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38 Gibson Street

Cambridge, MA 02138
  • $10,000,000
  • STATUS: Active
  • MLS #: 72921916
UPDATED: 77 min ago
$10,000,000
  • 20
    BEDS
  • 0.29
    ACRES
  • 18
    BATHS
  • 0
    1/2 BATHS
  • 999
    SQFT
  • $10,010
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Listing courtesy of John Pentore of Horvath & Tremblay.

Description

Gibson Terrace (38 Gibson Street), is an eighteen-unit (18) generational, brick investment property located in Cambridge, Massachusetts. Situated in an incredible urban infill location just off Mt. Auburn Street on a tree-lined residential street and surrounded by stately single-family homes, the Property is just 0.7 miles from Harvard Square and world-renowned Harvard University. Additionally located in close proximity to the property is Mt. Auburn Hospital, scenic Memorial Drive and the Charles River. The property (which is 18 individual condos under one ownership) consists of sixteen (16), 1-Bedroom/1-Bathroom units and two (2), 2-Bedroom/1-Bathroom townhouse style units in 12,138 square feet of living area on a 0.29-acre parcel. The Property has tremendous curb appeal with a brick exterior and an inviting central courtyard with brick walkways and meticulously maintained grounds. The opportunity exists to acquire a generational asset in one of the country's top real estate markets.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-12-01T18:09:21.083.
www.bkaye.com/homes/123422625
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38 Gibson Street Cambridge, MA 02138

  • Price: $10,000,000
  • Status: Active
  • On Site: Days
  • Updated: 77 min ago
  • MLS #: 72921916
20
Beds
18
Baths
0
½ Baths
0.29
Acres
999
SQFT
$10,010
$/SQFT
1930
Built
Neighborhood:
Harvard Square
County:
Middlesex
Area:
Harvard Square
Property Description
Gibson Terrace (38 Gibson Street), is an eighteen-unit (18) generational, brick investment property located in Cambridge, Massachusetts. Situated in an incredible urban infill location just off Mt. Auburn Street on a tree-lined residential street and surrounded by stately single-family homes, the Property is just 0.7 miles from Harvard Square and world-renowned Harvard University. Additionally located in close proximity to the property is Mt. Auburn Hospital, scenic Memorial Drive and the Charles River. The property (which is 18 individual condos under one ownership) consists of sixteen (16), 1-Bedroom/1-Bathroom units and two (2), 2-Bedroom/1-Bathroom townhouse style units in 12,138 square feet of living area on a 0.29-acre parcel. The Property has tremendous curb appeal with a brick exterior and an inviting central courtyard with brick walkways and meticulously maintained grounds. The opportunity exists to acquire a generational asset in one of the country's top real estate markets.
Exterior Features

Beachfront No Construction Brick Exterior Brick Exterior Features Garden Area Foundation Brick Lot Description Other (See Remarks) Parking Features On Street Permit Parking Spaces 0 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No

Interior Features

Basement Yes Basement Features Full Bedrooms Unit1 9 Bedrooms Unit2 9 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Flooring Wood Floors Unit1 1 Floors Unit2 2 Full Baths Unit1 9 Full Baths Unit2 9 Half Baths Unit1 9 Half Baths Unit2 9 Hot Water Natural Gas Levels 2 Levels Unit1 1 Levels Unit2 1 Rooms 198 Rooms Common Laundry Rooms Unit1 99 Rooms Unit2 99

Property Features

Amenities Public TransportationShoppingParkMedical FacilityT-StationUniversity Apod Available Yes Assessments 7003600.00 Disclosure No Expenses Source EstimatedOwner Provided Expenses Year End 99/99 Gross Operating Income 472488 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lender Owned No Multifamily Type 5+ Family - 5+ Units Up/Down Net Operating Income 353183 Rent Unit1 99 Rent Unit2 99 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2021 Taxes 40971.00 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning B

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of John Pentore of Horvath & Tremblay.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-12-01T18:09:21.083.
 
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BKaye Realty
1260 Sumner Ave
Springfield MA, 01118
Listing courtesy of John Pentore of Horvath & Tremblay.