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$2,499,000

316-318 Concorde Ave, Cambridge MA 02138
Cambridge, MA 02138
Listed by Ismail Guessous
Bedrooms
7
Bathrooms
6.2
Living area
3,883 sqft
Year built
1913

About this home

Rare opportunity to own a fully renovated luxury two-family in a prime Cambridge location near Fresh Pond. This turnkey property offers an exceptional blend of modern design, functionality, and income potential in one of the city’s most desirable neighborhoods. Both residences feature thoughtfully designed open-concept layouts, sleek kitchens with quartz countertops and stainless steel appliances, updated bathrooms, generous natural light, and well-proportioned living spaces finished with a clean, contemporary feel. Unit 1 is leased through 8/31/2027 at $6,000/month, providing immediate rental income, while Unit 2 offers flexibility for an owner-occupant, multigenerational living, or additional income potential. Additional highlights include private outdoor space, off-street parking, and updated systems. Ideally located near Fresh Pond, shopping, dining, public transportation, and with easy access to Harvard Square and major routes.

Highlights

Fireplace

Property details

MLS #
73541948
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
4
Garage spaces
N/A
Lot size
0.1 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
John M Tobin
0.25 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
321
Student:teacher ratio
11.1:1
District
Cambridge
Middle
Vassal Lane Upper School
0.25 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
290
Student:teacher ratio
8.5:1
District
Cambridge
High
Cambridge Rindge and Latin
1.36 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,867
Student:teacher ratio
8.6:1
District
Cambridge

Mortgage calculator

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Est. monthly payment
$15,199/mo
$499,800 down
$1,999,200 loan
Principal & interest$12,967
Property tax (est.)$2,083
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.