161 Cushing Street new

Cambridge,MA 02138

$ 2649900

6 Beds

2 Baths

2478 SqFt


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

Year Built 1925

Annual Tax Amount $8,738

Tax Year 2025

Lot Size 5,227 Sqft

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

Interior

Heating Other

Cooling Other

Fireplaces Number 2

Exterior

Fence Fenced/Enclosed

Building

Lot Description Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

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