47-53R 8th St, Cambridge, MA 02141
47-53R 8th St, Cambridge, MA 02141
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$ 2,995,000
Est. payment | /mo

4,791 Sqft Lot


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$ 2,995,000
Est. payment | /mo
Save

4,791 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73466506

HOA Y/N false

Annual Tax Amount $11,049

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Residential

Property Description

As-of-right development opportunity in East Cambridge under the City's new zoning. Ideally located near Kendall Square, MIT, and major life science and technology employers, this site offers a streamlined path to redevelopment in a highly sought-after, transit-oriented neighborhood. The property presents the opportunity to construct an elevator building, enhancing accessibility and long-term value. Buyers may also assume the current owner's position in the permitting process, potentially expediting approvals and accelerating the project timeline. Enjoy proximity to cafés, restaurants, retail, parks, and everyday amenities, along with excellent access to MBTA bus routes, the Red and Green Lines, and major roadways. Surrounded by strong residential demand and ongoing investment, this site offers exceptional redevelopment potential with clear zoning. Seller to deliver stamped plans; buyer responsible for permitting and associated costs.

Location

State MA

County Middlesex

Area East Cambridge

Zoning C1

Direction (From Cambridge St) Turn onto 7th. Follow to end, Right onto Spring St. Right onto 8th St (One Way)

Exterior

Community Features Public Transportation, Shopping, Park, Public School, T-Station

Building

Lot Description Easements, Irregular Lot, Other

Sewer Public Sewer, On-Site, Other

Water Public, On-Site

Others

Senior Community false

Listed by EVO Real Estate Group, LLC

Nearby Locations

Melanie Gundersheim

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(617) 997-8272

melanie@gundersheimgroup.com

10 Lincoln St, Newton, MA, 02461, United States

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47-53R 8th St