$869,000

PRICE REDUCTION TO $869,000 - RARE VALUE-ADD INVESTMENT / EQUITY-BUILDING OPPORTUNITY IN PRIME CAMBRIDGEWelcome to Unit 501 at 332 Franklin Street-East-facing 2-bedroom, 2-bath unit in the highly desirable Cyrus Fellows Condominium. Flooded with natural morning light and offering elevated privacy, this spacious fifth-floor residence is a structurally solid blank canvas ready for your vision. Strategic price improvement at $869,000 to reflect its original condition, this property presents a rare opportunity for investors, contractors, or end-users to secure immediate upside and build equity in one of the most resilient real estate markets in the country.PROPERTY HIGHLIGHTS:Spacious Open-Concept Layout: The apartment features rich hardwood floors, a cozy wood fireplace, large windows, and direct access to a private balcony with city views.Functional 2BD/2BA Floor Plan: The primary suite boasts 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.INVESTMENT and BUILDING METRICS:Professionally managed, stable, pet-friendly condominium association.Rentals permitted-capitalize on strong, continuous tenant demand driven by surrounding academic and biotechnology hubs.Offered firmly as-is, allowing you to tailor the interior finishes to maximize rental yields or future resale value.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!