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$2,699,000
Total Beds: 7 Total Baths: 8
Total Units: 2 SQFT: 3883
LOT size: 0.10 Acres
316-318 Concord Ave
Cambridge, MA 02138
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Property Description

Rare opportunity to acquire a fully renovated 2-family property in a prime Cambridge location near Fresh Pond.This property consists of two updated units featuring open layouts, modern kitchens with quartz countertops and stainless steel appliances, and updated bathrooms. Each unit offers well-proportioned bedrooms, ample natural light, and functional living space.Unit 1 is leased through 08/31/2027 at $6,000/month, providing stable in-place income. Unit 2 offers flexibility for owner-occupants or additional rental income.Additional features include private outdoor space, off-street parking, and updated systems.Conveniently located near Fresh Pond, shopping, dining, public transportation, and easy access to Harvard Square and major routes.

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 7
  • Total Full Baths: 6
  • Total Half Baths: 2
  • Total Fireplaces: 2
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 72000
  • Net Operating Income: 72000

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1913
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73491633
  • Last Updated: 03/25/26

Mortgage Calculator

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Map

Seller's Representative: Ismail Guessous, Coldwell Banker Realty - Boston
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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MLS PIN data last updated at 2026-03-25 14:05:00