617-999-6269
884-888 Massachusetts Ave, Cambridge, MA for Sale
Apartments - FOR SALE
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884-888 Massachusetts Ave
Cambridge, MA 02139
Riverside


HIGHLIGHTS

  • Fully renovated and updated
  • Between Harvard Square and Central Square

OVERVIEW

Historic Prime Mid-Rise Apartment Building Between Harvard & Central Squares This property is a true legacy asset: a six-story, elevator-served, 58-unit multifamily building perfectly positioned on Massachusetts Avenue between Harvard Square and Central Square. Wrapped in an iconic stone façade with sweeping bay windows and twin formal entrances, the property offers institutional scale in one of the tightest, most coveted rental markets in the country. Recently fully renovated and meticulously maintained, the building marries pre-war architecture with modern systems and finishes. The residential mix includes a handful of studios and three-bedrooms but is dominated by generous one- and two-bedroom homes—the sweet spot for Cambridge’s renter pool of professionals, graduate students, medical and tech talent, and long-term local residents seeking walkable urban living. Residents step out their front door into a world-class ecosystem of universities, life science and tech employers, transit, dining, culture, and the Charles River. For investors, that translates into durable occupancy, premium rent levels, and meaningful mark-to-market upside over time. This offering represents a rare opportunity to control a generational Cambridge address with both secure cash flow and a long runway for future growth.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

58

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1889

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,238 SF

ZONING

C-2B

APN/PARCEL ID

CAMB-000119-000000-000082

ASK ABOUT THIS PROPERTY

Demetrius SpaneasLand and Sea Real Estate Inc.More Info
617-999-6269

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Demetrius SpaneasLand and Sea Real Estate Inc.More Info
617-999-6269

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.