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$1,945,000
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Property Description
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. 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
Full Property Details for 1 Jay St
General
- Sold For: $1,945,000
- Taxes: $9,697 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MLSPin
- MLS ID: 73450111
- Added to Site: 134 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
- Living Area: 3,044 Sq. Ft.
- 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.: $638.96
- Tax Amount: $9,697
- Tax Year: 2025
- Terms: Contract
Disclosures and Reports
- Exclusions: A/C Units Will Be Left For New Owner.
- Property ID: 407760
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Schools
Schools serving 1 Jay St
School District:Cambridge School District
| Name | Grades | Distance |
|---|---|---|
The Amigos School 15 Upton Street, Cambridge, MA 02139 | PK-8 | 0.1 mi |
Martin Luther King, Jr. School 102 Putnam Avenue, Cambridge, MA 02139 | PK-5 | 0.3 mi |
Morse School 40 Granite Street, Cambridge, MA 02139 | PK-5 | 0.6 mi |
Putnam Avenue Upper School 100 Putnam Avenue, Cambridge, MA 02139 | 6-8 | 0.3 mi |
Cambridge Street Upper School 840 Cambridge Street, Cambridge, MA 02141 | 6-8 | 1.1 mi |
Vassal Lane Upper School 158 Spring Street, Cambridge, MA 02141 | 6-8 | 1.2 mi |
Cambridge Rindge and Latin School 459 Broadway, Cambridge, MA 02138 | 9-12 | 0.7 mi |
John M. Tobin Montessori School 359 Broadway, Cambridge, MA 02139 | PK-5 | 0.6 mi |
Cambridgeport School 89 Elm Street, Cambridge, MA 02139 | PK-5 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Jay St
Date
Details
Price
Change
Source
1/30/2026
Sold
$1,945,000
-2.65%
MLS
11/24/2025
Price Reduced
$1,998,000
-7.07%
MLS
10/31/2025
Listed
$2,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1 Jay Street, Cambridge, MA 02139 (MLS# 73450111) is a Multi-Family property that was sold at $1,945,000 on January 30, 2026. This property was 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.


