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
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.
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.