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$1,998,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 3 Units
  • 6 Total Beds
  • 0.05 Acres
  • Updated 11 days ago
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This 3-UNIT MULTIFAMILY situated in Cambridge's desirable and sought-after Riverside neighborhood offers consistent rental history and a compelling cap rate, making it ideal for investors, owner-occupants, or developers. The flexible layout provides the option for full tenancy or owner occupancy with quality rental income. Unit #1 is a 3BR/2BA split-level unit with a side brick patio area off of the living room. Unit #2 is a bright 2BR/1.5BA on the second floor. Unit #3 on the top floor is a cozy 1BR/1BA with a small balcony off of the kitchen. There is coin-operated laundry and extra storage on the first floor as you enter the building. The property is walking distance of Central Square (MBTA Red Line), MIT, Harvard, Whole Foods, Trader Joe's, the Charles River, and Memorial Drive. Effortless access to Boston renowned hospitals, Kendall Square's tech hub, Downtown Boston's financial district, the Mass Pike (I-90), and Logan Airport adds to the property's exceptional appeal!

Full Property Details for 1 Jay St

General

  • Price: $1,998,000
  • Taxes: $9,697 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: MLSPin
  • MLS ID: 73450111
  • Updated: 1/9/2026
  • Added to Site: 81 day(s) ago

Rental Information

  • Rent Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water)

Interior

  • Number of Rooms: 17
  • Interior Features: Storage, Walk-In Closet(s), Laundry Room, Pantry, Bathroom With Tub & Shower, Open Floorplan, Smart Thermostat, Slider, Kitchen, Living RM/Dining RM Combo, Office/Den
  • Appliances: Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Range Hood
  • Flooring: Varies, Laminate, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main - Full Baths: 4
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Year Round: Yes

Exterior

  • Exterior Features: Balcony/Deck, Balcony, Rain Gutters
  • Color: Light Blue

Parking

  • Parking Features: On Street

Location

  • Area: Riverside
  • County: Middlesex
  • Driving Directions: River St or Western Ave to Jay St

Heating & Cooling

  • Heating Type: Baseboard, Natural Gas, Electric
  • Heating Fuel: Baseboard, Natural Gas, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Connection for Gas Range, Connection for Gas Oven

Structural Information

  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Full, Bulkhead
  • Foundation Size: 704
  • Roof: Shingle, Rubber
  • Stories/Levels: 4
  • Square Feet: 3,044
  • Sq. Ft. Source: Public Records
  • Year Built: 1902

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Dimensions: .05
  • Frontage: Public
  • Fence: Yes
  • Lot Features: Corner Lot
  • Fencing (Description): Fenced/Enclosed, Fenced

Green Features

  • Energy Efficient: Thermostat

Financial Considerations

  • Price Per Sq. Ft.: $656.37
  • Tax Amount: $9,697
  • Tax Year: 2025
  • Terms: Contract

Disclosures and Reports

  • Disclosures/Rstr.: Listing agent has ownership interest. Photos from prior tenants.
  • Property ID: 407760
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1 Jay St —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1 Jay St

School District:Cambridge School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1 Jay St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/24/2025
Price Reduced
$1,998,000
-7.07%
MLS
10/31/2025
Listed
$2,150,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1 Jay St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,697
6%
$1,527,100
-1%
2024
$9,173
6%
$1,549,500
5%
2023
$8,684
4%
$1,481,900
5%
2022
$8,354
4%
$1,411,200
3%
2021
$8,024
4%
$1,371,700
2%
2020
$7,715
9%
$1,341,800
13%
2019
$7,083
9%
$1,192,500
15%
2018
$6,519
-1%
$1,036,400
2%
2017
$6,567
9%
$1,011,800
17%
2016
$6,023
3%
$861,700
15%
2015
$5,873
—
$751,000
7%
2014
$5,901
—
$704,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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1 Jay Street, Cambridge, MA 02139 (MLS# 73450111) is a Multi-Family property with 3 units containing 6 bedrooms, 4 full bathrooms and 1 partial bathroom. 1 Jay Street is currently listed for $1,998,000 and was received on October 31, 2025. This property is listed by Christine Dillon from our Brookline-Newton-Chestnut Hill Regional Office.Want to learn more about 1 Jay Street? Do you have questions about finding other Multi-Family real estate for sale in Cambridge? You can browse all Cambridge real estate or contact a Coldwell Banker agent to request more information.

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