MA > Cambridge
Cambridge, MA 02139,305 Broadway
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Cambridge, MA 02139,305 Broadway
Cambridge, MA 02139,305 Broadway
Cambridge, MA 02139,305 Broadway
Cambridge, MA 02139,305 Broadway
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Lisa Sevajian

Lisa Sevajian

+1(978) 457-3406
$ 3,995,000
Est. payment /mo
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Active

305 Broadway Cambridge, MA 02139

2 Beds

2.5 Baths

7,576 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,576 sqft

Price per Sqft $527

MLS Listing ID 73432171

Bedrooms 2

Full Baths 2

Half Baths 1

Year Built 1840

Annual Tax Amount $11,322

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type 5-9 Family

Property Description

Discover an unparalleled opportunity at 305-307 Broadway in Cambridge, MA, perfect for conversion into luxury condos, high-end apartment rentals, or a grand Inn. Current gross square footage, w/basement is 9,794 and condo resale value of close to $1000/ppsf = est. $9,794,000 gross profit. Sits on a 5,734 sq ft lot is a developer's dream under the city's new zoning regulations, allowing up to 6 stories with inclusionary housing or 4 stories by right. Situated in the heart of Cambridge, just steps from the vibrant business districts of Kendall, Central, & Inman Squares, this location promises minimal vacancies due to its prime position. Envision crafting a landmark that thrives in Cambridge's dynamic cultural & economic environment, with proximity to renowned universities and bustling commercial areas ensuring high demand & impressive returns. Engage with Cambridge's progressive community and capitalize on the city's push for sustainable urban growth. An iconic development opportunity.

Location

State MA

County Middlesex

Zoning C-1

Direction Corner of Broadway and Tremont Street

Exterior

Fence Fenced

Total Parking Spaces 2

Garage No

Building

Lot Description Corner Lot, Level

Story 3

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Compass
Lisa Sevajian

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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