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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.

More Info

Basic Information

  • Gross Income $217,653
  • Mls StatusActive
  • Parcel Number M:00192 L:00012,413558

Tax Information

  • Tax Assessed Value $2,702,200
  • Tax Year 2025
  • Taxes$17,159

Parking

  • Covered Spaces 10
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Other
  • Parking Spaces20

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms6
  • Full Bath6

Basic Information

  • List Price$3,995,000
  • MLS Number73492979
  • Modification Date04/26/2026
  • Property SubType5-9 Family

Location

  • Address57 Cedar Street
  • Building Number57
  • CountyMiddlesex
  • NeighborhoodNorth Cambridge
  • StateMA
  • StreetCedar Street
  • SubdivisionNorth Cambridge
  • TownCambridge
  • Zip02140

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Garage Spaces10
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms18
  • Stories3
  • Units6
  • Year Built1930
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.21

Exterior

  • RoofShingle

Utilities

  • Electric Expense 1181
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,939
  • Lot Size Square Feet 9,131
  • Lot Size Units Acres
  • Square Feet3,939

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Other AmenitiesGolf, Tennis

Legal

  • ZoningB

Other

  • Date Listed03/27/2026
  • Farm Land Area Units Square Feet
  • View Count5

Map Location

Driving Directions

Listed by Kelleher - Pentore Team of Horvath & Tremblay

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