aisellshomes.space

$3,400,000

New

2 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

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$20,298 / month

Down payment20% · $680,000
Interest rate6.71%

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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