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$ 2,995,000
Est. payment | /mo
4,791 Sqft Lot
$ 2,995,000
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73466506
HOA Y/N false
Annual Tax Amount $11,049
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Residential
Property Description
As-of-right development opportunity in East Cambridge under the City's new zoning. Ideally located near Kendall Square, MIT, and major life science and technology employers, this site offers a streamlined path to redevelopment in a highly sought-after, transit-oriented neighborhood. The property presents the opportunity to construct an elevator building, enhancing accessibility and long-term value. Buyers may also assume the current owner's position in the permitting process, potentially expediting approvals and accelerating the project timeline. Enjoy proximity to cafés, restaurants, retail, parks, and everyday amenities, along with excellent access to MBTA bus routes, the Red and Green Lines, and major roadways. Surrounded by strong residential demand and ongoing investment, this site offers exceptional redevelopment potential with clear zoning. Seller to deliver stamped plans; buyer responsible for permitting and associated costs.
Location
State MA
County Middlesex
Area East Cambridge
Zoning C1
Direction (From Cambridge St) Turn onto 7th. Follow to end, Right onto Spring St. Right onto 8th St (One Way)
Exterior
Community Features Public Transportation, Shopping, Park, Public School, T-Station
Building
Lot Description Easements, Irregular Lot, Other
Sewer Public Sewer, On-Site, Other
Water Public, On-Site
Others
Senior Community false
Listed by EVO Real Estate Group, LLC
Nearby Locations
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