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6 Beds
3 Baths
3,471 sqft

$3,400,000

2 Cambridge Ter, Cambridge MA, 02140

Price per sqft$979.54
Built in1903
Property size3,471 sqft
Property typeMulti-family

Overview

Pending

Under Agreement

Listed Sep 7, 2026

Updated 5 days ago

DEVELOPERS, BUILDERS & INVESTORS AND VISIONARY BUYERS!—RARE CAMBRIDGE OPPORTUNITY! Offered for the first time in over 60 years, this three-family property sits on a substantial 7,773 SF lot and presents a compelling combination of immediate income and potential future upside. The property currently features three residential units PLUS 18 off-street parking spaces, creating multiple income streams while a buyer evaluates the property's highest and best use. Opportunities offering this combination of land, existing multifamily income, and significant off-street parking are increasingly difficult to find in Cambridge. Continue operating as an income-producing asset, reposition the existing property, or investigate potential redevelopment, expansion, or additional-unit possibilities. Buyer to perform all due diligence regarding zoning, permitting, density, buildability, and development potential. Seller and listing broker make no representations or warranties regarding future development or additional units. Bring your architect, contractor, and vision!

$22,620/mo

Est. mortgage payment based on a $3,400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73572556

Interior Features

Bedrooms
6
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$15,741
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Guy Contaldi with REMAX Andrew Realty Services

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Data last updated 4:32 AM UTC, 10/31/2026

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