Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

332 Franklin St Unit 501 ST #501

Cambridge, MA ID #73547607

Property Description

PRICE REDUCTION TO $839,000 — RARE VALUE-ADD INVESTMENT / EQUITY-BUILDING OPPORTUNITY IN PRIME CAMBRIDGE. This east-facing 2-bedroom, 2-bath unit in the highly desirable Cyrus Fellows condo flooded with natural morning light and fifth floor elevated privacy. Strategic price improvement at $839,000 this property presents a rare opportunity for investors, contractors, or end-users to secure immediate upside and build equity in one of the most desired neighborhoods in Central Square, Cambridge.PROPERTY HIGHLIGHTS:Spacious Open-Concept Layout: The apartment features rich hardwood floors, a cozy wood fireplace, large windows, a private balcony with city views.Functional 2BD/2BA Floor Plan: The primary suite has an en-suite full bath, and ample closet space. The second bedroom offers a walk-in closet—an ideal layout for maximum rental return, roommates, or a home-office configuration.Essential Modern Conveniences: In-unit washer and dryer, forced-air heating, individually controlled in-wall heating and cooling units, elevator access, and a private storage locker.Deeded Garage Parking: Includes a coveted deeded garage parking space in a high-density neighborhood where parking commands a premium.Professionally managed, pet-friendly condominium association.Rentals permitted—capitalize on strong, continuous tenant demand driven by surrounding academic and biotechnology hubs. Offered firmly as is. UNBEATABLE RIVERSIDE LOCATION:Nestled between Harvard University and MIT, very close to Central Square, the MBTA Red Line, the Charles River, and an array of world-class dining, cafes, and parks. Exceptional Walk and Bike scores make this a prime location for urban professionals and students alike.Bring your design ideas and tap into instant equity in the heart of Cambridge!

Additional Details

  • Status: ACT
  • Type: Condo, Condominium
  • Style: Mid-Rise
  • Zip Code: 02139
  • HOA Fee: $648
  • Taxes: 5,874
  • Living Levels: 1
  • Unit Level: 5
  • Acres: 0.11

Parking

  • Garage: 1
  • Garage Capacity: 1
  • Parking: Garage Door Opener,Deeded,On Street,Paved,Attached,Garage
  • Parking Spaces: 2

Rooms/Dimensions

  • Total Units: 28
  • Total Floors: 1
  • Total Rooms: 4

Location

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332 Franklin St Unit 501 ST #501, Cambridge, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Deb Basu of eXp Realty LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.