About this home
Fantastic side by side 2 family home in highly coveted East Cambridge neighborhood. Phenomenal location on corner lot with convenient access to Kendall Square, MIT, Inman Square, and bustling Cambridge Street. Fully leased through August 2027, this property produces an extremely strong rental income stream with longstanding tenants. Both units offer two levels of living, alongside extensive 2013 renovations that include updated bathrooms, kitchens, flooring, and electric. Designated basement areas with individual laundry and abundant storage space. Unit 58, a legal 3 bedroom/1.5 bathroom home, is also equipped with central heating and air conditioning. Complete with a cozy and well maintained back patio, this low-maintenance property delivers an attractive turnkey profile in prime Cambridge location.
Listing last checked: Listing updated:
Listed by Joshua Drawas · Compass · MLS #73587683
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Details at a glance
Interior4 property facts
- Rooms
- 10
- Heating
- Baseboard, Natural Gas, Forced Air
- Cooling
- Window Unit(s), Central Air
- Basement
- Yes · Full, Walk-Out Access
Building3 property facts
- Style
- 2 Family - 2 Units Side by Side
- Year built
- 1873
- Foundation
- Concrete Perimeter
Land & utilities5 property facts
- Lot size
- 0.03 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- C-1
Financial2 property facts
- Annual taxes
- $7,504
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $1,350,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$7,452 / monthAdjust
- Principal & interest
- $6,826
- Property tax
- $625
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,504. 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.
More property insights
Automated value estimate $1,438,634
Estimated range $1,213,197–$1,664,071.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 56-58 Eighth Street
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