196-198 Franklin Street, Cambridge MA 02139

Cambridge, MA 02139 • Cambridgeport
$1,500,000
Est. $7,984/month
2
Beds
3
Baths
2,248
Sq Ft
$667
Price/Sq Ft
0.09
Acres
1833
Year Built
Multi Family
Type
49
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73124677

About this home

An exceedingly rare investment opportunity, this single-lot property showcases two antique free-standing homes. The first home features an expansive first floor. Through the foyer you are greeted by the living room with a box window and an adjacent office. The large dining room has a built-in china cabinet, and flows into the 20' eat-in kitchen with a peninsula and sliding doors to the yard. There is a full bath and laundry room on this floor. Upstairs there are two bedrooms. The second home offers a smaller footprint, with the first floor comprised of a living room, eat-in kitchen, full bathroom & mudroom/laundry. Upstairs there are two spacious bedrooms, an office, and hall bathroom. Outside there are gardens and a driveway. Living here offers easy access to the T and 47 Bus to the Longwood Medical Area & Fenway. Conveniently located in close proximity to restaurants, performing arts, and riverfront parks. Only minutes to Harvard, MIT, public schools, and innovative Kendall Square.

Sale Statistics

Sale Overview
Original List Price: $1,650,000
Final Sale Price: $1,500,000
Difference: $150,000 (-9.1%)
Performance Metrics
90.9%
List to Sale Ratio
Sold below asking price
49
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $734
Sale $/sq ft: $667
This property sold for $667 per square foot
Sale Summary

This property sold for 9.1% below the original asking price.

The property spent 49 days on market before selling.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1833
Bedrooms
2
Full Bathrooms
3
Living Area
2,248 sq ft
Total Rooms
12
Stories
4
Levels
4

Interior Features

Has Fireplace
No
Interior Features
Pantry, Living Room, Dining Room, Kitchen, Laundry Room, Office/Den
Window Features
Box/Bay/Bow Window(s)

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Exterior Features
Garden
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
3,749 sq ft
Lot Size Area
0.0900
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,205
Tax Year
2023
Tax Assessed Value
$1,775,300
Parcel Number
403753
Zoning
Res C-1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Building 2 was constructed in 1902. Taxes reflect residential exemption.

Location

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Neighborhood

Cambridgeport

196-198 Franklin Street, Cambridge MA 02139

Cambridge, MA 02139

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $767
Homeowners Insurance $200
PMI $0

Property History

Market Insights

50
Total Days on Market

Property Timeline

Sold
Sep 18, 2023
$1,500,000
Property sold
Days on Market: 50
🏠
Listed for Sale
Jun 14, 2023
$1,500,000
Original listing
Agent: Gail Roberts, Ed Feijo & Team Office: Coldwell Banker Realty - Cambridge

Price & Status History

Date Event Price Change
Jun 14, 2023 New Listing Added $1,500,000

Market Statistics

Days on Market
49 days
Price per Sq Ft
$667

Tax History

Year Taxes Assessment
2023 $9,205 $1,775,300

Financial Details

Annual Property Tax
$9,205
Tax Year 2023
Assessed Value
$1,775,300

Listing Information

Listing Agent Gail Roberts, Ed Feijo & Team
Listing Office Coldwell Banker Realty - Cambridge
Agent MLS ID TM331934
Office MLS ID AN6200

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