$10,300,000
27
Beds
9/9
Baths
12,204
Living Area
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Property Description
*Offers on this property are due 5/16* Presenting 28 Wendell Street, a 12,204 SF, 3-story building located in the Harvard Square area of Cambridge, Massachusetts. 28F Wendell is a traditional apartment building featuring 14 market-rate studios. 28R Wendell is currently licensed for 13 rooms as a lodging house and college dormitory. Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, this property presents immense value-add potential through the potential redevelopment to multifamily residential and condominium conversions, among other options and strategies. 28 Wendell Street is situated in one of the most esteemed locations in the world with unmatched access to many of the nation’s top colleges and universities, technology and bio-tech employers and many of the region’s best shopping and dining amenities. The property is located within a 10-minute walk of a MBTA Redline station, as well as Harvard and Lesley University.
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Highlights
- Property Class: Residential Income
- Total Rooms: 27
- Status: Closed
- Property Type: 5+ Family - 5+ Units Up/Down
- Year Built: 1930
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Additional Details
- Construction: Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
- Year Built Details: Actual
- Zoning: 9
- Fireplaces: 18
- Lot Features: Other
- Total Number of Units: 27
- Year Built Source: Public Records
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $9
- Compensation Based On: Gross/Full Sale Price
- Taxes: $9
- Buyer Agent Compensation: 2.0%
- Tax Year: 9
- Total Rent: $19,998
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