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.
Property Details
Price:
$2,350,000
MLS #:
73508554
Status:
Active
Beds:
7
Baths:
6
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
allston
Listed Date:
Apr 28, 2026
Finished Sq Ft:
5,345
Total Sq Ft:
5,345
Lot Size:
8,255 sqft / 0.19 acres (approx)
Year Built:
1930
Units:
6
See this Listing
Schools
Interior
Above Grade Finished Area
5345
Bathrooms
6 Full Bathrooms
Fireplaces Total
2
Flooring
Varies
Levels
5
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Construction Materials
Frame
Exterior Features
Rain Gutters
Lot Features
Other
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Off Street, Paved
Parking Spots
4
Parking Total
4
Patio And Porch Features
Porch
Roof
Shingle
Stories
5
Window Features
Screens
Financial
Tax Year
2026
Taxes
$14,886
Map
Community
- Address588-590 Cambridge St Boston MA
- CityBoston
- CountySuffolk
- Zip Code02134
Subdivisions in Boston
- Adams Village
- Ashmont Hill
- Ashmont Hill / Carruth Area
- Back Bay
- Bay Village
- Beacon Hill
- Bellevue Hill
- Boston
- Brighton-Oak Square
- Charlestown
- Chestnut Hill
- Chestnut Hill /Brookline line
- Chestnut Hill Park Condominium
- Clam Point Neighborhood
- Eight Streets Neighborhood
- Ellis South End Neighborhood
- Fairmount Hill
- Fields Corner
- Gas Light District
- Golf Course Neighborhood
- Harbor View
- Harborview
- Highland
- Hyde Park
- Jamaica Plain
- Lower Mills
- Melville Park
- Metropolitan Heights Area
- Metropolitan Hill
- Mission Hill – Longwood Medical
- Oak Square
- Parkway neighborhood
- Roslindale
- Roslindale – WC Bates
- roslindale village
- Roxbury’s Moreland Street Historic District
- Savin Hill: Minutes to Carson Beach/UMass Boston T-Stop
- South Boston
- Suffolk County
- Sumner Hill
- Thomas Park
- Woodbourne
Market Summary
Current real estate data for Multi Family in Boston as of Jul 05, 2026
413
Multi Family Listed
128
Avg DOM
486
Avg $ / SqFt
$2,217,494
Avg List Price
Property Summary
- 588-590 Cambridge St Boston MA is a Multi Family for sale in Boston, MA, 02134. It is listed for $2,350,000 To schedule a showing of MLS#73508554 at 588-590 Cambridge St in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of RE/MAX Select Realty. 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.
588-590 Cambridge St
Boston, MA