38 Gibson Street

Cambridge, MA 02138

$10,580,000
Last Sold Price
20
Beds
18
Baths
999 Sq. Ft.
$10,591 / Sq. Ft.
999
Sq. Ft.
$10,591
per Sq. Ft.

Description

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...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.
  1. Listed by John Pentore • Horvath & Tremblay
  2. Listed by Dennis Kelleher • Horvath & Tremblay

Property Details for 38 Gibson Street

Town
Cambridge
MLS Area
Harvard Square
Area
MA-Cambridge-Harvard Square, MA-Cambridge
Style
Garden
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 08/06/2022 07:51 AM

Property Details for 38 Gibson Street

StatusSold
MLS #72921916
Days on Market21
Taxes$40,971 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1930
CountyMiddlesex County

Building Information for 38 Gibson Street

Stories3Residences18Year Built1930Building Size-Lot Size0.29 AC / 12,632 SF

Property Information for 38 Gibson Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, T-Station, University
  • Current Financing: Other
  • Living Area: 999.0
  • Total Units: 18
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full
  • Num of Baths: 18.0
  • Num of Full Baths: 18
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 18.00
  • Bathrooms Total Integer: 18
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • Laundry Features: Laundry Room
Exterior Features
  • Construction: Brick
  • Exterior Features: Garden
  • Exterior Features: Garden Area
  • Lot Description: Other
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 416105
  • Assessments: $7,003,600
  • Book: 71079
  • Tax Year: 2021
  • Zoning: B
Building / Association Information
Living Characteristics
  • Beds Total: 20
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar
Income / Expenses
  • Annual Expenses Source: Estimated, Owner
  • GOI: $472,488.00
  • GRE: $119,305
  • NOI: $353,183.00
  • Operating Expense: $119,305.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $198.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 1.25
  • Other Agent Compensation: 0

Property History for 38 Gibson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38 Gibson Street

Taxable ValueLand-Additions-Total-
Home Facts
Unfinished Basement SqFt5,166 SqFtLot Size12,506 SqFtStyleGovernmental / Public UseZoningBCountyMIDDLESEXAPNCAMB M:00221 L:00077

Schools near 38 Gibson Street

This home is within Cambridge School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Graham and Parks School
PublicPK to 5

Vassal Lane Upper School
Public6 to 8

Cambridge Rindge and Latin School
Public9 to 12

John M. Tobin Montessori School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Horvath & Tremblay, John Pentore; Horvath & Tremblay, Dennis Kelleher

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.