This rare 3-unit multifamily situated on a corner lot in Cambridge’s desirable and sought-after Riverside neighborhood offers consistent rental history and a compelling cap rate, making it ideal for investors, owner-occupants, or developers. The flexible layout provides the option for full tenancy or owner occupancy with quality rental income. Unit #1 is a 3BR/2BA split-level with a private brick patio. Unit #2 is a bright 2BR/1.5BA on the second floor. Unit #3 is a 1BR/1BA with a balcony, and is currently occupied (TAW) but will be delivered vacant. There is coin-operated laundry and extra storage on the first floor as you enter the building. The property is walking distance of Central Square (MBTA Red Line), MIT, Harvard, Whole Foods, Trader Joe’s, the Charles River, and Memorial Drive. Effortless access to Boston renowned hospitals, Kendall Square’s tech hub, Downtown Boston’s financial district, the Mass Pike (I-90), and Logan Airport adds to the property’s exceptional appeal!
Property Details
Price:
$2,150,000
MLS #:
73450111
Status:
Active
Beds:
6
Baths:
4.5
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Neighborhood:
riverside
Listed Date:
Oct 31, 2025
Finished Sq Ft:
3,044
Total Sq Ft:
3,044
Lot Size:
2,118 sqft / 0.05 acres (approx)
Year Built:
1902
Units:
3
See this Listing
Schools
Interior
Appliances
Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Range Hood
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Flooring
Varies, Laminate, Hardwood
Heating
Baseboard, Natural Gas, Electric
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Construction Materials
Brick
Exterior Features
Balcony/Deck, Balcony, Rain Gutters
Parking Features
On Street
Roof
Shingle, Rubber
Financial
Tax Year
2025
Taxes
$9,697
Map
Community
- Address1 Jay Street Cambridge MA
- CityCambridge
- CountyMiddlesex
- Zip Code02139
Subdivisions in Cambridge
Market Summary
Current real estate data for Multi Family in Cambridge as of Nov 01, 2025
53
Multi Family Listed
77
Avg DOM
769
Avg $ / SqFt
$3,218,055
Avg List Price
Property Summary
- 1 Jay Street Cambridge MA is a Multi Family for sale in Cambridge, MA, 02139. It is listed for $2,150,000 To schedule a showing of MLS#73450111 at 1 Jay Street in Cambridge, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Coldwell Banker Realty – Newton. 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.
1 Jay Street
Cambridge, MA