Property Description

Presenting the opportunity to acquire 35 Mellen Street, an institutionally owned and maintained building located between Harvard Square and Porter Square in Cambridge, Massachusetts. Currently configured as a dormitory, the building offers immense value-add through redevelopment to multifamily residential or condominium conversions as well as the potential for new, ground-up residential construction, among other value-add potential and strategies. Situated between Harvard and Porter Squares, 35 Mellen St greatly benefits from its prime location in the Baldwin neighborhood of Cambridge. Multiple Universities have a significant presence in the area, which include academic and student housing facilities for both Harvard University and Lesley University. The property is part of the Mellen Street Collection, a portfolio of four buildings located on Mellen Street. Investors are invited to bid on the portfolio, sub-portfolios or individual buildings.