Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

588-590 Cambridge St

Allston - Boston, MA ID #73508554

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588-590 Cambridge St

Allston - Boston, MA ID #73508554

Property Description

***Group Showings Friday from 3:30-5PM and Sunday from 1-2:30PM*** The property consists of five 1-bedroom apartments and one 2-bedroom apartment, located steps from the Green Line, major universities, and local dining. All units are separately metered for heat, hot water, and electricity, keeping landlord operating expenses low. The property includes four dedicated off-street parking spaces in the rear—a high-value premium in this neighborhood. There is significant upside potential to align rents with current market rates: four leases expire August 31, 2026, one unit is a tenant-at-will, and one unit is leased through July 31, 2027. This asset offers immediate cash flow with plenty of upside through strategic lease renewals and improved management efficiencies. A premier investment opportunity in a core Boston submarket. Email agent for the full financial breakdown. The property features a proven rental history with long-term occupancy and minimal vacancy.

Additional Details

  • Status: ACT
  • Area: Allston
  • Zip Code: 02134
  • Acres: 0.19

Parking

  • Garage Capacity: 4

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588-590 Cambridge St, Boston, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Kevin Cleary of RE/MAX Select Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.