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5 Phillips Place Cambridge, MA 02138
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Key Details
Sold Price $4,250,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 7,930 sqft
Price per Sqft $535
MLS Listing ID 73104006
Sold Date 08/31/23
Bedrooms 9
Full Baths 9
Half Baths 9
Year Built 1860
Annual Tax Amount $9
Tax Year 9
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
*Offers on this property are due 5/16* Presenting 5 Phillips Place, a 7,930 SF, 3-story building located in the Harvard Square area of Cambridge, Massachusetts. 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. 5 Phillips Place 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.
Location
State MA
County Middlesex
Zoning 9
Direction From Brattle Street, turn onto Mason Street then onto Phillips Place
Interior
Fireplaces Number 18
Exterior
Roof Type Shingle
Garage No
Building
Lot Description Other
Story 18
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less
Bought with Christopher Sower • Cushman & Wakefield