121 Hampshire Street, Cambridge MA 02139

Cambridge, MA 02139
$1,275,000
Est. $7,260/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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0.09
Acres
1988
Year Built
3
Days on Market
Sale Pending Listed Nov 1, 2024 • MLS# 73308956 Copied! • Updated Jul 2, 2026

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About this home

Development opportunity in the heart of Cambridge. Located on the corner of Columbia and Hampshire Streets and close to Central Sq., Inman Sq. and MIT this free standing building has so much potential. Heavy traffic area. This property has many different commercial uses or could be potentially torn down and developed into something brand new. Sold as-is and very easy to show. Priced to sell. Call LA and make an appointment today.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Nov 2, 2024
$1,275,000
Original listing
Agent: Martin Loughnane Office: The Johnson Group
🏠
Listed for Sale
Nov 2, 2024
$1,275,000
Original listing

Tax History

Year Taxes Assessment
2024 $7,357

Financial Details

Annual Property Tax
$7,357
Tax Year 2024

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1988
Lot Size 0.09 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $7,357
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
Sale Pending
Year Built
1988

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1988
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
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Lot Features:
Road Surface:

Parking & Garage

Parking Features:
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

3 schools
A-
Cambridgeport School
< 0.1 mi | #217 of 825 | Score: 53.9
Improved 89 spots from last year
-4.3 below state avg
256 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
B
Fletcher/Maynard Academy
0.2 mi | #7 of 12 | Score: 41.9
Improved 616 spots from last year
-16.3 below state avg
235 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
King Open School
0.3 mi | #473 of 825 | Score: 45.4
Dropped 152 spots from last year
-12.8 below state avg
437 students Very Diverse
Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
B-
Cambridge Street Upper School
0.3 mi | #207 of 352 | Score: 39.9
Dropped 19 spots from last year
-18.3 below state avg
317 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
0.5 mi | #119 of 352 | Score: 47.6
Improved 25 spots from last year
-10.6 below state avg
296 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
A-
Putnam Avenue Upper School
0.9 mi | #104 of 352 | Score: 49.2
Dropped 25 spots from last year
-9 below state avg
286 students Very Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
NuVu Innovation School
0.5 mi
Grades 08-12
B-
Community Charter School of Cambridge
0.6 mi | #205 of 346 | Score: 51.9
Dropped 84 spots from last year
-6.3 below state avg
244 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
Farr Academy School
0.7 mi
Grades 07-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $613
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

-0.5% Rate
$0/mo
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Current Rate
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+0.5% Rate
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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.

Location

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Neighborhood

121 Hampshire Street, Cambridge MA 02139

Cambridge, MA 02139

Listing Information

Listing Agent Martin Loughnane
Listing Office The Johnson Group
Office Phone 781-436-2888
Agent MLS ID CN236511
Office MLS ID AC1806
Listing Data Updated Jul 2, 2026 6:14 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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Steve Novak Real Estate
Steve Novak Real Estate
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