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94-98 Banks Street, Cambridge MA 02138 – 6 bed 3 bath For Sale – 73357255

$ 2,880,000
94-98 Banks Street, Cambridge MA 02138, ,

Overview

  • Updated On:
  • April 13, 2025
  • listingid
  • 73357255
  • 6 Bedrooms
  • 3 Bathrooms
  • 0 Garage Spaces
  • 3 Non-Garage Parking Spaces
  • 1886

Description

Rare opportunity in the “Golden Triangle” of Harvard Square,beautifully renovated multi-family property located at 96-98 Banks St. This address offers a unique investment opportunity or perfect option for those seeking a versatile living space. Property boasts a total of six bedrooms and three baths, thoughtfully distributed to maximize both privacy and functionality. Currently taxed as three individual condo units.Step outside each unit to discover a private deck, a serene retreat perfect for relaxation or outdoor gatherings, offering a peaceful escape from the hustle and bustle of city life.Convenience is further enhanced with on-site parking w/ an electric charging station, a valuable feature in this sought-after location. Prime location provides easy access to the vibrant amenities and cultural offerings of Cambridge, ensuring a dynamic lifestyle for its residents.Whether you’re looking to invest or create your own urban oasis, this multi-family home offers endless possibilities

This property is listed by Elizabeth Wolf from Compass

Property Listing Details

Overview

MLS Status
Price $ 2,880,000
Living Area 2,360.00 ft2
Bedrooms 6
Total Rooms 12
Listing MLS ID 73357255
Days on Market 4
Bathrooms 3

Unit Information

Bedrooms 6
Full Bathrooms 3
Half Bathrooms 0
Cooling Ductless
Heating Baseboard,Ductless
Uncovered Parking 3
Garage Parking 0
Water View
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement
Patio And Porch Features Deck,Covered
Parking Features Off Street,Driveway
Waterview Features
Flooring Wood

Building Information

Building Name
Units in Building 3
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials
Year Built 1886
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement
Roof

Additional Details

Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Bike Path,Highway Access,University
Disclosures Please see upgrades made to the property attached.
Last Updated 2025-04-13T08:05:00.000Z
Building Area Source Other
MLS PIN Page
Parcel Number
Original List Price 2880000
Listing Office compass
Tax Annual Amount 15875.64
Tax Assessed Value 2500100
Tax Book Number 131
Tax Year 2025
Year Built Details Approximate
Year Built Source Public Records
Zoning C-1
Listing Agent elizabeth wolf

Property Address

Address: 94-98 Banks Street, Cambridge MA 02138
City:
State/County:
Zip: 02138
Country: United States

Amenities and Features

Other Features
Ceiling Fan(s)
Dishwasher
Dryer
Has Cooling System
Has Heating System
Microwave
Open Parking
Range
Refrigerator
Washer

Payment Calculator

$ 16,501.64
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 13,813.64

Map

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Schools
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Hospitals

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94-98 Banks Street, Cambridge MA 02138 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

94-98 Banks Street, Cambridge MA 02138 – 6 bed 3 bath For Sale – 73357255

$ 2,880,000

Status:

94-98 Banks Street, Cambridge MA 02138, , , 02138

Country: United States

Property Overview

MLS #: 73357255

Type: /

Action:

Year Built: 1886 (Approximate, Source: Public Records, Effective: )

Living Area: 2,360.00 ft2 (Total: 2360 Square Feet, Source: Other)

Lot Size: 0.05 ft2 (Area: 0.05 Acres, SqFt: 2335)

Total Rooms: 12

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 6 (Main Level: )

Bathrooms: Total: 3 (Full: 3, Half: 0, Decimal: 3, Main Level: )

Basement:

Fireplaces: 0 ()

Flooring: Wood

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials:

Foundation: Irregular (Area: )

Roof:

Stories: 6 (6)

Common Walls:

Body Type:

Utilities & Green Features

Heating: Baseboard,Ductless

Cooling: Ductless

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: (Expense: 660)

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 3

Parking Features: Off Street,Driveway

Pool:

Spa:

Patio/Porch: Deck,Covered

Fencing:

Lot Features: Corner Lot

View: (, Waterview Y/N: )

Waterfront:

Road Frontage: ()

Road Surface: Paved

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Bike Path,Highway Access,University

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: C-1 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Rare opportunity in the “Golden Triangle” of Harvard Square,beautifully renovated multi-family property located at 96-98 Banks St. This address offers a unique investment opportunity or perfect option for those seeking a versatile living space. Property boasts a total of six bedrooms and three baths, thoughtfully distributed to maximize both privacy and functionality. Currently taxed as three individual condo units.Step outside each unit to discover a private deck, a serene retreat perfect for relaxation or outdoor gatherings, offering a peaceful escape from the hustle and bustle of city life.Convenience is further enhanced with on-site parking w/ an electric charging station, a valuable feature in this sought-after location. Prime location provides easy access to the vibrant amenities and cultural offerings of Cambridge, ensuring a dynamic lifestyle for its residents.Whether you’re looking to invest or create your own urban oasis, this multi-family home offers endless possibilities

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 3

Units Owner Occupied:

Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 3300, Lease: Y

Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 4200, Lease: Y

Unit 3: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 4100, Lease: Y

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 15875.64 (Year: 2025)

Tax Assessed Value: 2500100

Tax Block/Lot/Book/Map: / / 131 /

Parcel Number:

Special Licenses:

Current Financing:

Gross Income: 139200 (Scheduled: )

Net Operating Income: 107862

Operating Expense: 31338 (Water/Sewer: 1790, Insurance: 4278)

Financial Data Source: Estimated,Owner

APOD Available: Yes

Tenant Pays:

Rent Includes: Unit 1(Water),Unit 2(Water),Unit 3(Water)

Total Actual Rent: 11600

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Elizabeth Wolf (MLS ID: CT007828) / Team: CN227235

Listing Office: Compass (MLS ID: AN2606)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-04-09

Expiration Date: 1900-01-01

Original List Price: 2880000

Price Per SqFt (List): 1220.34

Market Time (Property): 4 (Broker: 4, Prev Broker: 0, Prev Property: 0)

MLS Status: Active

Possession:

Directions: Memorial Dr to Flagg to Banks Street. Mt Auburn to Banks Street if walking.

Disclosures: Please see upgrades made to the property attached., N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: Does not include decks or storage units (Incl. Base: No, Other: )

Master Book/Page: / (Page: 51)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 2021134

Modification Timestamp: 2025-04-13T08:05:00.000Z

Bridge Modification Timestamp: 2025-04-13T08:09:30.768Z

Original Entry Timestamp: 2025-04-09T17:50:00.000Z

Status Change Timestamp: 2025-04-09T17:50:00.000Z

Off Market Date:

Development Status:

Business Type:

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