118 Magazine St, Cambridge MA 02139

Cambridge, MA 02139
$2,000,000
Est. $10,645/month
1
Baths
5,996
Sq Ft
$334
Price/Sq Ft
0.08
Acres
1922
Year Built
2 Family - 2 Units Side by Side
Type
1
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73164146

About this home

Attention developers, small business owners, and intrepid homeowners--a corner property in the heart of Cambridgeport brimming with potential! With nearly 6,000 square feet of gross interior space, this 1922 storefront building is currently being using as an office. The city places it in a C zone, with both commercial and residential uses allowed. A dramatic skylit entry foyer bisects the space, with large open rooms and private offices on either side. Downstairs are two more large rooms, along with two bathrooms and a kitchenette. Both lower and upper floors boast 8'10" +/- ceilings. The flat roof was replaced in 2017. Property will be delivered vacant.

Sale Statistics

Sale Overview
Original List Price: $1,999,999
Final Sale Price: $2,000,000
Difference: +$1 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $334
Sale $/sq ft: $334
This property sold for $334 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

With only 1 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Side by Side
Property Category
Residential Income
Year Built
1922
Half Bathrooms
2
Living Area
5,996 sq ft
Total Rooms
9
Stories
4
Levels
4

Interior Features

Flooring
Wood, Concrete
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Basement Details
Full
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Brick
Roof
Rubber
Foundation
Stone
Has Spa
No
Waterfront Features
River, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,650 sq ft
Lot Size Area
0.0800
Lot Features
Corner Lot
Frontage Length
100 ft

Parking & Garage

Has Garage
No
Parking Features
On Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$24,122
Tax Year
2023
Tax Assessed Value
$2,256,200
Parcel Number
M:00102 L:00025,404711
Zoning
C

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Currently used as office space. Two of the four heating/cooling units (for the lower level spaces) do not work. Ask listing agent about monthly rent/lease
Listing Terms
Contract

Location

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Neighborhood

118 Magazine St, Cambridge MA 02139

Cambridge, MA 02139

Walkability

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Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $2,010
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0%
Price Range
2
Total Days on Market

Property Timeline

âś“
Sold
Nov 30, 2023
$2,000,000
Property sold
Days on Market: 2
🏠
Listed for Sale
Sep 27, 2023
$1,999,999
Original listing
Agent: Bigelow/Irving Office: Compass

Price & Status History

Date Event Price Change
Sep 27, 2023 New Listing Added $1,999,999 —

Market Statistics

Days on Market
1 days
Price per Sq Ft
$334

Tax History

Year Taxes Assessment
2023 $24,122 $2,256,200

Financial Details

Annual Property Tax
$24,122
Tax Year 2023
Assessed Value
$2,256,200

Listing Information

Listing Agent Bigelow/Irving
Listing Office Compass
Agent MLS ID TM309527
Office MLS ID AN2606

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