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3 Palermo Street

Cambridge, MA 02141
$2,080,000
9 Beds
3 Baths
2,814 Living Area
  • Property Description
    **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.
  • Highlights
    • Cooling: Central Air
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1903
    • Levels: 3
    • Property Type: 3 Family
    • Total Rooms: 15
    • Status: Active
  • Additional Details
    • Appliances: Range, Dishwasher, Microwave, Refrigerator
    • Construction: Frame
    • Foundation: Stone, Brick/Mortar
    • Lot Features: Other
    • Roof: Rubber
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Basement: Full, Unfinished
    • Flooring: Wood, Tile, Hardwood
    • Interior Features: Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: C1
  • Amenities
    • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,579,200
    • Taxes: $10,533
    • Tax Year: 2026

Location

3 Palermo Street, Cambridge, MA 02141

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Marcus & Millichap Real Estate Investment Services. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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