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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.

More Info

Basic Information

  • Gross Income $72,000
  • Mls StatusPrice Changed

Tax Information

  • Tax Assessed Value $3,084,000
  • Tax Year 2025
  • Taxes$19,583

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces2

Rooms

  • Bathroom8
  • Bathrooms Total Decimal 7
  • Bedrooms7
  • Full Bath6
  • Half Baths2

Basic Information

  • List Price$2,599,000
  • MLS Number73491633
  • Modification Date06/03/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address316-318 Concord Avenue
  • Building Number316-318
  • CountyMiddlesex
  • StateMA
  • StreetConcord Avenue
  • TownCambridge
  • Zip02138

Building

  • BasementFull
  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationConcrete Perimeter
  • Levels 4
  • Rooms21
  • Stories4
  • Units2
  • Year Built1913
  • Year Built Details Actual
  • Year Built Source Builder

Property

  • Acreage0.1

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 3,883
  • Lot Size Square Feet 4,500
  • Lot Size Units Acres
  • Square Feet3,883

Amenities

  • Other AmenitiesBasement, Fireplace

Other

  • Date Listed03/25/2026
  • Farm Land Area Units Square Feet
  • View Count3

Map Location

Driving Directions

Listed by Ismail Guessous of Coldwell Banker Realty - Boston

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