June 24, 2025 - 23:44
Cambridge, MA — In a rare transaction in the heart of Harvard Square, a historic multifamily property known as Ellery Apartments has been sold for $6.65 million. This 14-unit building, situated in a prime location, has garnered significant interest due to its unique architecture and proximity to prestigious institutions, including Harvard University.
The sale reflects the ongoing demand for multifamily housing in Cambridge, a city known for its vibrant culture and educational opportunities. The Ellery Apartments, with its rich history and character, provide a blend of modern living and classic charm, making it an attractive option for both investors and residents alike.
The transaction highlights the strength of the local real estate market, even amidst fluctuating economic conditions. As urban living continues to gain popularity, properties like Ellery Apartments are expected to remain in high demand, showcasing the enduring appeal of Harvard Square as a desirable place to live and invest.
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