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.
This home has been viewed 12 times
Last Checked: May 15th, 2026 at 4:43am (Source: MLS PIN #73484648)
Gross Income: $0
Gross Expenses: $63,477
Net Income Calc: $63,477
Annual Expenses for 22-24 Magazine Street, Cambridge MA 02139
Total Gross Expenses (Calculated)$63,477/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax63477
Annual Income & Unit Breakdown for 22-24 Magazine Street, Cambridge MA 02139
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor4
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor4
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 22-24 Magazine Street, Cambridge MA 02139
Listing ID73484648
Property TypeMulti Family
Price12000000 ($732.42/SqFt)
Style5+ Family - 5+ Units Up/down
CityCambridge
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total16384
Approximate Lot Size (Acres)0.18
Total Parking0
Garage Parking0
Year Built2019
Year Built SourceOwner
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningC
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 22-24 Magazine Street, Cambridge MA 02139
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 22-24 Magazine Street, Cambridge MA 02139
Real Estate Taxes63477
Tax Year2026
Assessed Value$9,516,800
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 22-24 Magazine Street, Cambridge MA 02139
Neighborhood(s)
Area Amenities
Contact Information for 22-24 Magazine Street, Cambridge MA 02139