57 Cedar St

Cambridge MA 02140

3939 sq. ft.

9131 sq. ft.

Other

Currently for sale - view listing

Overview

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.

Features

6 bedrooms

6 bathrooms

20 carspaces

10 open car spaces

10 garage spaces

3939 sq. ft. floor area

9131 sq. ft. lot size

Other

Property history for 57 Cedar St

2016

Sold

$2,100,000

01 Mar 2016 by Thomas Murphy, of Pine Shores Real Estate

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