MA
Middlesex
Cambridge
02139
305 Broadway
305 Broadway, Cambridge, MA 02139
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Listing Type
Multi Family
Listing Status
Active
12
$3,995,000

Home Details for 305 Broadway

Price
$3,995,000
Type
Residential Income
Bedrooms
2
Bathrooms
3.0
Square feet
7576
Year built
1840
Lot size acres
0.13
County
Middlesex
Total rooms
10
Garage
Days on site
65
MLS Listing#
73432171
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.

Property Features
  • Water Features
    • Public
  • Parking
    • Off Street
Listing Courtesy: Compass - 617-303-0067
Presented by: Donahue + Greene Group
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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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