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.
- Parking:
- Off Street, Paved Drive, Other
- Construction:
- Frame
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking:
- 10
- Lead Paint:
- Unknown
- Area:
- North Cambridge
- Market Time:
- 4
- Parking Spaces:
- 20
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $1,142
- Zoning:
- B
- No Units:
- 6
- Orig Price:
- $4,500,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Cambridge
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02140
- Longitude:
- W72° 52' 8.3''
- Latitude:
- N42° 23' 39.6''
Residential Income
57 Cedar St, Cambridge, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $4,500,000
- Bedrooms :
- 6
- Rooms :
- 18
- Total Bathrooms :
- 6
- Full Bathrooms :
- 6
- Square Footage :
- 3,939 Sqft
- Year Built :
- 1930
- Lot Area :
- 0.21 Acre
- Listing ID :
- 73492979
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
