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$ 2,649,900
Est. payment /mo
New
161 Cushing Street Cambridge, MA 02138
6 Beds
2 Baths
2,478 SqFt
UPDATED:
02/22/2025 08:05 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,478 sqft
Price per Sqft $1,069
MLS Listing ID 73336033
Style Other (See Remarks)
Bedrooms 6
Full Baths 2
HOA Y/N false
Year Built 1925
Annual Tax Amount $8,738
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Single Family Residence
Property Description
Exceptional Development Opportunity in West Cambridge's Desirable Neighborhood! Seize a rare chance to acquire a 5,000+ sq. ft. lot in the heart of West Cambridge, strategically located to take full advantage of recent zoning changes. Currently being developed as a single-family home (see attached plans), this property offers tremendous potential for redevelopment, including the option to build two luxury townhomes, each featuring off-street parking and approximately 3,500-4,000 sq. ft. of living space. With an estimated sellout of $6M based on comparable sales at 186 & 180 Holworthy, this is an extraordinary investment opportunity. Alternatively, by-right zoning allows for the construction of 4-6 units, making it a prime buy-and-hold asset. For those looking to capitalize on the increased land value, the existing project can be completed and tailored to your vision.
Location
State MA
County Middlesex
Zoning R7
Direction Use GPS
Interior
Heating Other
Cooling Other
Fireplaces Number 2
Exterior
Fence Fenced/Enclosed
Total Parking Spaces 2
Garage No
Building
Lot Description Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other (See Remarks)
Others
Senior Community false
Listed by Alba Realty Group LLC