside potential to align rents with current market rates: four leases expire August 31, 2026, one unit is a tenant-at-will, and one unit is leased through July 31, 2027. This asset offers immediate cash flow with plenty of upside through strategic lease renewals and improved management efficiencies. A premier investment opportunity in a core Boston submarket. Email agent for the full financial breakdown. The property features a proven rental history with long-term occupancy and minimal vacancy.

Highlights

Listed by Kevin Cleary , 617-304-1277 RE/MAX Select Realty , 617-787-9800.

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1930

County

Suffolk

Area

Allston

Listing ID

73508554

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:6
  • Full Bathrooms:6
Floor:Varies
Water:Public

Exterior Features

Garage Capacity:6
Zoning:R4
Roof:Shingle
Others:
  • Additional:Rain Gutters
Sewer:Public Sewer
Parking Features:Off Street,Paved,Parking Spaces: 6
Principal Interest
$4,889
Taxes
$1,241

Home Price

$2,200,000

Loan Details

30 yrs
%

Down Payment

20%
$440,000
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Monthly Price:
$4,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,888.89 $1,240.52 $0.00 $6,129.41
Yearly $58,666.67 $14,886.20 $0.00 $73,552.87
Total $1,760,000.00 $446,586.00 $0.00 $2,206,586.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Boston, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.