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A rare opportunity to own a Grand Victorian in a prime mid-Cambridge location offering exceptional income potential. The beautifully restored main residence blends historic elements with updated designer finishes. Highlights include an elegant foyer, fireplaced living room, and a renovated kitchen with island seating that opens into the dining area with inlay floors and diamond-pattern windows. The upper two floors offer six flexible rooms, including four ensuite bedrooms and laundry. A fully equipped and furnished lower-level in-law suite with interior and exterior access adds further flexibility, while a fenced yard provides private outdoor space. The main residence itself is delivered unfurnished, offering a blank canvas for its next owner. The attached Carriage House features two furnished loft-style apartments, plus two additional furnished in-law units-bringing the total to 10+ bedrooms and 9.5 bathrooms all with storage and ample natural light. Paved driveway for three cars!

More Info

Basic Information

  • Lot Features Corner Lot, Level
  • Mls StatusActive
  • Parcel Number 405714
  • Rent Includes Unit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Heat, Electric, Gas, Water, Hot Water), Unit 3(Heat, Electric, Gas, Hot Water)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $4,225,000
  • Tax Year 2026
  • Taxes$28,180

Parking

  • Parking Features Off Street
  • Parking Spaces4

Rooms

  • Bathroom10
  • Bathrooms Total Decimal 9.5
  • Bedrooms11
  • Full Bath9
  • Half Baths1

Basic Information

  • List Price$4,495,000
  • MLS Number73487058
  • Modification Date03/20/2026
  • Property SubType3 Family

Location

  • Address1531 Cambridge Street
  • Building Number1531
  • CountyMiddlesex
  • StateMA
  • StreetCambridge Street
  • TownCambridge
  • Zip02139

Building

  • BasementFull, Finished, Walk-Out Access, Interior Entry
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplace Features Gas
  • Fireplaces Total 1
  • FoundationConcrete Perimeter, Stone, Slab
  • Levels 10
  • Patio And Porch Features Porch, Deck, Patio, Covered
  • Rooms21
  • Stories10
  • Units3
  • Utilities
    • For Electric Dryer
    • For Electric Oven
    • For Electric Range
    • For Gas Dryer
    • For Gas Range
    • Varies Per Unit
    • Washer Hookup
  • Window Features Skylight(s), Screens
  • Year Built1892
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.13

Interior

  • Flooring
    • Carpet
    • Hardwood
    • Stone/Ceramic Tile
    • Tile
    • Vinyl
    • Wood
  • Interior Features
    • Bathroom With Tub & Shower
    • Crown Molding
    • Dining Room
    • Family Room
    • Heated Attic
    • Kitchen
    • Laundry Room
    • Living Room
    • Loft
    • Office/Den
    • Open Floorplan
    • Pantry
    • Remodeled
    • Smart Thermostat
    • Stone/Granite/Solid Counters
    • Storage
    • Upgraded Cabinets
    • Upgraded Countertops
    • Walk-In Closet(s)
    • Walk-Up Attic

Exterior

  • Exterior Features Balcony/Deck, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting
  • Fencing Fenced/Enclosed, Fenced
  • RoofShingle

Utilities

  • Cooling Central Air, Wall Unit(s)
  • Cooling YN Yes
  • Electric Circuit Breakers, Varies per Unit
  • Heat SystemYes
  • Heating Central, Forced Air, Natural Gas, Electric, Wall Unit
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Owner
  • Living Area 5,933
  • Lot Size Square Feet 5,750
  • Lot Size Units Acres
  • Square Feet5,933

Amenities

  • Amenities
    • Medical Facility
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
    • University
  • Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood
  • Other AmenitiesBasement, Fireplace

Other

  • Date Listed03/16/2026
  • Farm Land Area Units Square Feet
  • View Count5

Map Location

Driving Directions

Listed by Rob and Meaghan of Hawthorn Properties

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