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$2,200,000
New Listing

3 Palermo St
Cambridge, MA02141

For Sale|Triplex|Active
9
Beds
3
Total Baths
3
Full Baths
2,814
SqFt
$782
/SqFt
1903
Built
County:
Middlesex
Call Now: 617-648-9415
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617-648-9415
3 Palermo St3 Palermo St3 Palermo St3 Palermo St
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Renovated three-family ideally located in the heart of East Cambridge with a strong rental history and excellent investment potential. The property consists of three well-maintained units, each offering three bedrooms and one bathroom, appealing to both investors and owner-occupants alike. The apartments feature updated kitchens and bathrooms, hardwood floors, good natural light, and functional layouts suited to today’s rental market. Strong in-place income with continued rental demand driven by the property’s exceptional location. Conveniently situated near MIT, Kendall Square, Cambridge Crossing, and the area’s renowned restaurants, cafés, shopping, and public transportation. Easy access to major commuter routes, downtown Boston, and the MBTA Red and Green Line stations. A rare opportunity to acquire a turnkey multifamily asset in one of Cambridge’s most sought-after rental markets.

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Listing Snapshot
Price 
$2,200,000
Days On Site 
0 Days
Bedrooms 
9
Inside Area (SqFt) 
2,814 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.03 Acres
Year Built 
1903
MLS® Number 
73519999
Status 
Active
Property Tax 
$9,674.22
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
4 hours agoListing first seen on site
General Features
Acres 
0.03
Disclosures 
First showing will be unit 1 & 3. Second showing will include Unit 2. Unit 1 leased to a daycare through 6/30/26. Unit 2 leased through 6/30/26. Unit 3 is vacant and rent is projected.
Foundation 
Other
Number Of Stories 
3
Property Sub Type 
Triplex
Sewer 
Public Sewer
SqFt Above 
2814
SqFt Total 
2814
Water Source 
Public
Zoning 
C-1
Interior Features
Basement 
FullUnfinished
Cooling 
Zoned
Heating 
Zoned
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Exterior Features
Lot Features 
Level
Community Features
MLS Area 
East Cambridge
Schools
School District
Unknown
Elementary School
Lottery
Middle School
Lottery
High School
Crl
Listing courtesy of Lisa Godwin of Gibson Sotheby's International Realty



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Last checked 2026-05-15 11:02 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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