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

57 Cedar St

North Cambridge - Cambridge, MA ID #73492979

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Area: North Cambridge
  • Zip Code: 02140
  • Taxes: 17,159
  • Levels: 3
  • Acres: 0.21

Parking

  • Garage: 10
  • Garage Capacity: 20
  • Parking: Paved Drive, Off Street, Other
  • Parking Spaces: 20

Rooms/Dimensions

  • Total Units: 6
  • Total Floors: 3
  • Total Rooms: 18

Location

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57 Cedar St, 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 Kelleher - Pentore Team of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.