3 Palermo Street Cambridge — Photo 1 of 20
$2,080,000
3 Palermo Street, Cambridge, MA 02141
Cambridge, MA 02141
Beds
9
Baths
3
SqFt
2,814
Style
3 Family
Built
1903
**VACANT** 3 Palermo Street is a three-unit investment property that was fully renovated in 2018 and is located in a very desirable street between Inman and Kendall Squares. The building is entirely comprised of 3-bedroom/1-bath units featuring custom cabinetry, granite counters, stainless steel appliances, hardwood flooring, central air, and tiled bathrooms. Conveniently located near MIT, Kendall Square, Cambridge Crossing, and MBTA Red & Green Line Stations. Unique opportunity for an investor to acquire a vacant building in one of the strongest rental markets in the Boston area.
Key facts
It was listed on September 15, 2026. The annual property taxes are $10,533 (2026 tax year). It sits on a 0.03-acre lot.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Cambridge, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Property History
$2,080,000
Sep 15, 2026
MLS® 73577239
$3,950
Dec 31, 2025
MLS® 73387455
$3,950
Jun 16, 2025
MLS® 73387454
$3,950
Jun 7, 2025
MLS® 73387455
$3,950
Jun 7, 2025
MLS® 73387454
Questions about this home
When was 3 Palermo Street, Cambridge listed?
3 Palermo Street, Cambridge was listed on September 15, 2026.
Has the price of 3 Palermo Street, Cambridge changed?
The price hasn't changed since it was listed at $2,080,000.
What are the property taxes for 3 Palermo Street, Cambridge?
The annual property taxes for 3 Palermo Street, Cambridge are $10,533 (2026 tax year).
How big is the lot at 3 Palermo Street, Cambridge?
3 Palermo Street, Cambridge sits on a 0.03-acre lot.
What is the status of 3 Palermo Street, Cambridge?
3 Palermo Street, Cambridge is actively listed for sale.
Population
14,517
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$127K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
74.5%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Tony Pepdjonovic
Listing Office: Marcus & Millichap Real Estate Investment Services
MLS® Number: 73577239
