47-53R 8th St, Cambridge, MA 02141
47-53R 8th St, Cambridge, MA 02141
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$2,995,000
Est. payment /mo
15 Beds
15 Baths
9,000 SqFt
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Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,000 sqft

Price per Sqft $332

MLS Listing ID 73468843

Bedrooms 15

Full Baths 15

Annual Tax Amount $11,049

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 5-9 Family

Property Description

As-of-right development opportunity in East Cambridge under the City's new zoning. Ideally located near Kendall Square, MIT, and major life science and technology employers, this site offers a streamlined path to redevelopment in a highly sought-after, transit-oriented neighborhood. The property presents the opportunity to construct an elevator building, enhancing accessibility and long-term value. Buyers may also assume the current owner's position in the permitting process, potentially expediting approvals and accelerating the project timeline. Enjoy proximity to cafés, restaurants, retail, parks, and everyday amenities, along with excellent access to MBTA bus routes, the Red and Green Lines, and major roadways. Surrounded by strong residential demand and ongoing investment, this site offers exceptional redevelopment potential with clear zoning. Seller to deliver stamped plans; buyer responsible for permitting and associated costs.

Location

State MA

County Middlesex

Zoning C1

Direction (From Cambridge St) Turn onto 7th. Follow to end, Right onto Spring St. Right onto 8th St (One Way)

Rooms

Basement Slab

Interior

Flooring Other

Exterior

Exterior Feature Sprinkler System, Other

Fence Fenced

Community Features Public Transportation, Shopping, Park, Public School, T-Station, University

Utilities Available for Electric Range, for Electric Oven

Roof Type Other

Total Parking Spaces 2

Garage No

Building

Lot Description Easements, Other

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false


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Listed by EVO Real Estate Group, LLC

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Boris Kusturic

Boris Kusturic

+1(631) 633-0347

Agent | License ID: 9553030

Agent License ID: 9553030

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