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Aerial view of 2 Cambridge Terrace and Porter Square, with rail lines and the Boston skyline beyond.
Blue shingle-sided multi-story house with cream trim and a large white hydrangea by the entrance.
Blue multi-story home with stacked wooden decks, leafy landscaping, and a street-side parking area.
Aerial view of a numbered residential parking lot beside a blue building, with parked cars and mature trees.
Aerial view of residential buildings, a parking lot, and a tree-lined Cambridge street.
Living room with a cream sectional, three windows, hardwood floors, and a colorful patterned rug.
Living room with a white sectional and patterned rug, opening into a dining room.
Dining room with a dark wood table, floral runner, tall windows, and polished hardwood floors.
Dining room with a wooden table, chandelier, tall windows, and hardwood floors beside an adjoining living room.
Bedroom with a white bed, plum throw, and computer desk beside large windows.
Furnished bedroom with a white bed, teal pillows, two blind-covered windows, and dark hardwood floors.
Kitchen with gray cabinets, brown countertops, hardwood floors, and a wide window above the sink.
Bathroom with blue tile, toilet, pale blue vanity, and floral shower curtain.
Blue-shingled multi-story home with white-trimmed windows, a front porch, and flowering hydrangea.
Blue multi-story home with a white-trimmed porch beside a Cambridge Terrace street sign.
Aerial view of a blue Cambridge Terrace house among leafy homes, with a yellow neighboring house and parking area.
Blue-shingled multi-story home with stacked wooden balconies, viewed from above beside a red-brick building.
Blue multi-story house with three wooden porches, viewed from above among trees and neighboring buildings.
Blue multi-story residence viewed from above, with a parking area and leafy neighboring homes.
Aerial view of a blue multi-story home with wooden balconies beside a modern brick building.
Blue multi-story home on a tree-lined corner beside a yellow house and street crosswalk.
Home entrance with a dark blue door marked 2, white porch columns, and a decorative leaded-glass window.
Second-floor plan of 2 Cambridge Terrace, showing two bedrooms, kitchen, dining and family rooms, bathroom, and balcony.
Third-floor plan of 2 Cambridge Terrace with two bedrooms, living and dining areas, kitchen, and balcony.
Floor plan of 2 Cambridge Terrace: two bedrooms, living and dining areas, kitchen, and porches.
Three-floor layout of 2 Cambridge Terrace, with room labels, approximate dimensions, porches, and balconies.
Aerial view of a leafy neighborhood with homes and a distant city skyline.
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$3,400,000

2 Cambridge Ter

6 Beds 3 Baths 3,471 Sq.Ft. 7,773 Sq.Ft.

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Description

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!

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Location

2 Cambridge Ter, Cambridge, MA 02140

Status

Pending
Guy Contaldi

Guy Contaldi

TITLE

REALTOR®

PHONE

(617) 201-0247

EMAIL

[email protected]

CONTACT AGENT

Property Amenities

Interior
Appliances Range, Dishwasher, Disposal, Refrigerator, Freezer, Oven
Flooring Tile, Hardwood
Total Bedrooms: 6
Full Bathrooms: 3
Other Interior Features Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
Area & Lot
Total area 3,471 Sq.Ft.
Lot Area 7,773 Sq.Ft.
Living area 3,471 Sq.Ft.
MLS® ID 73572556
Year Built 1903
Type Multi-Family
Status Pending
Exterior
Stories 3
Air conditioning Window Unit(s)
Heat type Natural Gas
Water Source Public
Sewer Public Sewer
Other Exterior Features Balcony/Deck, Balcony
Parking Paved Drive, Off Street
Lot Features Corner Lot, Level
Roof Rubber
Utilities for Gas Range
Finance
Sales Price $3,400,000
Real Estate Tax $15,741 yearly
Blue shingle-sided multi-story house with cream trim and a large white hydrangea by the entrance.

Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 2 Cambridge Ter, Cambridge, MA 02140. We are reviewing your request and will be in touch shortly!
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Arched brick bridge over the Charles River, with Cambridge buildings and a red-roofed clock tower beyond.
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WORK WITH GUY

Whether buying, selling, or investing, I’m ready to put my decades of experience and client-first approach to work for you. Contact me today to get started with a trusted Boston real estate expert.

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Get in Touch
By providing your contact information to Guy Contaldi, your personal information will be processed in accordance with Guy Contaldi's Privacy Policy. By checking the box(es) below, you consent to receive communications regarding your real estate inquiries and related marketing and promotional updates in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. You may opt out of receiving further communications from Guy Contaldi at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe.
Contact Details

GUY CONTALDI

(617) 201-0247

[email protected]


ADDRESS

9 Main Street
Medford, MA 02155