1531 Cambridge St Cambridge, MA 02139
Mid-Cambridge NeighborhoodEstimated payment $26,179/month
Highlights
- Medical Services
- Open Floorplan
- Deck
- 0.13 Acre Lot
- Landscaped Professionally
- Property is near public transit and schools
About This Home
A rare opportunity to own a Grand Victorian in a prime mid-Cambridge location offering exceptional income potential. The beautifully restored main residence blends historic elements with updated designer finishes. Highlights include an elegant foyer, fireplaced living room, and a renovated kitchen with island seating that opens into the dining area with inlay floors and diamond-pattern windows. The upper two floors offer six flexible rooms, including four ensuite bedrooms and laundry. A fully equipped and furnished lower-level in-law suite with interior and exterior access adds further flexibility, while a fenced yard provides private outdoor space. The main residence itself is delivered unfurnished, offering a blank canvas for its next owner. The attached Carriage House features two furnished loft-style apartments, plus two additional furnished in-law units—bringing the total to 10+ bedrooms and 9.5 bathrooms all with storage and ample natural light. Paved driveway for three cars!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,180
Year Built
- Built in 1892
Lot Details
- 5,750 Sq Ft Lot
- Fenced
- Landscaped Professionally
- Corner Lot
- Level Lot
- Sprinkler System
Home Design
- Manufactured Home on a slab
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Open Floorplan
- Crown Molding
- Skylights
- Decorative Lighting
- Gas Fireplace
- Window Screens
- Family Room
- Living Room
- Dining Room
- Home Office
- Loft
- Storage
- Attic
Kitchen
- Range with Range Hood
- Microwave
- Freezer
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 11 Bedrooms
- Walk-In Closet
- Bathtub with Shower
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Open Parking Spaces
- 4 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
- Rain Gutters
Location
- Property is near public transit and schools
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating and Cooling System
- 8 Cooling Zones
- 8 Heating Zones
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water), unit 3(heat electric gas hot water)
- Assessor Parcel Number 405714
Community Details
Overview
- 3 Units
- Property has 4 Levels
Amenities
- Medical Services
- Shops
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $25,801 | $4,063,200 | $1,302,000 | $2,761,200 |
| 2024 | $23,785 | $4,017,800 | $1,357,500 | $2,660,300 |
| 2023 | $22,330 | $3,810,500 | $1,383,100 | $2,427,400 |
| 2022 | $20,168 | $3,406,700 | $1,261,600 | $2,145,100 |
| 2021 | $1,226,595 | $3,218,900 | $1,175,900 | $2,043,000 |
| 2020 | $18,390 | $3,198,300 | $1,152,600 | $2,045,700 |
| 2019 | $17,470 | $2,941,000 | $1,012,400 | $1,928,600 |
| 2018 | $998,417 | $2,640,100 | $915,100 | $1,725,000 |
| 2017 | $16,292 | $2,510,400 | $895,600 | $1,614,800 |
| 2016 | $15,676 | $2,242,700 | $751,500 | $1,491,200 |
| 2015 | $15,526 | $1,985,400 | $650,300 | $1,335,100 |
| 2014 | $15,738 | $1,878,100 | $560,700 | $1,317,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/16/2026 03/16/26 | For Sale | $4,495,000 | +75.4% | $758 / Sq Ft | |
| 08/17/2015 08/17/15 | Sold | $2,562,500 | -1.4% | $404 / Sq Ft | View Prior Sale |
| 07/18/2015 07/18/15 | Pending | -- | -- | -- | |
| 05/22/2015 05/22/15 | For Sale | $2,600,000 | -- | $409 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $2,562,500 | -- | |
| Quit Claim Deed | $1,010,000 | -- | |
| Not Resolvable | $1,010,000 | -- | |
| Deed | $1,010,000 | -- | |
| Quit Claim Deed | $1,010,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | Purchase Money Mortgage | |
| Previous Owner | $808,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $500,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73487058
APN: CAMB-000111-000000-000012
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Ask me questions while you tour the home.