Under Agreement

332 Franklin St Unit 501, Cambridge, MA

Cambridge · MA 02139

$815,000
Price
2
Beds
2
Baths
1083
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $648 / mo
HOA Fees Include
Heat, Hot Water, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Garden Area
Special Assessment
Unknown
Floor: 5th floor
Accessibility: Elevator
Pets: Pet Friendly
Parking: 1 Garage Space · 1 Off Street Space
Heating & cooling: Heat, Electric, AC
Laundry: In Unit Laundry
Outdoor space: Common Outdoor
Views: City Views

About this home

PRICE IMPROVEMENT!! A RARE VALUE-ADD INVESTMENT / EQUITY-BUILDING OPPORTUNITY IN PRIME CAMBRIDGE. This east-facing 2-bedroom, 2-bath unit in the highly desirable Cyrus Fellows condo flooded with natural morning light and fifth floor elevated privacy. This property presents a rare opportunity for investors, contractors, or end-users to secure immediate upside and build equity in one of the most desired neighborhoods in Central Square, Cambridge.PROPERTY HIGHLIGHTS:Spacious Open-Concept Layout: The apartment features rich hardwood floors, a cozy wood fireplace, large windows, a private balcony with city views.Functional 2BD/2BA Floor Plan: The primary suite has an en-suite full bath, and ample closet space. The second bedroom offers a walk-in closet—an ideal layout for maximum rental return, roommates, or a home-office configuration.Essential Modern Conveniences: In-unit washer and dryer, forced-air heating, individually controlled in-wall heating and cooling units, elevator access, and a private storage locker.Deeded Garage Parking: Includes a coveted deeded garage parking space in a high-density neighborhood where parking commands a premium.Professionally managed, pet-friendly condominium association.Rentals permitted—capitalize on strong, continuous tenant demand driven by surrounding academic and biotechnology hubs. Offered firmly as is. UNBEATABLE RIVERSIDE LOCATION:Nestled between Harvard University and MIT, very close to Central Square, the MBTA Red Line, the Charles River, and an array of world-class dining, cafes, and parks. Exceptional Walk and Bike scores make this a prime location for urban professionals and students alike.Bring your design ideas and tap into instant equity in the heart of Cambridge!

Neighborhood & Transit

332 Franklin St, Cambridge · MA 02139

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Central Red 0.16 mi

Price Insight

Days on Market:
109 days
Listing Price:
$815,000
Price per Sq.Ft:
$753
Tax Assessment:
$880,600 in 2026
Taxes:
$489 / Monthly
HOA Fee:
$648 / Monthly

Home Facts

Where is the Unit in the building?

Unit Placement
5th | Middle
Facing Direction
East
Views
City Views
Elevator
Yes
Handicap Access
Unknown

Interior Features

Bedrooms
2
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,083 Sq.Ft
Kitchen
Main Floor, Breakfast Bar, Gas Stove, Stone Countertops, Flooring - Stone/Ceramic Tile, Dishwasher, Range, Garbage Disposal, Refrigerator, Washer, Dryer
Primary Bedroom
Main Floor, Closet, Flooring - Hardwood, En-suite bathroom
Laundry
In Unit, Main Floor
Living levels
1
Rooms
4
Above grade area
1083
Flooring
Hardwood
Lead paint
None

Utilities

Heating Type
Electric, Unit Control, Wall Unit
Heating Zone
Unknown
Cooling
3 or More Units, Unit Control
Cooling Zones
Unknown
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
Unknown

Exterior Features

Outdoor Space
Yes - Common
Features
City View(s)

Parking

Garage Parking
1 Parking Space, Under, Deeded, Garage Door Opener
Off Street Parking
1 Parking Space, On Street Permit, Paved Driveway

Home Owner Association information

Restrictions
Unknown
HOA
$648 / Monthly
HOA Includes
Heat, Hot Water, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Garden Area
Special Assessment
Unknown
Pets allowed
Yes

Room details

Living room level
First Floor
Living room dimensions
20X14
Living room features
Fireplace, Flooring - Hardwood, Balcony / Deck, Open Floor Plan
Primary bedroom dimensions
17X10
Bedroom 2 level
First Floor
Bedroom 2 dimensions
15X11
Bedroom 2 features
Closet - Walk-in, Flooring - Hardwood
Bathroom 1 level
First Floor
Bathroom 1 features
Bathroom - Full, Bathroom - With Tub & Shower
Bathroom 2 level
Second Floor
Bathroom 2 features
Bathroom - Full, Bathroom - With Shower Stall, Dryer Hookup - Electric, Washer Hookup

Listing information

Listing agent
Deb Basu
Listing office
eXp Realty LLC
MLS PIN #
73547607
Disclosure
The condominium association is in the preliminary stages of discussing potential masonry improvements. No scope, timeline, or cost has been finalized. Buyers are encouraged to conduct their own due diligence with the condominium association regarding any future plans.

More homes at this address