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22-24 Magazine Street, Cambridge MA 02139 - Preview 1 22-24 Magazine Street, Cambridge MA 02139 - Preview 2 22-24 Magazine Street, Cambridge MA 02139 - Preview 3 22-24 Magazine Street, Cambridge MA 02139 - Preview 4 22-24 Magazine Street, Cambridge MA 02139 - Preview 5 22-24 Magazine Street, Cambridge MA 02139 - Preview 6 22-24 Magazine Street, Cambridge MA 02139 - Preview 7 22-24 Magazine Street, Cambridge MA 02139 - Preview 8 22-24 Magazine Street, Cambridge MA 02139 - Preview 9 22-24 Magazine Street, Cambridge MA 02139 - Preview 10
22-24 Magazine Street, Cambridge MA 02139 - Preview 1 22-24 Magazine Street, Cambridge MA 02139 - Preview 2 22-24 Magazine Street, Cambridge MA 02139 - Preview 3 22-24 Magazine Street, Cambridge MA 02139 - Preview 4 22-24 Magazine Street, Cambridge MA 02139 - Preview 5 22-24 Magazine Street, Cambridge MA 02139 - Preview 6 22-24 Magazine Street, Cambridge MA 02139 - Preview 7 22-24 Magazine Street, Cambridge MA 02139 - Preview 8 22-24 Magazine Street, Cambridge MA 02139 - Preview 9 22-24 Magazine Street, Cambridge MA 02139 - Preview 10

22-24 Magazine Street, Cambridge MA 02139

Cambridge, MA 02139
$12,000,000
Est. $66,168/month
47
Beds
24
Baths
16,384
Sq Ft
$732
Price/Sq Ft
0.18
Acres
2019
Year Built
5+ Family - 5+ Units Up/Down
Type
63
Days on Market
Pending Listed Mar 10, 2026 • MLS# 73484648 Copied!

About this home

22-24 Magazine Street offers 12 apartment units and is located within the Central Square neighborhood of Cambridge. The property is comprised of one four-story building with basement. Originally constructed in 1905, the building experienced a fire in late-2017, and ownership has since invested substantial capital in undertaking property-wide upgrades to building and life safety systems, as well as in-unit finish levels, with all apartments now fully gut-renovated and offering condo-quality finish levels.With 11-4 bed, 2 bath and 1-3 bed, 2 bath apartments averaging 1,365 square feet, 22-24 Magazine Street offers some of the largest and most desirable layouts in all of Cambridge. Each apartment offers open concept kitchens, in-unit laundry, stainless appliance packages, central AC, and private oversized balcony/patio spaces, further boosting the desirability of the product and unlocking additional opportunity for future organic rent growth.

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Public Records

Current Owner

Owner MIT 22 MAGAZINE ST FEE OWNER LLC
Mailing Address ONE BROADWAY 9TH FL. SUITE 200, CAMBRIDGE, MA, 02142

Land Use

Use Code 112
Description Apartments (8+ units)
Zoning C
Style APARTMENTS

Tax Information

Assessed Value $9,516,800
Tax Rate $5.86 per $1,000
Base Tax $55,768
CPA Surcharge 3% ($1,655)
Estimated Annual Tax $57,424

Assessment History

Year Land Building Total Change
FY2026 $2,316,000 $7,200,800 $9,516,800 —

Sale History

Date Price Book/Page
Aug 24, 2016 $10 67876/0501

Building Permit History

Issued Type / Work Status Value
Jan 15, 2019 Building: Alteration and Addition
Multi-Family (3 units or greater)
demolition work only
By NorthStar Contracting Group Inc
Permit #qu2z-8suj:29548 		Open —
Jan 15, 2019 Building: Alteration and Addition
Multi-Family (3 units or greater)
Interior framing, new drywall, plumbing,electrical sprinkler, Fire Alarm and HVAC. and all new interior finishes. And New exterior siding…
By Dimeo Construction
Permit #qu2z-8suj:21926 		Open $5,000,000
Jan 15, 2019 Building: Alteration and Addition
Multi-Family (3 units or greater)
(Reference Permit 21926, this is one construction Project).  Interior framing, new drywall, plumbing, electrical, sprinkler, fire alarm and…
By Dimeo Construction
Permit #qu2z-8suj:29554 		Open —
Data: City of Cambridge Open Data (data.cambridgema.gov)

Municipal Context: CAMBRIDGE

Median Home Value $925,000
Avg SF Tax Bill $8,175
Residential Tax Rate $5.86/1000
CPA Surcharge 3%
County Middlesex

Property Data Comparison

Discrepancies found between MLS and assessor records.

Field Assessor MLS Match
Sqft 27,074 16,384 ✗
Year built 1,905 2,019 ✗
Match: geocode_proximity (88.8% confidence) · Data as of Jun 1, 2026

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
2019
Bedrooms
47
Full Bathrooms
24
Living Area
16,384 sq ft
Total Rooms
71
Stories
4
Levels
4

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 2019
Living Area 16,384 sq ft
Lot Size 0.18 acres
Bedrooms 47
Full Baths 24
Total Rooms 71

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $63,477
Assessed Value $9,516,800

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 2019
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter, Brick/Mortar
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

22-24 Magazine Street, Cambridge MA 02139

Cambridge, MA 02139

Walkability

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Nearby Schools

School District
Cambridge School District local
A-
🎓 Where Graduates Go Class of 2021
65% attend college
58% 4-Year 7% 2-Year 23% Out of State 7% Working
✓ School Safety 2024-25
1.2% Low
0.8% Suspensions 0.2% In-School 0.4% Emergency
↓ 4.3% below state avg
E

Elementary Schools

10 schools
A
Amigos School
0.1 mi | #45 of 352 | Score: 57.8
Improved 14 spots from last year
-0.5 below state avg
413 students Diverse
Diverse Student Body
Grades PK-08
C
Prospect Hill Academy Charter School
0.4 mi | #253 of 346 | Score: 45.9
Improved 29 spots from last year
-12.3 below state avg
890 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades PK-12
St. Peter Elementary School
1.7 mi
Grades PK-08
Shady Hill School
1.8 mi
Grades PK-08
Cambridge Montessori School
2.1 mi
Grades PK-06
Cambridge Friends School
2.1 mi
Grades PK-08
A
Benjamin Banneker Charter Public School
2.4 mi | #100 of 824 | Score: 59.4
Dropped 79 spots from last year
+1.2 above state avg
352 students Less Diverse
Grades PK-06
Lycee International de Boston/International School of Boston, Inc.
3.0 mi
Grades 01-12
Fayerweather Street School
3.1 mi
Grades PK-08
A+
Martin Luther King Jr. School
0.5 mi | #22 of 824 | Score: 64.5
Improved 21 spots from last year
+6.3 above state avg
340 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

5 schools
Allium Montessori School
1.2 mi
Grades 01-06
A-
Putnam Avenue Upper School
0.5 mi | #103 of 352 | Score: 49.1
Dropped 24 spots from last year
-9.1 below state avg
283 students Very Diverse
Diverse Student Body
Grades 06-08
C+
Cambridge Street Upper School
0.9 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
1.1 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
A
Rindge Avenue Upper School
2.3 mi | #67 of 352 | Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Farr Academy School
< 0.1 mi
Grades 07-12
NuVu Innovation School
0.2 mi
Grades 08-12
B-
Community Charter School of Cambridge
1.1 mi | #178 of 346 | Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $5,290
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

⏳
Pending Sale
May 13, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Mar 10, 2026
$12,000,000
Original listing

Price & Status History

Date Event Price Change
Mar 10, 2026 New Listing Added $12,000,000 —

Market Statistics

Days on Market
63 days
Price per Sq Ft
$732

Tax History

Year Taxes Assessment
2026 $63,477 $9,516,800

Financial Details

Annual Property Tax
$63,477
Tax Year 2026
Assessed Value
$9,516,800

Listing Information

Listing Agent John McLaughlin
Listing Office CBRE, Inc
Agent MLS ID CN254297
Office MLS ID AN4987
Listing Data Updated May 13, 2026 9:51 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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22-24 Magazine Street, Cambridge MA 02139 - Photo 1 22-24 Magazine Street, Cambridge MA 02139 - Photo 2 22-24 Magazine Street, Cambridge MA 02139 - Photo 3 22-24 Magazine Street, Cambridge MA 02139 - Photo 4 22-24 Magazine Street, Cambridge MA 02139 - Photo 5 22-24 Magazine Street, Cambridge MA 02139 - Photo 6 22-24 Magazine Street, Cambridge MA 02139 - Photo 7 22-24 Magazine Street, Cambridge MA 02139 - Photo 8 22-24 Magazine Street, Cambridge MA 02139 - Photo 9 22-24 Magazine Street, Cambridge MA 02139 - Photo 10
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