2 Cambridge Ter, Cambridge, MA 02140
2 Cambridge Ter, Cambridge, MA 02140
2 Cambridge Ter, Cambridge, MA 02140
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$3,400,000
Est. payment /mo
6 Beds
3 Baths
3,471 SqFt
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Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,471 sqft

Price per Sqft $979

MLS Listing ID 73572556

Bedrooms 6

Full Baths 3

Year Built 1903

Annual Tax Amount $15,741

Tax Year 2026

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type 3 Family

Property Description

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!

Location

State MA

County Middlesex

Area Porter Square

Zoning C-1

Direction Use GPS

Rooms

Basement Full

Interior

Interior Features Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo

Heating Natural Gas

Cooling Window Unit(s)

Flooring Tile, Hardwood

Appliance Range, Dishwasher, Disposal, Refrigerator, Freezer, Oven

Exterior

Exterior Feature Balcony/Deck, Balcony

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, House of Worship, Private School, Public School, T-Station, University

Utilities Available for Gas Range

Roof Type Rubber

Total Parking Spaces 18

Garage No

Building

Lot Description Corner Lot, Level

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false


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Listed by REMAX Andrew Realty Services

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Boris Kusturic

Boris Kusturic

+1(631) 633-0347

Agent License ID: 9553030

Agent License ID: 9553030

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