$1,550,000
3 Seagrave Rd
Cambridge, MA, 02140
A rare North Cambridge offering combining strong in-place income with verified redevelopment potential. This fully leased two-family (both tenants through 7/31/26) produces a solid 4.22% CAP rate, making it a reliable investment from day one. Even more compelling, a formal zoning analysis by Context Workshop Architects confirms the ability to demolish the existing structure and construct up to nine (9) residential units with roughly 10,000 sq ft of gross living area under current C-1 zoning. With only 5′ front and side setbacks required and no parking minimums under Cambridge’s new multifamily zoning, this site offers a clear by-right path for a boutique development project. Located minutes to Alewife Station, the Minuteman Bike Path, and steps from the transformative 46-acre Cambridge Point redevelopment, this property sits in one of the most rapidly evolving and highly connected neighborhoods in the city. A perfect opportunity for developers or investors seeking long-term upside.
Property Details
Price:
$1,550,000
MLS #:
73466811
Status:
Active
Beds:
5
Baths:
2
Address:
3 Seagrave Rd
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Neighborhood:
northcambridge
City:
Cambridge
Listed Date:
Jan 8, 2026
State:
MA
Finished Sq Ft:
2,644
Total Sq Ft:
2,644
ZIP:
02140
Lot Size:
3,780 sqft / 0.09 acres (approx)
Year Built:
1950
Units:
2
Schools
Elementary School:
Wild Rose
Middle School:
Rindge Avenue
High School:
Rindge Avenue
Interior
Bathrooms
2 Full Bathrooms
Flooring
Wood, Tile
Laundry Features
Gas Dryer Hookup
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame
Exterior Features
Rain Gutters, Garden
Parking Features
Off Street, Tandem, Paved
Parking Spots
7
Roof
Shingle
Financial
Tax Year
2025
Taxes
$7,666
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of JR Associates. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
3 Seagrave Rd
Cambridge, MA
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