Active
7 Days on market
24 Union St Cambridge — Photo 1 of 10

24 Union St Cambridge — Photo 1 of 10

$6,950,000

Investment Analysis — 24 Union St

Cambridge, MA 02141

Based on rent reported on the MLS listing, a 3-unit multi-family in 02141 carries $22,000/mo in gross rent — about a 2.64% cap rate and $183,708/yr in estimated NOI at the $6,950,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

3.5

SqFt

4,355

Style

3 Family

Built

1886

East Cambridge 3-family townhouse on a quiet one-way street near Kendall Square and MIT. One deed covering 24 / 24A / 24B Union St. Three similar side-by-side units, each with its own kitchen, baths, living area, and basement access. Each unit has its own NFPA-13D wet fire sprinkler system. Occupied income-producing property. Extensive interior renovation under Cambridge building permit BLDC-16364-2022; see attached Luna Design plans. City assessor records list 9 bedrooms, 3.5 baths, and 4,355 sq ft. Current interior layout differs from the assessor card. Buyer must independently verify bedroom and bathroom counts, occupancy, zoning, licensing, parking, and any redevelopment potential with the City of Cambridge Assessing Department and Inspectional Services. Residence C-1. No off-street parking. Buyer may apply to the City of Cambridge for a residential street-parking permit; issuance is not guaranteed. Sold as-is. Seller will not make repairs or reduce the price based on inspection findings. Seller will consider concessions toward buyer’s closing costs of up to $120,000.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$6,700,000
Annual Taxes$16,932

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms15
Fireplaces2
Flooring--
BasementFull

Climate & Utilities

HeatingHot Water, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter, Stone, Brick/Mortar
ZoningC-1

Property & Lot

Acres0.15
SqFt Lot6,333
Lot FeaturesCleared, Level

Neighborhood

Public Transportation • Shopping • Park

Geography

Property History

Price Increase
$6,950,000

Was $6,700,000

Sep 8, 2026

MLS® 73572529

Listed
$6,700,000

Sep 7, 2026

MLS® 73572529

Listing Provided By

Listing Agent: Darin Thompson

Listing Office: Stuart St James, Inc.

MLS® Number: 73572529