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Bean Group
Offered at $1,350,000Active
beds
5
baths
3
sq ft
1,944
Built
1873

56-58 Eighth Street

Cambridge, MA 02141

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.

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Photo-based condition insights

Overall presentation: average

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About 56-58 Eighth Street

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Request a tour of 56-58 Eighth Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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