Price Reduced 11.65%
47-53R 8th St, Cambridge, MA, 02141
24 rooms
15 beds
15 Full baths
2027
9,000 sqft
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.
Status:
Active
Type:
Multi-family
Units:
8
Zoning:
C1
Energy Features:
Other (See Remarks)
Basement:
Slab
Levels:
4
Parking:
2-car
Acreage:
0.11
Est. Taxes:
$11,049
Assessment
$1,740,000
Construction
See Remarks
Utilities
for Electric Range, for Electric Oven
Lot Description:
Easements, Other
Amenities:
Public Transportation, Shopping, Park, Public School, T-Station, University
MLS #:
73468843
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Adrian King, EVO Real Estate Group, LLC 617-517-9755