Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

305 Broadway

Cambridge, MA ID #73432171

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305 Broadway

- Cambridge, MA ID #73432171

Property Description

Discover an unparalleled opportunity at 305-307 Broadway in Cambridge, MA, perfect for conversion into luxury condos, high-end apartment rentals, or a grand Inn. Current gross square footage, w/basement is 9,794 and condo resale value of close to $1000/ppsf = est. $9,794,000 gross profit. Sits on a 5,734 sq ft lot is a developer's dream under the city's new zoning regulations, allowing up to 6 stories with inclusionary housing or 4 stories by right. Situated in the heart of Cambridge, just steps from the vibrant business districts of Kendall, Central, & Inman Squares, this location promises minimal vacancies due to its prime position. Envision crafting a landmark that thrives in Cambridge's dynamic cultural & economic environment, with proximity to renowned universities and bustling commercial areas ensuring high demand & impressive returns. Engage with Cambridge’s progressive community and capitalize on the city's push for sustainable urban growth. An iconic development opportunity.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 02139
  • Taxes: 11,322
  • Levels: 3
  • Acres: 0.13

Parking

  • Garage Capacity: 2
  • Parking: Off Street
  • Parking Spaces: 2

Rooms/Dimensions

  • Total Units: 2
  • Total Floors: 3
  • Total Rooms: 10

Location

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305 Broadway, Cambridge, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Donahue + Greene Group of Compass. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.