57 Cedar St Cambridge MA 02140 MLS #73492979

There are multiple listings for this address:
57 Cedar St
Cambridge, MA, 02140
$4,500,000
6 Beds
6 Baths
3,939 SqFt
0.21 Acres
$4,500,000
57 Cedar St
Cambridge, MA, 02140
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.

Property Details

Price:
$4,500,000
MLS #:
73492979
Status:
Active
Beds:
6
Baths:
6
Address:
57 Cedar St
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
northcambridge
City:
Cambridge
Listed Date:
Mar 27, 2026
State:
MA
Finished Sq Ft:
3,939
Total Sq Ft:
3,939
ZIP:
02140
Lot Size:
9,131 sqft / 0.21 acres (approx)
Year Built:
1930
Units:
6

Schools

Interior

Bathrooms
6 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Other
Parking Spots
20
Roof
Shingle

Financial

Net Operating Income
$183,187
Tax Year
2025
Taxes
$17,159
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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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57 Cedar St
Cambridge, MA
57 Cedar St
Cambridge, MA, 02140
$4,500,000
Beds
0 Baths
0 SqFt
0.21 Acres
$4,500,000
57 Cedar St
Cambridge, MA, 02140
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.

Property Details

Price:
$4,500,000
MLS #:
73492980
Status:
Active
Beds:
0
Baths:
0
Address:
57 Cedar St
Type:
Land
Subtype:
5-9 Family
Neighborhood:
northcambridge
City:
Cambridge
Listed Date:
Mar 27, 2026
State:
MA
Total Sq Ft:
3,939
ZIP:
02140
Lot Size:
9,131 sqft / 0.21 acres (approx)
Year Built:
1930

Schools

Interior

Bathrooms
6 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Other
Parking Spots
20
Roof
Shingle

Financial

Net Operating Income
$183,187
Tax Year
2025
Taxes
$17,159
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby