57 Cedar St, Cambridge, MA 02140

Cambridge
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
57 Cedar St,Cambridge, MA 02140
$4,500,000
  • 0.21 Acres
  • Lots / Land
  • Active
Listed by: kelleher - pentore team
Office: horvath & tremblay
MLS#:73492980
Source:MLSPIN

Price summary

  • Price:$4,500,000

About this home

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.

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Home facts

  • Listing ID #:73492980
  • Updated:May 14, 2026 at 10:41 AM

Structure and exterior

  • Lot area:0.21 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,500,000
  • Tax amount:$17,159 (2025)
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