3 Seagrave Rd new Save Request In-Person Tour Request Virtual Tour
Cambridge,MA 02140
Key Details
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,644 sqft
Price per Sqft $624
MLS Listing ID 73455838
Bedrooms 5
Full Baths 2
Year Built 1950
Annual Tax Amount $7,666
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type 2 Family - 2 Units Up/Down
Property Description
A rare North Cambridge offering combining strong in-place income with verified redevelopment potential. This fully leased two-family (tenants through 8/31/26) 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.
Location
State MA
County Middlesex
Area North Cambridge
Zoning C-1
Direction Columbus Ave West, right onto Seagrave Rd (One way street!) Use GPS.
Rooms
Basement Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
Interior
Flooring Wood,Tile
Laundry Gas Dryer Hookup
Exterior
Exterior Feature Rain Gutters,Garden
Garage Spaces 2.0
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
Utilities Available for Gas Range,for Gas Dryer
Roof Type Shingle
Total Parking Spaces 7
Garage Yes
Building
Lot Description Flood Plain,Level
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Wild Rose
Middle Schools Rindge Avenue
High Schools Rindge Avenue
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract