Sold
3 Seagrave Rd, Cambridge, MA
Cambridge · MA 02140
- $1,475,000
- Price
- 5
- Beds
- 2
- Baths
- 2644
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1950
Units:
2 Units
Lot size:
3,780 Sq.Ft Lot
Price per square foot:
$586 / Sq.Ft
Parking:
2 Garage Spaces · 5 Off Street Spaces
About this home
A rare North Cambridge offering combining strong in-place income with verified redevelopment potential. This fully leased two-family (both tenants through 7/31/26) produces a solid 4.22% CAP rate, making it a reliable investment from day one. Even more compelling, a formal zoning analysis by Context Workshop Architects confirms the ability to demolish the existing structure and construct up to nine (9) residential units with roughly 10,000 sq ft of gross living area under current C-1 zoning. With only 5' front and side setbacks required and no parking minimums under Cambridge?s new multifamily zoning, this site offers a clear by-right path for a boutique development project. Located minutes to Alewife Station, the Minuteman Bike Path, and steps from the transformative 46-acre Cambridge Point redevelopment, this property sits in one of the most rapidly evolving and highly connected neighborhoods in the city. A perfect opportunity for developers or investors seeking long-term upside.
Neighborhood & Transit
North Cambridge
3 Seagrave Rd, Cambridge · MA 02140
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Alewife Red 0.25 mi
Price Insight
- Days on Market:
- 299 days
- Listing Price:
- $1,550,000
- Price per Sq.Ft:
- $586
- Tax Assessment:
- $1,134,400 in 2025
- Taxes:
- $639 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 2
- Half Bathrooms
- 0
- Living Area
- 2,644 Sq.Ft
- Broker Disclosure about Living Area
- Huge unfinished attic on 3rd floor. See photos. Mondays and Fridays/weekends are best!
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2644
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers, 100 Amps, 150 Amps, Individually Metered
Exterior Features
- Lot Size
- 3,780 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 2 Parking Spaces
- Off Street Parking
- 5 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Shingles, Wood
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- James Riel
- Listing office
- JR Associates
- MLS PIN #
- 73466811
- Disclosure
- Seller and seller's agent/facilitator make no guarantees or warranties. Buyer to perform all due diligence. This property does require floor insurance. See paperclip. Approx. $1,700 per year (per seller disclosure). Rendering of new building is ONLY for visual purposes, not approved or 100% to scale
- Disclosure
- Huge unfinished attic on 3rd floor. See photos. Mondays and Fridays/weekends are best!
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