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Cambridge Dormitory Near Harvard Square

33 Everett St Cambridge, MA 02138

33 Everett St, Cambridge, MA, 02138

$19,800,000

For Sale

$19,800,000

Dormitory with 69 rooms, near Harvard and Porter Square.

Property Size43,112 SF

Lot Size0.33 Acres

Price / SF$459.27

AddedApr 24

Days on Market84

Last RefreshJul 16 at 5:23 am

Property Features for 33 Everett St

General Information

Standard status: Active
Size: 43,112 SF
Lot size: 0.33 Acres
Property subtype: Investment

Building Details

Year Built: 1900

Listing office Cushman & Wakefield

Listing date Apr 24, 2026

Source Elliman

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 Cushman & Wakefield

Investment Insights

Based on property information with market context.

Located in Cambridge, MA, 33 Everett Street is a 43,112 square foot building configured as a dormitory. The property features 69 rooms and 120 beds on a 14,352 square foot parcel. The building includes a dining hall, commercial kitchen, and resident common areas. Each floor has a common bathroom and lounge space equipped with soft seating, a refrigerator, and an oven. Situated between Harvard Square and Porter Square, the property is adjacent to Lesley University’s Doble Campus. The location provides access to colleges, universities, technology, bio-tech employers, shopping, and dining amenities. It is located near Harvard University and within a 10-minute walk of both Porter and Harvard Square Stations along the MBTA’s Red Line and Commuter Line. The bike score is 90, the walk score is 92, and the transit score is 79.

Key Highlights

Prime location between Harvard Square and Porter Square in Cambridge, MA.
Large 43,112 square foot building configured as a dormitory with 69 rooms and 120 beds.
Unmatched access to top colleges/universities, technology/bio‑tech employers, shopping, and dining.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$1.91M	$44.40
− Vacancy	−$76.6k	−$1.78
EGI	$1.84M	$42.62
− OpEx	−$826.9k	−$19.18
NOI	$1.01M	$23.44

43,112 SF · lease $44.40/SF/yr · vacancy 4.00% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$14.44M

$12.63M – $16.84M (±1% cap)

NOI $1,010,683 @ 7.0% cap · market cap 5.10%

Second Best

—

no second resolved use

Theoretical Best

Office A

$33.24M

$29.08M – $38.78M (±1% cap)

NOI $2,326,608 @ 7.0% cap · market cap 11.75%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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Suggested Use

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For sale
Apartment buildings
MA
Cambridge
02138
33 Everett St

What type of property is this?

Apartment building - Dormitory with 69 rooms, near Harvard and Porter Square.

Where is this apartment building located?

The property is located at 33 Everett St Cambridge, MA.

What is the asking price?

The asking price for this property is $19,800,000.

What are key features of this property?

This property features: Prime location between Harvard Square and Porter Square in Cambridge, MA.; Large 43,112 square foot building configured as a dormitory with 69 rooms and 120 beds.; Unmatched access to top colleges/universities, technology/bio‑tech employers, shopping, and dining.