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.
16,384 Sq Ft
7,728 Sq Ft Lot Size
Investment
$63,477 Annual Tax
Built in 2019
MLS/Listing ID 73484648
4 Stories
12 Units
Lot - Corner Lot
Brick Mortar
Concrete Perimeter
TOTAL MONTHLY COST
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