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Rare opportunity to own a fully renovated luxury two-family in a prime Cambridge location near Fresh Pond. This turnkey property offers an exceptional blend of modern design, functionality, and income potential in one of the city's most desirable neighborhoods. Both residences feature thoughtfully designed open-concept layouts, sleek kitchens with quartz countertops and stainless steel appliances, updated bathrooms, generous natural light, and well-proportioned living spaces finished with a clean, contemporary feel. Unit 1 is leased through 8/31/2027 at $6,000/month, providing immediate rental income, while Unit 2 offers flexibility for an owner-occupant, multigenerational living, or additional income potential. Additional highlights include private outdoor space, off-street parking, and updated systems. Ideally located near Fresh Pond, shopping, dining, public transportation, and with easy access to Harvard Square and major routes.

More Info

Basic Information

  • Gross Income $72,000
  • Mls StatusNew

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$2,499,000
  • MLS Number73541948
  • Modification Date06/25/2026
  • Property SubTypeMulti Family

Location

  • Address316-318 Concorde Avenue
  • Building Number316-318
  • CountyMiddlesex
  • StateMA
  • StreetConcorde Avenue
  • TownCambridge
  • Zip02138

Building

  • BasementFull
  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationConcrete Perimeter
  • Levels 4
  • Rooms21
  • Stories4
  • Units23
  • Year Built1913
  • Year Built Details Actual
  • Year Built Source Public Records

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

Legal

  • ZoningB

Other

  • Date Listed06/25/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Ismail Guessous of Coldwell Banker Realty - Boston

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