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Not Available - Off Market
18
$2,295,000
Total Beds: 8 Total Baths: 3
Total Units: 3 SQFT: 3087
LOT size: 0.04 Acres
131 Erie St
Cambridge, MA 02139
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This Property is No Longer Available

Property Description

Exceptional 3-family on a beautiful tree-lined street in sought-after Cambridgeport. This income-producing property is equidistant to Harvard, Central, MIT, and BU, and just steps to the Charles River, public transportation, shops, and restaurants. Perfect for condo conversion, multi-generational living, or an investor’s dream—live in one unit and rent the others! First floor is a 2-bed, while the second and third floors each have 3 bedrooms. The third-floor former owner’s unit features central air and in-unit laundry. Each apartment has one bathroom. Floorplans are under the paperclip. The property is separately metered and has been well-maintained. Potential to expand into the massive, unfinished basement for added square footage or build up—potential for roof deck! With all units currently leased, this rare opportunity offers immediate income and future potential. A true gem in one of Cambridge’s most dynamic neighborhoods. Don’t miss this chance to own in an unbeatable location!

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Rooms: Family Room, Kitchen, Living Room
  • Common Interior Features: Stone/Granite/Solid Counters
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Common Heating: Forced Air, Gas, Hot Air Gravity, Hot Water Baseboard, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 117600
  • Net Operating Income: 117600

Utilities

  • Heat Zones: 3
  • Cooling Zones: 1
  • Electric Info: 200 Amps, 220 Volts, At Street
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1903
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73363766
  • Last Updated: 05/05/25

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Map

Seller's Representative: David Lilley, RE/MAX Real Estate Center
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2025-05-05 22:40:00

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