About this home
**VACANT** 3 Palermo Street is a three-unit investment property that was fully renovated in 2018 and is located in a very desirable street between Inman and Kendall Squares. The building is entirely comprised of 3-bedroom/1-bath units featuring custom cabinetry, granite counters, stainless steel appliances, hardwood flooring, central air, and tiled bathrooms. Conveniently located near MIT, Kendall Square, Cambridge Crossing, and MBTA Red & Green Line Stations. Unique opportunity for an investor to acquire a vacant building in one of the strongest rental markets in the Boston area.
Listing last checked: Listing updated:
Listed by Tony Pepdjonovic · Marcus & Millichap Real Estate Investment Services · MLS #73577239
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Details at a glance
Interior4 property facts
- Rooms
- 15
- Cooling
- Central Air
- Flooring
- Wood, Tile, Hardwood
- Basement
- Yes · Full, Unfinished
Building4 property facts
- Style
- 3 Family
- Year built
- 1903
- Foundation
- Stone, Brick/Mortar
- Roof
- Rubber
Land & utilities5 property facts
- Lot size
- 0.03 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- C1
Financial2 property facts
- Annual taxes
- $10,533
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $2,080,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$11,395 / monthAdjust
- Principal & interest
- $10,518
- Property tax
- $878
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $10,533. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Exp
$3,950 · Jun 7, 2025
- Lsd
$3,950 · Sold $3,950 · Jun 7, 2025
More property insights
Automated value estimate $2,035,585
Estimated range $1,861,096–$2,210,074.
Automated estimates are not appraisals or guarantees of market value.
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Overall presentation: average
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About 3 Palermo Street
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