$3,400,000
New2 Cambridge Ter
Cambridge, MA, 02140
Multi-Family · MLS #73572556
Price/sqft
$980
Days on market
1 day
Year built
1903
Lot size
0.18 ac
3 full
Baths
3,471 sq ft
Sq Ft
0.18 acres
Lot
1903
Year Built
Taxes: $15,741 (2026)
About this home
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
2 Cambridge Ter, Cambridge, MA, 02140
Property details
- Road type
- Public
- Basement
- Full
- Electric
- 200 Amps
Listed by Guy Contaldi · REMAX Andrew Realty Services
Schedule a showing
2 Cambridge Ter
Estimated payment
$20,298 / month
Loan term
- Principal & interest
- $17,570
- Property tax
- $1,312
- Home insurance
- $1,417
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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