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Est. payment | /mo
9,147 Sqft Lot
$ 4,500,000
Est. payment | /mo
9,147 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73492980
HOA Y/N false
Annual Tax Amount $17,159
Tax Year 2025
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type 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 site's allowable envelope. It's situated ½ mile to both Porter and Davis Square and less than a mile from Alewife and Alewife Station.
Location
State MA
County Middlesex
Area North Cambridge
Zoning B
Direction Use GPS.
Building
Lot Description Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Horvath & Tremblay
Nearby Locations
GET MORE INFORMATION
Steven Steiner
Broker | License ID: 068128
steven@whitehillestatesandhomes.com
48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA