243 Columbia, Cambridge MA 02139
Cambridge, MA 02139
$4,395,000
Est. $24,141/month
About this home
239-243 Columbia Street is a three-story multifamily investment property located in the Port neighborhood of Cambridge. The building is fully occupied and includes nine (2) 2BR units with eat-in kitchens, and living rooms. The six (6) upper floor apartments include a 3rd room (office or small bedroom). Excellent opportunity to acquire a very well-located asset with existing cash flow and future value add potential. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFO
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jul 27, 2026
$4,395,000
Original listing
Agent: Carl Christie
Office: Carl Christie
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/27/2026 | 🏠 Listed for Sale | $4,395,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $20,613 | $3,246,200 |
Financial Details
Annual Property Tax
$20,613
Tax Year 2025
Assessed Value
$3,246,200
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1900
Living Area
8,460 sq ft
Lot Size
0.09 acres
Bedrooms
18
Full Baths
9
Total Rooms
33
Investment Metrics
Units
9
Unit 1 Rent
$2,875/mo · Y
Unit 2 Rent
$3,000/mo · Y
Total Monthly Rent
$5,875/mo
Gross Income
$324,000
Net Operating Income
$243,111
Operating Expenses
$80,889
Water/Sewer Expense
$7,677
Electric Expense
$1,799
Insurance Expense
$14,943
Cap Rate
5.53%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full, Partially Finished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$20,613
Assessed Value
$3,246,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
18
Full Bathrooms
9
Living Area
8,460 sq ft
Total Rooms
33
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
8,460 sq ft above grade
0 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full, Partially Finished
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,718
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
243 Columbia, Cambridge MA 02139
Cambridge, MA 02139
Listing Information
Listing Agent
Carl Christie
Listing Office
Carl Christie
Office Phone
617-942-1137
Agent MLS ID
CN238517
Office MLS ID
AN6071
Listing Data Updated
Jul 27, 2026 10:10 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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