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Active

37-41 Wendell Street, Cambridge MA 02138

$20,475,000

Estimated $33,200.87/month Calculator

Multi Family

Total Units: 33

Price Per Unit: $620,454.55

Total Rent: 239976/year

Estimated CAP Rate: 1.17%

40 Bedrooms

33 Full Baths

30,505 SqFt

Total Parking: 6

15,032 SqFt

Presenting 37-41 Wendell Street, a generational, 33 unit value add apartment building located adjacent to Harvard Square, in the heart of Cambridge, Massachusetts. Built in 1930 and spanning more than 30,050 +/- square feet, the property presents immense value-add potential via common area and in-unit upgrades. The property boasts an attractive mix of one and two-bedroom units as well as six (6) surface parking spaces in the rear of the property. 37-41 Wendell Street is situated in one of the most esteemed locales in the world with unmatched access to many of the nation’s top colleges and, technology and bio-tech employers and many of the region’s best shopping and dining amenities. Situated on treelined Wendell Street, the property is within a 10-minute walk of multiple MBTA Redline Stations, as well as an abundance of live-work-play amenities scattered throughout Cambridge and Somerville.

This home has been viewed 20 times

Last Checked: April 20th, 2025 at 5:53am (Source: MLS PIN #73359717)

Gross Income: $239,976

Gross Expenses: $9

Net Income Calc: $239,967

CAP Rate: 1.17%

Annual Expenses for 37-41 Wendell Street, Cambridge MA 02138

Total Gross Expenses (Calculated)$9/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9

Annual Income & Unit Breakdown for 37-41 Wendell Street, Cambridge MA 02138

Total Gross Income (Calculated)$239,976

Unit 1

Rental Income$9,999

LeaseN

Bedrooms9

Bathrooms9 Full, 9 Half

Floor9

Levels in Unit9

HeatingNo

Rent Includes

Unit 2

Rental Income$9,999

LeaseN

Bedrooms9

Bathrooms9 Full, 9 Half

Floor9

Levels in Unit9

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 37-41 Wendell Street, Cambridge MA 02138

Listing ID73359717

Property TypeMulti Family

Price$20,475,000 ($671.2/SqFt)

Style5+ Family - 5+ Units Up/down

CityCambridge

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total30,505 SqFt

Approximate Lot Size (Acres)0.35 acres

Total Parking6

Garage Parking

Year Built1930

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick

Lot FeaturesOther

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

Zoning9

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 37-41 Wendell Street, Cambridge MA 02138

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$239,976

Total Net Income By Broker$239,976

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 37-41 Wendell Street, Cambridge MA 02138

Real Estate Taxes$9

Tax Year2099

Assessed Value$9

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$239,976

BostonRealEstate.com Gross Income

Total Net Income By Broker$239,976

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.17%

Location Information for 37-41 Wendell Street, Cambridge MA 02138

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 37-41 Wendell Street, Cambridge MA 02138

Agent

Name: Christopher Sower

MLS ID: CT003909

Office ID: AN6656

Address: 19 Ridge Hill Farm Road

City: Wellesley

State: MA

Zip: 02482

Office

Name: Cushman & Wakefield

MLS Office ID: AN6656

Phone: 617-204-4134

Payment Calculator

, Interest

Property Taxes 0.75

Principal & Interest 126160.44

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cushman & Wakefield

Christopher Sower

Agent Phone

Office Phone

(617) 204-4134

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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EXIT

Active

37-41 Wendell Street, Cambridge MA 02138

$20,475,000

Annual Expenses for 37-41 Wendell Street, Cambridge MA 02138

Annual Income & Unit Breakdown for 37-41 Wendell Street, Cambridge MA 02138

General Information for 37-41 Wendell Street, Cambridge MA 02138

Disclosures for 37-41 Wendell Street, Cambridge MA 02138

Financial Information for 37-41 Wendell Street, Cambridge MA 02138

Location Information for 37-41 Wendell Street, Cambridge MA 02138

Contact Information for 37-41 Wendell Street, Cambridge MA 02138

Agent

Office

Payment Calculator

Exclusive Listing Agent

Cushman & Wakefield

Christopher Sower