2 Cambridge Ter, Cambridge, MA

$3,400,000

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6

Beds

3

Baths

3,471

Square feet

0.18

Acres

About 2 Cambridge Ter

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!

Pricing and availability subject to change.

Features of 2 Cambridge Ter

MLS® # 73572556
Price $3,400,000
Bedrooms 6
Bathrooms 3
Full Baths 3
Square Footage 3,471
Acres 0.18
Year Built 1903
Type Residential Income
Sub-Type 3 Family
Status Pending

Community Information

Address 2 Cambridge Ter
Area Porter Square
City Cambridge
County Middlesex
State MA
Zip Code 02140-2669

Amenities

Utilities for Gas Range
Parking Spaces 18
Parking Paved Drive, Off Street
Is Waterfront No
Has Pool No

Interior

Interior Features Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
Appliances Range, Dishwasher, Disposal, Refrigerator, Freezer, Oven
Heating Natural Gas
Cooling Window Unit(s)
Fireplace No
# of Stories 3
Stories 3
Has Basement Yes
Basement Full

Exterior

Exterior Features Balcony/Deck, Balcony
Lot Description Corner Lot, Level
Windows Insulated Windows
Roof Rubber
Foundation Stone

Additional Information

Zoning C-1

Listing Map

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