$2,995,000
Active47-53R 8Th St
Cambridge, MA, 02141
Land · MLS #73466506
Days on market
New today
Lot size
0.11 ac
0.11 acres
Lot
About this home
As-of-right development opportunity in East Cambridge under the Citys 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 owners 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.
Property details
- Road type
- Public
- Electric
- 110 Volts, 100 Amps
Listed by Adrian King · EVO Real Estate Group, LLC
Schedule a showing
47-53R 8Th St
Estimated payment
$19,387 / month
Loan term
- Principal & interest
- $15,144
- Property tax
- $2,995
- Home insurance
- $1,248
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).