MA
Middlesex
Cambridge
02140
3 Seagrave Rd
3 Seagrave Rd, Cambridge, MA 02140
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Listing Type
Multi Family
Listing Status
Active
42
$1,650,000

Home Details for 3 Seagrave Rd

Price
$1,650,000
Type
Residential Income
Bedrooms
5
Bathrooms
2.0
Square feet
2644
Year built
1950
Lot size acres
0.09
County
Middlesex
Total rooms
17
Garage
2
Basement
Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Days on site
0
MLS Listing#
73455838
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.

Property Features
  • Basement
    • Full
    • Walk-Out Access
    • Interior Entry
    • Concrete
    • Unfinished
  • Parking
    • Off Street
    • Tandem
    • Paved
  • Water Features
    • Public
School Information
School Information for 3 Seagrave Rd, Cambridge, MA 02140
Elementary School
Wild Rose
Middle School
Rindge Avenue
High School
Rindge Avenue
Listing Courtesy: JR Associates - 617-913-4259
Presented by: James Riel
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Median Days on Site
Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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