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2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
2 Cambridge Ter
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$3,400,000

2 Cambridge Ter

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

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

For Sale
Guy Contaldi

Guy Contaldi

TITLE

REALTOR®

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 For Sale
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
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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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