Off Market

57 Cedar St, Cambridge, MA

Cambridge · MA 02140

$3,995,000
Price
6
Beds
6
Baths
3939
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1930
Units: 6 Units
Lot size: 9,131 Sq.Ft Lot
Price per square foot: $1,014 / Sq.Ft
Parking: 10 Garage Spaces · 10 Off Street Spaces

About this home

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 ? mile to both Porter and Davis Square and less than a mile from Alewife and Alewife Station.

Neighborhood & Transit

North Cambridge

57 Cedar St, Cambridge · MA 02140

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Davis Red 0.44 mi
  • Alewife Red 0.45 mi

Price Insight

Days on Market:
221 days
Listing Price:
$3,995,000
Price per Sq.Ft:
$1,014
Tax Assessment:
$2,702,200 in 2025
Taxes:
$1,430 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
6
Half Bathrooms
0
Living Area
3,939 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3939
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
9,131 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
10 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Aluminum, Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Kelleher - Pentore Team
Listing office
Horvath & Tremblay
MLS PIN #
73492979