Peter Saunders
REALTOR®
LOT SIZE 0.210 acres
MLS#73492980
STATUSActive
PROPERTY TYPELand - Residential
Property Description
57 Cedar Street in Cambridge, MA is a three-story building currently contains six (6) 1-Bedroom/1-Bathroom units with 3,939 square feet of gross living area in 5,704 square feet of gross area. The Property is situated upon a 0.21-acre parcel (9,131 square feet) and features twenty (20) off-street parking spaces comprised of ten (10) off street spaces and ten (10) garage stalls. The opportunity exists to take advantage of the new Cambridge zoning laws and develop the current asset into a larger development by adding more units. As shown in conceptual renderings, investors and developers can pursue multiple value-add pathways, including the addition of new residential units at the rear of the existing structure or a potential full site redevelopment into a high-density multifamily asset that maximizes the sites allowable envelope. It's situated ? mile to both Porter and Davis Square and less than a mile from Alewife and Alewife Station.
Property Features
Property Type: Land - Residential
Lot Size: 0.21 Acres
Taxes: $17,159
Feature Descriptions
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 26
Electric: On-Site
Electric On Property: Yes
Lot Features: Other
Parcel Number: M:00192 L:00012,413558
Rental Term: Monthly
Sewer: Public Sewer
Water: Public
Listed By / Shown By
Listed By
Agency Name: Horvath & Tremblay
Agency Phone: 781-776-4000
Agent Name: Kelleher - Pentore Team
Shown By
Agent Name: Peter Saunders
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 12,757.47 per month $10,015.05 Principal & Interest $1,429.92 Property Tax $1,312.50 Homeowner's Insurance
57 Cedar St | MLS# 73492980
This land located at 57 Cedar St, Cambridge, MA 02140 is currently listed for sale with an asking price of $4,500,000. The property has approximately 0.21 Acres. Search Cambridge real estate on petersaunders.masiellogrouprealestate.com today.