Address
Cambridge Connection Cambridge, MA
Price
$ 49,250,000
Property Attributes
  • MLS#72921062
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CityCambridge
  • Zip02138
  • Style5-9 Family
  • Taxes$ 999
  • Price$ 49,250,000
  • Bedrooms9
  • Full Bathrooms9
  • Half Bathrooms9
  • Sqr Footage85000
  • Lot Size1.29 Acres
Listing Provided Courtesy Of:
Christopher Sower with Cushman & Wakefield.
Data Source:
Massachusetts MLS Property Info Network (MLSPIN) - 3 - MA
Property Description

Presenting the Cambridge Connection, an exceptional portfolio consisting of ten historic buildings totaling 85,000 +/- GSF strategically located between Harvard Square and Porter Square in the heart of Cambridge, Massachusetts. Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, the portfolio presents immense value-add potential through the lease-up of vacant space, the potential redevelopment to multifamily residential and condominium conversion, the potential for new ground-up residential construction, among other options and strategies. Situated on Mellen Street, Sacramento Street, Massachusetts Avenue and Somerville Avenue, all of the buildings are located within a 10-minute walk of a MBTA station, as well as Harvard and Lesley University. **Interested parties are invited to submit bids for the Cambridge Connection as a single portfolio, sub-portfolios or individual properties.**

Price History
11/17/2021 Listed $49,250,000

General Features

Construction Material Other (See Remarks)
Fireplaces 9
Full Baths 9
Half Baths 9
Lead Paint None
Levels 18
Roof Other (See Remarks)
Sewer Other (See Remarks)
Square Feet 85000.00
State Massachusetts
Total Fireplaces 9

Interior Features

Bedrooms (1) 9
Bedrooms (2) 9
Total Bedrooms 9
Total Number of Units 99

Exterior Features

Exterior Other (See Remarks)
Foundation Other (See Remarks)
Lot Description Other (See Remarks)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02138

Price
AVG $8.25M
$49.25M
Taxes
AVG $8,763
$999
Visits
AVG 9
23

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