231 Third Street

    Cambridge, MA 02142
    • $2,250,000
    • STATUS: Active
    • MLS #: 72586946
    UPDATED: 41 min ago
    $2,250,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1916
    County:

    School Ratings & Info

    Listing courtesy of The Shorey Realty Group of Compass.

    Description

    Rare residential development opportunity in heart of Kendall Sq! POTENTIAL for 18 units! 231 & 235 Third St are being offered for portfolio purchase at $2.25M each.W/ a combined size of around 5,560 sq feet, together these lots have the potential w/ proper permitting to support multiple residential units.Per Eastern Cambridge Overlay in zoning IA-1, max potential new residential building could be approx 13,750 sq feet of living area. Red/Green T lines are nearby as are MIT & dozens of the world's most innovative companies.Google, Microsoft, Facebook,Twitter, Novartis, Amazon, Pfizer, Biogen & Genzyme employees would love to live so close to work! Location/Opportunity make this one of the most desirable corners in all of Cambridge.Enjoy being just 1 subway stop on Red Line from Beacon Hill/Mass. General & 2 stops from Harvard Sq! Prior to making Offer,Buyers must do their own due diligence regarding proposed use & number of units possible.Listing agents don't guarantee accuracy of info!

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-11-11T18:06:49.677.
    www.westcottproperties.com/homes/100428937

    231 Third Street Cambridge, MA 02142

    • Price: $2,250,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 72586946
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1916
    Built
    Neighborhood:
    Kendall Square
    County:
    Middlesex
    Area:
    Kendall Square
    Property Description
    Rare residential development opportunity in heart of Kendall Sq! POTENTIAL for 18 units! 231 & 235 Third St are being offered for portfolio purchase at $2.25M each.W/ a combined size of around 5,560 sq feet, together these lots have the potential w/ proper permitting to support multiple residential units.Per Eastern Cambridge Overlay in zoning IA-1, max potential new residential building could be approx 13,750 sq feet of living area. Red/Green T lines are nearby as are MIT & dozens of the world's most innovative companies.Google, Microsoft, Facebook,Twitter, Novartis, Amazon, Pfizer, Biogen & Genzyme employees would love to live so close to work! Location/Opportunity make this one of the most desirable corners in all of Cambridge.Enjoy being just 1 subway stop on Red Line from Beacon Hill/Mass. General & 2 stops from Harvard Sq! Prior to making Offer,Buyers must do their own due diligence regarding proposed use & number of units possible.Listing agents don't guarantee accuracy of info!
    Exterior Features

    Location UrbanHighway AccessPublic Transportation Parking Spaces 2 Stories 2

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Rsf Building Sq Ft 0.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 503600.00 Assessed Value Land 346000.00 Assessed Value Total 849600.00 Commercial Industrial Type Office Disclosure No Disclosures Do Not Go Onto 235 Third St. Property. All Costs Of Approval Will Be The Sole Responsibility Of The Buyer. Prior To Making Any OfferBuyers Must Do Their Own Due Diligence Regarding Proposed Use & Number Of Units Possible; Listing Agents Do Not Guarantee Accuracy Of Any info Contained Herein. Exchange No Exclusions See Cambridge Historical Commission Form Attached Lease No Lender Owned No Mau Units 0 Ofu Units 1 On File21 E No Reu Units 0 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2019 Taxes 11997.46 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Other (See Remarks) Zoning Ia-1

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of The Shorey Realty Group of Compass.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-11-11T18:06:49.677.
     
    Westcott Properties
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    Listing courtesy of The Shorey Realty Group of Compass.