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588-590 Cambridge St, Boston MA 02134

Boston, MA 02134 • Allston
$2,500,000
Est. $14,082/month
7
Beds
6
Baths
5,345
Sq Ft
$468
Price/Sq Ft
0.19
Acres
1930
Year Built
14 hours 41 minutes
Time on Market
Active Listed Apr 28, 2026 • MLS# 73508554 Copied!

About this home

***Group Showings Friday from 3:30-5PM and Sunday from 1-2:30PM*** 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.

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Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1930
Bedrooms
7
Full Bathrooms
6
Living Area
5,345 sq ft
Total Rooms
17
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1930
Living Area 5,345 sq ft
Lot Size 0.19 acres
Bedrooms 7
Full Baths 6
Total Rooms 17

Interior

Heating None
Cooling None
Flooring Varies
Appliances None
Fireplace None
Fireplaces 2
Basement Full
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle

Parking

Features Off Street, Paved
Total Spaces 4

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $14,886
Assessed Value $120,500

Interior Features

Flooring: Varies
Appliances:
Interior Features:
Windows: Screens
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1930
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Other
Stories: 5

Heating, Cooling & Utilities

Heating:
Heating Zones: 6
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 4
Parking Features: Off Street, Paved

Special Features

Fireplaces: 2
Fireplace Type:

Location

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Neighborhood

Allston

588-590 Cambridge St, Boston MA 02134

Boston, MA 02134

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,241
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Apr 28, 2026
$2,500,000
Original listing
Agent: Kevin Cleary Office: RE/MAX Select Realty

Price & Status History

Date Event Price Change
Apr 28, 2026 New Listing Added $2,500,000

Market Statistics

Time on Market
14 hours 41 minutes
Price per Sq Ft
$468

Tax History

Year Taxes Assessment
2026 $14,886 $120,500

Financial Details

Annual Property Tax
$14,886
Tax Year 2026
Assessed Value
$120,500

Listing Information

Listing Agent Kevin Cleary
Listing Office RE/MAX Select Realty
Agent MLS ID NB112086
Office MLS ID BB4637
Listing Data Updated Apr 28, 2026 1:53 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

BMN Boston Real Estate

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