BuySellBlogBrowse Listings

1 Jay StreetCambridge, MA 02139

For Sale

$2,150,000

Smart Buyer Rebate $10,750

This rare 3-unit multifamily situated on a corner lot in Cambridge's desirable and sought-after Riverside neighborhood offers consistent rental history and a compelling cap rate, making it ideal for investors, owner-occupants, or developers. The flexible layout provides the option for full tenancy or owner occupancy with quality rental income. Unit #1 is a 3BR/2BA split-level with a private brick patio. Unit #2 is a bright 2BR/1.5BA on the second floor. Unit #3 is a 1BR/1BA with a balcony, and is currently occupied (TAW) but will be delivered vacant. There is coin-operated laundry and extra storage on the first floor as you enter the building. The property is walking distance of Central Square (MBTA Red Line), MIT, Harvard, Whole Foods, Trader Joe's, the Charles River, and Memorial Drive. Effortless access to Boston renowned hospitals, Kendall Square's tech hub, Downtown Boston's financial district, the Mass Pike (I-90), and Logan Airport adds to the property's exceptional appeal!

Listed by Christine Dillon

·

Coldwell Banker Realty - Newton

·

917-687-8944

Last updated November 17, 2025

·

Source: MLSPin #73450111

Listing Facts

  • TypeMulti-family
  • NeighborhoodRiverside
  • Bedrooms6
  • Bathrooms5
  • Days on Prevu20
  • Taxes$9,697/year
  • Size3,044 sqft
  • Price per sqft$706

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Swimming Pool

Location

Mortgage Calculator

Listing History

10/31/2025
Listed by Coldwell Banker Realty - Newton
$2,150,000

Property Details for 1 Jay Street

Association

Amenities

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, House Of Worship, Private School, Public School, T-Station, University

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle, Rubber
  • Stories: 4
  • Stories Total: 4
  • Window Features: Insulated Windows, Screens
  • Year Built: 1902
  • Year Built Details: Actual,Renovated Since
  • Construction Materials: Brick
  • Exterior Features: Balcony/Deck, Balcony, Rain Gutters

Features

  • Fencing: Fenced/Enclosed, Fenced
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 3,044
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.05
  • Lot Size Area: 0
  • Lot Size Square Feet: 2,118
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $118,540.00
  • Operating Expense: $17,955.00

Taxes

  • Parcel Number: 407760
  • Tax Annual Amount: $9,697.00
  • Tax Assessed Value: $1,527,100.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Range Hood
  • Flooring: Varies, Laminate, Hardwood
  • Interior Features: Storage, Walk-In Closet(s), Laundry Room, Pantry, Bathroom With Tub & Shower, Open Floorplan, Smart Thermostat, Slider, Kitchen, Living RM/Dining RM Combo, Office/Den

Measurements

  • Living Area: 3,044
  • Living Area Source: Public Record

Rooms

  • Basement: Full, Bulkhead
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 6
  • Rooms Total: 17

Other

Environmental

  • Green Energy Efficient: Thermostat

Location

  • Tax Lot: 11

Parking

Parking

  • Open Parking: Yes
  • Parking Features: On Street

Utilities

Equipment

  • Electric: Individually Metered, Varies Per Unit
  • Heating: Baseboard, Natural Gas, Electric
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Utilities: For Gas Range, For Gas Oven
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.