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.
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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2026 | $0 | $1,547,500 | $1,547,500 | — |
| Date | Price | Book/Page |
|---|---|---|
| Feb 5, 2021 | $1 | 76898/0139 |
| Issued | Type / Work | Status | Value |
|---|---|---|---|
| Jun 15, 2021 |
Building: Alteration and Addition
Two-Family
replace old windows with new windows
By Nicoya Construction
Permit #qu2z-8suj:126331
|
Open | $12,000 |
| Jan 11, 2021 |
Building: Alteration and Addition
Two-Family
Add dormer on right side of the building.
By Escazu Development
Permit #qu2z-8suj:69594
|
Open | $50,000 |
| Jul 8, 2020 |
Building: Alteration and Addition
Two-Family
Selective interior demolition and demolition of covered porch.
By Escazu Development
Permit #qu2z-8suj:69588
|
Open | $106,000 |
| Mar 15, 2020 |
Building: Alteration and Addition
Two-Family
Interior only, which will include demo and reframe. No construction exterior decks or dormer.
By Escazu Development
Permit #qu2z-8suj:69592
|
Open | $15,000 |
Discrepancies found between MLS and assessor records.
| Field | Assessor | MLS | Match |
|---|---|---|---|
| Sqft | 4,903 | 3,883 | ✗ |
| Year built | 1,913 | 1,913 | ✓ |
316-318 Concord Ave, Cambridge MA 02138
Cambridge, MA 02138
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/17/2026 | • Back On Market | - | - | - | Active |
| 05/08/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 04/26/2026 | ↓ Price Reduced | $2,649,000 | $50,000 | - | From $2,699,000 to $2,649,000 (-1.9%) |
| 03/25/2026 | 🏠 Listed for Sale | $2,599,000 | - | - | Original listing |
| 03/25/2026 | 🏠 Listed for Sale | $2,699,000 | - | - | Original listing |
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