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57 Cedar St

Cambridge, MA 02140

$4,500,000 $18,972/Mo

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Overview

0.21

Acre(Lot)

Description

57 Cedar Street in Cambridge, MA is a three-story building currently contains six (6) 1-Bedroom/1-Bathroom units with 3,939 square feet of gross living area in 5,704 square feet of gross area. The Property is situated upon a 0.21-acre parcel (9,131 square feet) and features twenty (20) off-street parking spaces comprised of ten (10) off street spaces and ten (10) garage stalls. The opportunity exists to take advantage of the new Cambridge zoning laws and develop the current asset into a larger development by adding more units. As shown in conceptual renderings, investors and developers can pursue multiple value-add pathways, including the addition of new residential units at the rear of the existing structure or a potential full site redevelopment into a high-density multifamily asset that maximizes the site’s allowable envelope. It's situated ½ mile to both Porter and Davis Square and less than a mile from Alewife and Alewife Station.

Property Details

Property Type : Land

Price : $4,500,000

AD Id : 76537108

MLS Id : 73492980

Lot Size : 0.21 Acre(Lot)

County : Middlesex

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

WaterSource: Public

Lot Information

Lot Description: Other Lot Size Area: 0.21 Lot Size Units: Acres Lot Square Feet: 9,131 Lot Acres: 0.21 Main Square Feet: 0.21

Property Information

Property Type: Land Sub Type: Residential

Listing Price Information

Original Listing Price: $4500000

Tax Information

Parcel Number: M:00192 L:00012,413558 Annual Tax: $17159

Location Information

Direction: Use GPS.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
815 Somerville Ave, Cambridge, MA, 02140	$13,000,000	--	--	--	0.24 Acre(Lot)

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ByOwner last updated this listing 06/06/2026 @ 07:22

MLS: 73492980 LISTED BY: Kelleher - Pentore Team, Horvath & Tremblay 781-776-4000 SOURCE: MLS Property Information Network