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**VACANT** 3 Palermo Street is a three-unit investment property that was fully renovated in 2018 and is located in a very desirable street between Inman and Kendall Squares. The building is entirely comprised of 3-bedroom/1-bath units featuring custom cabinetry, granite counters, stainless steel appliances, hardwood flooring, central air, and tiled bathrooms. Conveniently located near MIT, Kendall Square, Cambridge Crossing, and MBTA Red & Green Line Stations. Unique opportunity for an investor to acquire a vacant building in one of the strongest rental markets in the Boston area.

More Info

Basic Information

  • Lot Features Other
  • Mls StatusNew
  • Parcel Number 402741

Tax Information

  • Tax Assessed Value $1,579,200
  • Tax Year 2026
  • Taxes$10,533

Parking

  • Parking Spaces

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms9
  • Full Bath3

Basic Information

  • List Price$2,080,000
  • MLS Number73577239
  • Modification Date09/15/2026
  • Property SubType3 Family

Location

  • Address3 Palermo Street
  • Building Number3
  • CountyMiddlesex
  • StateMA
  • StreetPalermo Street
  • TownCambridge
  • Zip02141

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone, Brick/Mortar
  • Levels 3
  • Rooms15
  • Stories3
  • Units3
  • Utilities For Gas Range
  • Year Built1903
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.03

Interior

  • Flooring Wood, Tile, Hardwood
  • Interior Features Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops

Exterior

  • RoofRubber

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,814
  • Lot Size Square Feet 1,470
  • Lot Size Units Acres
  • Square Feet2,814

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator
  • Other AmenitiesBasement, Tennis

Legal

  • ZoningC1

Other

  • Date Listed09/15/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Tony Pepdjonovic of Marcus & Millichap Real Estate Investment Services

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