131 Erie St
$2,295,000
8
Beds
3
Baths
3,087
Sqft
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$2,295,000
8
Beds
3
Baths
3,087
Living Area
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Property Description
Exceptional 3-family on a beautiful tree-lined street in sought-after Cambridgeport. This income-producing property is equidistant to Harvard, Central, MIT, and BU, and just steps to the Charles River, public transportation, shops, and restaurants. Perfect for condo conversion, multi-generational living, or an investor’s dream—live in one unit and rent the others! First floor is a 2-bed, while the second and third floors each have 3 bedrooms. The third-floor former owner’s unit features central air and in-unit laundry. Each apartment has one bathroom. Floorplans are under the paperclip. The property is separately metered and has been well-maintained. Potential to expand into the massive, unfinished basement for added square footage or build up—potential for roof deck! With all units currently leased, this rare opportunity offers immediate income and future potential. A true gem in one of Cambridge’s most dynamic neighborhoods. Don’t miss this chance to own in an unbeatable location!
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Highlights
- Area: Cambridgeport
- Heating: Baseboard, Forced Air
- Property Class: Residential Income
- Stories: 6
- Year Built: 1903
- Cooling: Central Air
- Levels: 6
- Property Type: 3 Family
- Total Rooms: 14
- Status: Active
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Construction: Frame
- Flooring: Hardwood
- Interior Features: Stone/Granite/Solid Counters, Living Room, Kitchen, Family Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Sd-9
- Basement: Full, Interior Entry, Unfinished
- Exterior Features: Garden
- Foundation: Stone
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: On Street
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Utilities
- Electric: 220 Volts, 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,549,300
- Tax Year: 2025
- Total Rent: $10,000
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $9,838
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Listing information provided courtesy of RE/MAX Real Estate Center.
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