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Property Database

424-464 Massachusetts Ave

Property Information

Property Class MULTIUSE-COM
State Class Code 31
Zoning (Unofficial) BB-CSQ
Map/Lot 92-132
Land Area (sq. ft) 41,161

Property Value

Year of Assessment2025
Tax DistrictC3
Residential ExemptionNo
Building Value$13,062,400
Land Value$7,654,500
Assessed Value$20,716,900
Sale Price$10
Book/Page67893/432
Sale DateAugust 26, 2016
Previous Assessed Value$21,836,000

Owner Information

Owner(s)MIT 424-456 MASSACHUSETTS AVENUE LLC
C/O MIT INVESTMENT MGMT CO
ONE BROADWAY. 9TH FL, SUITE 200
CAMBRIDGE, MA 02142

Building Information

Commercial Building Number 1, Section 1

Exterior
StyleMULT-RESDNCE
Occupancy >8-UNIT-APT
Number of Stories5
Exterior Wall Type BRICK
Roof Material RUBBER-MEMBRAN
Wall Height 10
Partititions AVERAGE
Interior
Living Area (sq. ft.)41,946
Number of Units 16
Systems
Heat TypeSTEAM
Heat Fuel Oil
Plumbing AVERAGE
Condition & Grade
Year Built1900
Overall ConditionAverage
Overall GradeGood
Subareas
Code Description Gross Area Living Area
BAS First Floor 10,918 10,918
F_4 Upper Finish 4 Stry 7,757 31,028
FOP Porch, Open 1,344 0
UBM Basement 10,918 0
Total: 30,937 41,946

Commercial Building Number 2, Section 1

Exterior
StyleRETAIL-STORE
Occupancy RETAIL-STORE
Number of Stories2
Exterior Wall Type BRICK-VENEER
Roof Material TAR-GRAVEL
Wall Height 12
Partititions AVERAGE
Interior
Living Area (sq. ft.)6,178
Number of Units 1
Systems
Heat TypeHOT-WATER
Heat Fuel Gas
Plumbing NONE
Condition & Grade
Year Built1890
Overall ConditionGood
Overall GradeAverage
Subareas
Code Description Gross Area Living Area
BAS First Floor 3,324 3,324
FGR Garage 288 0
FUS Upper Story, Finished 2,854 2,854
UBM Basement 3,324 0
Total: 9,790 6,178

Commercial Building Number 3, Section 1

Exterior
StyleOFFICE
Occupancy RETAIL-OFFIC
Number of Stories3
Exterior Wall Type BRICK
Roof Material ASPHALT-SHNG
Wall Height 12
Partititions GOOD
Interior
Living Area (sq. ft.)29,496
Number of Units 0
Systems
Heat TypeFORCED-AIR
Heat Fuel Gas
Plumbing AVERAGE
Condition & Grade
Year Built2008
Overall ConditionAverage
Overall GradeAverage
Subareas
Code Description Gross Area Living Area
BAS First Floor 13,090 13,090
FUS Upper Story, Finished 16,406 16,406
UBM Basement 10,768 0
Total: 40,264 29,496

Commercial Building Number 4, Section 1

Exterior
StyleRESTAURANT
Occupancy EATING-ESTBL
Number of Stories1
Exterior Wall Type CONCR-BLOCK
Roof Material TAR-GRAVEL
Wall Height 10
Partititions FAIR
Interior
Living Area (sq. ft.)1,804
Number of Units 1
Systems
Heat TypeHOT-WATER
Heat Fuel Oil
Plumbing AVERAGE
Condition & Grade
Year Built1940
Overall ConditionFair
Overall GradeFair
Subareas
Code Description Gross Area Living Area
BAS First Floor 1,804 1,804
UBM Basement 1,291 0
Total: 3,095 1,804

Photos

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Sketches

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Related Information

  • GIS Map of this Property
  • No Sales with comparable location and/or physical attributes were found. Assessments are based on a market analysis of all valid sales for the subject's property class and the sales displayed are for comparison purposes only.
This page contains much of the information used by the City of Cambridge to assess properties. The purpose of this information is to be used only for ad valorem taxation purposes and any other use is therefore not valid.
Page was last modified on 7/24/2023 9:46 PM
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