Under Agreement

22-24 Magazine St, Cambridge, MA

Cambridge · MA 02139

$12,000,000
Price
47
Beds
24
Baths
16384
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 2019
Units: 12 Units
Lot size: 7,728 Sq.Ft Lot
Price per square foot: $732 / Sq.Ft
Parking: No Parking

About this home

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.

Neighborhood & Transit

22-24 Magazine St, Cambridge · MA 02139

Nearby transit

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

  • Central Red 0.14 mi

Price Insight

Days on Market:
239 days
Listing Price:
$12,000,000
Price per Sq.Ft:
$732
Tax Assessment:
$9,516,800 in 2026
Taxes:
$5,290 / Monthly

Home Facts

Interior Features

Bedrooms
47
Full Bathrooms
24
Half Bathrooms
0
Living Area
16,384 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
16384
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
7,728 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
John McLaughlin
Listing office
CBRE, Inc
MLS PIN #
73484648