Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 2 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 3 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 4 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 5 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 6 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 7 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 8 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 9 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 10 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 11 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 12 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 13 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 14 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 15 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 16 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 17 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 18 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 19 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 20 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 21 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 22 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 23 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 24 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 25 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 26 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 27 of 28
Condominium at 332 Franklin St Unit 501 # 501, Cambridge MA 02139, Cambridge, photo 28 of 28
28 photos

$815,000

332 Franklin St Unit 501 # 501, Cambridge MA 02139
Cambridge, MA 02139
Listed by Deb Basu
Bedrooms
2
Bathrooms
2
Living area
1,083 sqft
Year built
1999

About this home

PRICE IMPROVEMENT!! A 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. 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!

Highlights

ViewFireplace

Property details

MLS #
73547607
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
82
On market date
July 18, 2026
Stories
1
Total bathrooms
2
Garage spaces
1
Parking spaces
2
Lot size
0.11 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Amigos School
0.19 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
408
Student:teacher ratio
11.0:1
District
Cambridge
Middle
Putnam Avenue Upper School
0.29 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
262
Student:teacher ratio
7.5:1
District
Cambridge
High
Cambridge Rindge and Latin
0.63 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,867
Student:teacher ratio
8.6:1
District
Cambridge

Walkability

Blended score for Cambridge's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

84
Highly walkable
out of 100
EPA National Walkability Index
14.5 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies14

Market position

How this listing compares to current activity in Cambridge, from live MLS data.

On the market 82 days -- 9 fewer days than Cambridge's current average of 91 days.
For reference, the median list price across 1,013 active listings in Cambridge right now is $7,950.

Mortgage calculator

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Est. monthly payment
$5,058/mo
$163,000 down
$652,000 loan
Principal & interest$4,229
Property tax (est.)$679
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 7, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.