57 Cedar St, Cambridge, MA 02140
57 Cedar St, Cambridge, MA 02140
57 Cedar St, Cambridge, MA 02140
57 Cedar St, Cambridge, MA 02140
57 Cedar St, Cambridge, MA 02140
57 Cedar St, Cambridge, MA 02140
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$ 3,995,000
Est. payment | /mo

6 Beds

6 Baths

3,939 SqFt


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$ 3,995,000
Est. payment | /mo
Save

6 Beds

6 Baths

3,939 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,939 sqft

Price per Sqft $1,014

MLS Listing ID 73492979

Bedrooms 6

Full Baths 6

Year Built 1930

Annual Tax Amount $17,159

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type 5-9 Family

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.

Exterior

Garage Spaces 10.0

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University

Roof Type Shingle

Total Parking Spaces 30

Garage Yes

Building

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Horvath & Tremblay

Nearby Locations

Will Coughlan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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57 Cedar St