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Nestled in a well-maintained eight-unit brick building, this property is the perfect starter home or investment portfolio addition. Offering both immediate income and long-term growth, the unit is currently leased through July 31, 2026, for $2,700 per month (including a deeded parking space). With rents currently below market rates and neighborhood parking typically commanding $300–$400, there is significant upside potential. The unit features a comfortable layout and a low $405 HOA fee that covers essential expenses such as heat and hot water. Combining steady returns, minimal upkeep, and future appreciation, this is a rare and compelling opportunity. This home delivers a rare trifecta: a prime location, sun-drenched interiors, and effortless livability in a top-tier Cambridge neighborhood. Moments to Central Square, T station, restaurants, and a short walk to Harvard Square.
- Heating System:
- Natural Gas, Unit Control, Baseboard, Common
- Cooling System:
- Ductless
- Basement:
- No
- Kitchen:
- Dining Area, Flooring - Hardwood, Stainless Steel Appliances, Lighting - Overhead
- Security:
- Intercom
- Roof Deck:
- Rubber
- Parking:
- Deeded
- Country:
- US
- State:
- MA
- County:
- Middlesex
- City:
- Cambridge
- Street:
- Centre St
- Street Number:
- 5
- Postal Code:
- 02139
- HOA Amenities:
- Hot Water
- HOA Includes:
- Heat, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds, Water, Sewer, Road Maintenance
- Bathrooms:
- Yes
- HOA Fee:
- 405
- Community Features:
- Public Transportation, Shopping, Public School, Laundromat
- Construction:
- Frame, Brick
- Electric:
- Circuit Breakers
- Elementary School:
- John M. Tobin Montessori
- Flooring:
- Hardwood, Tile
- High School:
- Cambridge Rindge And Latin
- Laundry:
- In Building
- Lot Size:
- 0
- Middle School:
- Putnam Avenue Upper
- Property Type:
- Condominium
- Sewer:
- Public Sewer
- Type:
- Mid-rise
- Zoning:
- Res
- Living Area (sqft):
- 474
Residential For Sale
5 Centre St, Cambridge, Massachusetts 02139
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $529,900
- Bedrooms :
- 1
- Bathrooms :
- 1
- Year Built :
- 1970
- Status :
- Active
