5 Phillips Pl

7,930 Sq. Ft.
$536 / Sq. Ft.
7,930
Sq. Ft.
$536
per Sq. Ft.

Description

Offers on this property are due 5/16 Presenting 5 Phillips Place, a 7,930 SF, 3-story building located in the Harvard Square area of Cambridge, Massachusetts. Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, this property presents immense value-add potential through the potential redevelopment to multifamily residential and condominium conversions, among other options and strategies. 5 Phillips Place is situated in one of the most esteemed locations in...Offers on this property are due 5/16 Presenting 5 Phillips Place, a 7,930 SF, 3-story building located in the Harvard Square area of Cambridge, Massachusetts. Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, this property presents immense value-add potential through the potential redevelopment to multifamily residential and condominium conversions, among other options and strategies. 5 Phillips Place is situated in one of the most esteemed locations in the world with unmatched access to many of the nation’s top colleges and universities, technology and bio-tech employers and many of the region’s best shopping and dining amenities. The property is located within a 10-minute walk of a MBTA Redline station, as well as Harvard and Lesley University.
  1. Listed by Christopher Sower • Cushman & Wakefield

Property Details for 5 Phillips Place

Town
Cambridge
Area
MA-Cambridge
Garage Spaces
0
Open Parking Spaces
.00
LISTING UPDATED: 09/05/2023 12:40 PM

Property Details for 5 Phillips Place

StatusSold
MLS #73104006
Days on Market54
Taxes$9 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1860
CountyMiddlesex County

Location

Listing Courtesy of Cushman & Wakefield, Christopher Sower

Sold By Cushman & Wakefield, Christopher Sower

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Building Information for 5 Phillips Place

Stories18Residences9Year Built1860Building Size-Lot Size0.27 AC / 11,686 SF

Payment Calculator

$20,627 per month

30 year fixed, 6.11% Interest

Principal and Interest

$20,626

Property Taxes

$1

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Phillips Place

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Private
  • Living Area: 7930.0
  • SqFt with Basement: No
  • Total Units: 9
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 18.0
  • Num of Full Baths: 9
  • Num of Half Baths: 9
  • Bathrooms Total Decimal: 13.50
  • Bathrooms Total Integer: 18
  • FireplaceYN: Yes
  • Fireplaces: 18
  • SpaYN: No
Exterior Features
  • Construction: Stone
  • Lot Description: Other
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 411195
  • Assessments: $9
  • Book: 99
  • Tax Year: 9
  • Zoning: 9
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 18
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $.00
  • GRE: $0
  • NOI: $.00
  • Operating Expense: $.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 9
  • Lease U1: N
  • Levels U1: 9
Unit 2 Description
  • Floor U2: 9
  • Lease U2: N
  • Levels U2: 9
Rental Info
Rental Info
  • Total Actual Rent: $19,998.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 0

Property History for 5 Phillips Place

DateEvent & SourcePriceAppreciation
Aug 31, 2023

Sold

MLS PIN #73104006

$4,250,000
Jun 20, 2023

Under Agreement

MLS PIN #73104006

Jun 20, 2023

Contingent

MLS PIN #73104006

Apr 27, 2023

Listed (Active)

MLS PIN #73104006

$4,400,000
Oct 2, 2008

Sold (Public Record)

Public Record #256627732

$7,500,000

+15.2% / yr

Jun 30, 1998

Sold (Public Record)

Public Record #87683590

$1,750,000
Jun 30, 1998

Sold

MLS PIN #50495720

$1,750,000
Apr 7, 1998

Under Agreement

MLS PIN #50495720

Apr 7, 1998

Contingent

MLS PIN #50495720

Apr 7, 1998

Listed (Active)

MLS PIN #50495720

$1,650,000
DateEvent & SourcePrice
08/31/2023

Sold

MLS PIN #73104006

$4,250,000
06/20/2023

Under Agreement

MLS PIN #73104006

06/20/2023

Contingent

MLS PIN #73104006

04/27/2023

Listed (Active)

MLS PIN #73104006

$4,400,000
10/02/2008

Sold (Public Record)

Public Record #256627732

$7,500,000

+15.2% / yr

06/30/1998

Sold (Public Record)

Public Record #87683590

$1,750,000
06/30/1998

Sold

MLS PIN #50495720

$1,750,000
04/07/1998

Under Agreement

MLS PIN #50495720

04/07/1998

Contingent

MLS PIN #50495720

04/07/1998

Listed (Active)

MLS PIN #50495720

$1,650,000

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

Public Records for 5 Phillips Place

Taxable ValueLand$2,912,700Additions$1,392,800Total$4,305,500
Tax Record2025$27,340 ($2,278 / month)
Home Facts
Beds5Total Finished SqFt4,574 SqFtAbove Grade Finished SqFt4,574 SqFtUnfinished Basement SqFt1,985 SqFtStories3Lot Size11,686 SqFtStyleSingle Family ResidenceYear Built1860ZoningA-2CountyMIDDLESEXAPNCAMB M:00170 L:00036Fireplace TypeHas Fireplace

Schools near 5 Phillips Place

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

Putnam Avenue Upper School
Public6 to 8

Cambridge Rindge and Latin School
Public9 to 12

Maria L. Baldwin 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.

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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Cushman & Wakefield, Christopher Sower

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.