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$ 12,000,000
Est. payment /mo
Pending
22-24 Magazine Street Cambridge, MA 02139
47 Beds
24 Baths
16,384 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Pending
Purchase Type For Sale
Square Footage 16,384 sqft
Price per Sqft $732
MLS Listing ID 73484648
Bedrooms 47
Full Baths 24
Year Built 2019
Annual Tax Amount $63,477
Tax Year 2026
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
22-24 Magazine Street offers 12 apartment units and is located within the Central Square neighborhood of Cambridge. The property is comprised of one four-story building with basement. Originally constructed in 1905, the building experienced a fire in late-2017, and ownership has since invested substantial capital in undertaking property-wide upgrades to building and life safety systems, as well as in-unit finish levels, with all apartments now fully gut-renovated and offering condo-quality finish levels.With 11-4 bed, 2 bath and 1-3 bed, 2 bath apartments averaging 1,365 square feet, 22-24 Magazine Street offers some of the largest and most desirable layouts in all of Cambridge. Each apartment offers open concept kitchens, in-unit laundry, stainless appliance packages, central AC, and private oversized balcony/patio spaces, further boosting the desirability of the product and unlocking additional opportunity for future organic rent growth.
Location
State MA
County Middlesex
Zoning C
Direction Corner of Magazine Street & Auburn Street
Exterior
Garage No
Building
Lot Description Corner Lot
Story 4
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by CBRE, Inc