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$3,995,000
Est. payment /mo
2 Beds
2.5 Baths
7,576 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,576 sqft
Price per Sqft $527
MLS Listing ID 73432171
Bedrooms 2
Full Baths 2
Half Baths 1
Year Built 1840
Annual Tax Amount $11,322
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Multi Family
Property Description
Discover an unparalleled development opportunity at 305-307 Broadway in Cambridge, MA. This 5,734 sq ft lot is a developer's dream under the city's new zoning regulations, permitting up to 6 stories with inclusionary housing or 4 stories by right. Prime location, just steps from the vibrant business districts of Kendall, Central, & Inman Squares, this property offers the ideal foundation for grand single or two family, luxury condos or a lucrative rental portfolio.Imagine crafting a signature building that benefits from Cambridge's dynamic cultural & economic environment. The proximity to renowned universities and bustling commercial areas enhances its appeal, promising strong market demand & impressive returns. Engage with Cambridge's progressive community & capitalize on the city's push for sustainable urban growth. Seize this chance to create a landmark development in one of the most sought-after markets. Buyers to perform their own due diligence. Offers reviewed at 12pm on 9/30
Location
State MA
County Middlesex
Zoning C-1
Direction Corner of Broadway and Tremont Street
Exterior
Fence Fenced
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot, Level
Story 3
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Compass
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