$4,000,000

Estimated payment $21,901/month

Total Views 2,336
9 Beds
18 Baths
6,203 Sq Ft
$645 Price per Sq Ft

About This Home

Presenting the opportunity to acquire 37 Mellen Street, an institutionally owned and maintained building located between Harvard Square and Porter Square in Cambridge, Massachusetts. Currently configured as an office, the building offers immense value-add through redevelopment to multifamily residential or condominium conversions as well as the potential for new, ground-up residential construction, among other value-add potential and strategies. Situated between Harvard and Porter Squares, 37 Mellen St greatly benefits from its prime location in the Baldwin neighborhood of Cambridge. Multiple Universities have a significant presence in the area, which include academic and student housing facilities for both Harvard University and Lesley University. The property is part of the Mellen Street Collection, a portfolio of four buildings located on Mellen Street. Investors are invited to bid on the portfolio, sub-portfolios or individual buildings.

Listing Agent

Chris Sower

Cushman & Wakefield Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 5,940 Sq Ft Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 6,203 Sq Ft Home
  • 18 Fireplaces

Bedrooms and Bathrooms

  • 9 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 410550

Community Details

Overview

  • 9 Units
  • Property has 9 Levels

Building Details

  • Net Operating Income $9,999

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1890
  • Levels: 18
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 18

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 18
  • Total Bedrooms: 9
  • Full Bathrooms: 9
  • Half Bathrooms: 9
  • Total Bathrooms: 18
  • Total Bathrooms: 13.5
  • Above Grade Finished Sq Ft: 6203
  • Living Area: 6203
  • Spa YN: No
  • Stories Total: 18
  • MAIN LO: AN6656
  • LIST PRICE PER Sq Ft: 644.85
  • PRICE PER Sq Ft: 644.85

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 410550
  • Zoning: 9
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 5940
  • Lot Size Units: Acres
  • PAGE: 99

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9
  • Tax Book Number: 99

Multi Family

  • Gross Income: 9999
  • Net Operating Income: 9999
  • Number Of Units Total: 9
  • Total Actual Rent: 19998
  • LEVELS 1: 9
  • Basement Included Sq Ft: No
  • LEVELS 2: 9
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 9
  • FLRS 2: 9

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $2,419,300 $900,600 $1,518,700
2024 -- $2,458,800 $940,100 $1,518,700
2023 $0 $2,350,500 $940,100 $1,410,400
2022 $0 $2,215,100 $876,900 $1,338,200
2021 $0 $2,035,300 $725,900 $1,309,400
2020 $0 $1,940,900 $687,300 $1,253,600
2019 $0 $1,397,200 $586,900 $810,300
2018 $0 $1,302,200 $525,100 $777,100
2017 $0 $1,226,100 $463,300 $762,800
2016 -- $1,121,500 $363,500 $758,000
2015 -- $1,093,000 $335,000 $758,000
2014 -- $1,002,900 $320,800 $682,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $4,000,000 -- $645 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73395132

MLS Property Information Network (MLS PIN)

APN: CAMB-000156-000000-000092