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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

  • Lot Features Other
  • Mls StatusActive
  • Parcel Number M:00192 L:00012,413558

Tax Information

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

Basic Information

  • List Price$4,500,000
  • MLS Number73492980
  • Modification Date03/31/2026
  • Property SubTypeResidential

Location

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

Building

  • Building Area Units Square Feet

Property

  • Acreage0.21

Utilities

  • Electric On-Site
  • Electric On Property YN Yes
  • Gas On-Site
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Lot Size Square Feet 9,131
  • Lot Size Units Acres

Other

  • Date Listed03/27/2026
  • Farm Land Area Units Square Feet
  • View Count8

Map Location

Driving Directions

Listed by Kelleher - Pentore Team of Horvath & Tremblay

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