BEDS6
BATHS6 full
SQUARE FEET3,939
MLS#73492979
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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: Multi Unit - Multiple
Garage: 10
Lot Size: 0.21 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $17,159
Year Built: 1930
Feature Descriptions
Building Area Total: 3939
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
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
Dwelling Type: 5-9 Family
Exterior: Frame
GarageY/N: Yes
Open Parking Y/N: Yes
Parcel Number: M:00192 L:00012,413558
Parking Features: Paved Drive, Off Street, Other
Parking Total: 20
Patio And Porch: Porch
Rooms Total: 18
Sewer: Public Sewer
Units: 6
Water: Public
Listed By / Shown By
Listed By
Agency Name: Horvath & Tremblay
Agency Phone: 781-776-4000
Agent Name: Kelleher - Pentore Team
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 11,486.26 per month $8,891.14 Principal & Interest $1,429.92 Property Tax $1,165.21 Homeowner's Insurance
57 Cedar St | MLS# 73492979
This multi-family property located at 57 Cedar St, Cambridge, MA 02140 is currently listed for sale with an asking price of $3,995,000. Search Cambridge real estate on www.masiellogrouprealestate.com today.