Fred Meyer

University Real Estate

38 Gibson StreetUnder Agreement

Harvard Square Cambridge, MA, 02138
$10,000,000
Multi-family
Remarks: 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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  • Expenses Source:Estimated,Owner Provided
  • Gross Expenses:119305
  • Gross Income:472488
  • Net Income:353183
  • Basement:Y
  • Basement Features:Full
  • Construction:Brick
  • Fireplaces:0
  • Garage Spaces:0
  • Living Area:999.00
  • Roof Materials:Asphalt/Fiberglass Shingles
  • Rooms:198
  • Year Built:1930
  • Directions:Off Mt. Auburn Street
  • Sewer:City/Town Sewer
  • Water:City/Town Water
  • Disclosures:N
  • Listing Status:Under Agreement
  • Lot Description:Other (See Remarks)
  • Status Alert?:No
  • Exterior Features:Garden Area
  • Flooring:Wood
  • Acres:0.29
  • Lot Size:12632.00
  • Parking:On Street Permit
  • Parking Spaces:0
  • Price/sqft:10010.01
  • Zoning:B
  • Total Bedrooms:20
  • Total Fireplaces:0
  • Total Floors:3
  • Total Full Baths:18
  • Total Half Baths:0
  • Total Levels:2
  • Total Rooms:99
  • Total Units:18
  • Bedrooms:20
  • Full Baths:18
  • Half Baths:0
  • Total Rooms:198
  • Village/neighborhood:Harvard Square
  • Tax Year:2021
  • Taxes:40971.00
  • Bedrooms:9
  • Fireplaces:0
  • Floor:1
  • Full Baths:9
  • Half Baths:9
  • Lease:Y
  • Levels:1
  • Rent:99
  • Rooms:99
  • Bedrooms:9
  • Fireplaces:0
  • Floor:2
  • Full Baths:9
  • Half Baths:9
  • Lease:Y
  • Levels:1
  • Rent:99
  • Rooms:99
  • Multi Family Type:5+ Family - 5+ Units Up/Down
Better Estimate
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 pr...
Listing agent - John Pentore
Listing office - Horvath & Tremblay

Fred Meyer

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