35 Mellen Street Cambridge MA 02138 MLS #73395131

35 Mellen Street
Cambridge, MA, 02138
$5,500,000
9 Beds
13.5 Baths
8,576 SqFt
0.17 Acres
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Presenting the opportunity to acquire 35 Mellen Street, an institutionally owned and maintained building located between Harvard Square and Porter Square in Cambridge, Massachusetts. Currently configured as a dormitory, 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, 35 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.

Property Details

Price:
$5,500,000
MLS #:
73395131
Status:
Active
Beds:
9
Baths:
13.5
Address:
35 Mellen Street
Type:
Multi Family
Subtype:
5-9 Family
City:
Cambridge
Listed Date:
Jun 23, 2025
State:
MA
Finished Sq Ft:
8,576
Total Sq Ft:
8,576
ZIP:
02138
Lot Size:
7,569 sqft / 0.17 acres (approx)
Year Built:
1890
Units:
9
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Interior

Bathrooms
9 Full Bathrooms, 9 Half Bathrooms
Fireplaces Total
18

Exterior

Construction Materials
Frame
Roof
Shingle

Financial

Net Operating Income
$9,999
Tax Year
2025
Taxes
$9

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