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22-24 Magazine St, Cambridge, MA, 02139
Cambridge Multifamily Investment Opportunity

22-24 Magazine St Cambridge, MA 02139

For Sale
$12,000,000
Pending

Twelve renovated apartment units in Cambridge's Central Square neighborhood.

Days on Market98

Property Features for 22-24 Magazine St

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 2019
Listing Agency:
Listed By: John McLaughlin
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 29 at 9:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John McLaughlin

Investment Insights

Based on property information with market context.

Located in the Central Square neighborhood of Cambridge, 22-24 Magazine Street features 12 apartment units within a four-story building with a basement, originally constructed in 1905. The property has undergone substantial capital improvements, including upgrades to building and life safety systems, as well as complete gut renovations of all apartments to condo-quality finish levels, following a fire in late-2017. The units consist of eleven 4-bed, 2-bath apartments and one 3-bed, 2-bath apartment, averaging 1,365 square feet. Each apartment includes open-concept kitchens, in-unit laundry, stainless steel appliance packages, central AC, and private oversized balcony/patio spaces. The location is considered a Walker's Paradise with a walk score of 97, Very Bikeable with a bike score of 89, and has Excellent Transit with a transit score of 85.

Key Highlights

  • Fully gut‑renovated apartments with condo‑quality finishes.
  • Large, desirable layouts averaging 1,365 square feet.
  • Prime Central Square location with excellent walk, bike, and transit scores.

Property Analytics

Property Profile Location Intelligence

Current Use

Apartment buildings

Suggested Use

Top Pick Nail Salon Food Market Big Box & Wholesale Store Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Apartment building - Twelve renovated apartment units in Cambridge's Central Square neighborhood.
Where is this apartment building located?
The property is located at 22-24 Magazine St Cambridge, MA.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Fully gut‑renovated apartments with condo‑quality finishes.; Large, desirable layouts averaging 1,365 square feet.; Prime Central Square location with excellent walk, bike, and transit scores.
More about this property
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