Porter Square, Cambridge Real Estate, 2 Cambridge Ter: LRG Boston, #73572556

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2 Cambridge Ter, Cambridge, MA

Porter Square, Cambridge Multi-Family Get directions

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Unit Information

DEVELOPERS, BUILDERS & INVESTORS AND VISIONARY BUYERS!—RARE CAMBRIDGE OPPORTUNITY! Offered for the first time in over 60 years, this three-family property sits on a substantial 7,773 SF lot and presents a compelling combination of immediate income and potential future upside. The property currently features three residential units PLUS 18 off-street parking spaces, creating multiple income streams while a buyer evaluates the property's highest and best use. Opportunities offering this combination of land, existing multifamily income, and significant off-street parking are increasingly difficult to find in Cambridge. Continue operating as an income-producing asset, reposition the existing property, or investigate potential redevelopment, expansion, or additional-unit possibilities. Buyer to perform all due diligence regarding zoning, permitting, density, buildability, and development potential. Seller and listing broker make no representations or warranties regarding future development or additional units. Bring your architect, contractor, and vision!

Additional Details: Status: NEW; Type: Multi-Family, Triplex; Area: Porter Square; Zip Code: 02140; Levels: 3
Parking: Garage Capacity: 18; Parking: Paved,Off Street; Parking Spaces: 18

Rooms and Dimensions: Total Units: 3; Total Floors: 3; Total Rooms: 15; Has Basement: Yes

$3,400,000

Status: New
Listing ID: 73572556
Bedrooms: 6
Full Baths: 3
Living Area: 3,471 sqft 322 m² Convert
Lot Size: 7,773 sqft 722 m² Convert
Acres: 0.18
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