1 Jay Street, Cambridge MA 02139

Cambridge, MA 02139 • Riverside
$1,998,000
Est. $11,111/month
6
Beds
4.5
Baths
3,044
Sq Ft
$656
Price/Sq Ft
0.05
Acres
1902
Year Built
35
Days on Market
Active Price Drop -$152,000 Open House Listed Oct 31, 2025 • MLS# 73450111 Copied!

About this home

This 3-UNIT MULTIFAMILY situated 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 unit with a side brick patio area off of the living room. Unit #2 is a bright 2BR/1.5BA on the second floor. Unit #3 on the top floor is a cozy 1BR/1BA with a small balcony off of the kitchen. 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 Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1902
Bedrooms
6
Full Bathrooms
4
Half Bathrooms
1
Living Area
3,044 sq ft
Total Rooms
17
Stories
4
Levels
4

Open House Schedule

06
Dec
Saturday, December 6
3:00 PM - 4:00 PM EST

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1902
Living Area 3,044 sq ft
Lot Size 0.05 acres
Bedrooms 6
Full Baths 4
Half Baths 1
Total Rooms 17

Interior

Heating Baseboard, Natural Gas, Electric
Cooling None
Flooring Varies, Laminate, Hardwood
Appliances Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Range Hood
Fireplace None
Basement Full, Bulkhead
Laundry None
Features Storage, Walk-in Closet(s), Laundry Room, Pantry, Bathroom With Tub & Shower, Open Floorplan, Smart Thermostat, Slider, Kitchen, Living Rm/dining Rm Combo, Office/den

Exterior

Construction Brick
Architecture None
Roof Shingle, Rubber
Features Balcony/deck, Balcony, Rain Gutters
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch, Patio

Parking

Features On Street

Utilities

Electric Individually Metered, Varies Per Unit
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven

Financial

Annual Tax $9,697
Assessed Value $1,527,100

Interior Features

Flooring: Varies, Laminate, Hardwood
Appliances: Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Range Hood
Interior Features: Storage, Walk-In Closet(s), Laundry Room, Pantry, Bathroom With Tub & Shower, Open Floorplan, Smart Thermostat, Slider, Kitchen, Living RM/Dining RM Combo, Office/Den
Windows: Insulated Windows, Screens
Basement: Full, Bulkhead
Laundry:
Security:

Construction & Materials

Year Built: 1902
Structure Type:
Exterior Materials: Brick
Roof: Shingle, Rubber
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Electric
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Balcony/Deck, Balcony, Rain Gutters
Patio & Porch: Porch, Patio
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Parking Features: On Street

Location

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Neighborhood

Riverside

1 Jay Street, Cambridge MA 02139

Cambridge, MA 02139

Walkability

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Schools

School information not available

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
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $808
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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Current Rate
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+0.5% Rate
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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

Market Insights

1
Price Changes
7.1%
Price Range

Property Timeline

Price Reduced
Nov 25, 2025
$1,998,000 $152,000 (-7.07%)
From $2,150,000 to $1,998,000 (-7.1%)
🏠
Listed for Sale
Oct 31, 2025
$2,150,000
Original listing
Office: Coldwell Banker Realty - Newton

Price & Status History

Date Event Price Change
Nov 25, 2025 Price Changed $1,998,000 -$152,000
Oct 31, 2025 New Listing Added $2,150,000

Market Statistics

Days on Market
35 days
Price per Sq Ft
$656
Total Price Drop
-$152,000

Tax History

Year Taxes Assessment
2025 $9,697 $1,527,100

Financial Details

Annual Property Tax
$9,697
Tax Year 2025
Assessed Value
$1,527,100

Listing Information

Listing Agent Christine Dillon
Listing Office Coldwell Banker Realty - Newton
Agent MLS ID CN225009
Office MLS ID AN6227
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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