161 Cushing Street, Cambridge, MA 02138 | Concept Properties

161 Cushing Street, Cambridge, MA 02138

  • $2,649,900
  • $1,069
161 Cushing Street, Cambridge, MA 02138
For Sale
161 Cushing Street, Cambridge, MA 02138
  • $2,649,900
  • $1,069


Overview

Property ID: 73336028
  • Multi-family
  • Property Type
  • 6
  • Bedrooms
  • 2
  • Bathrooms
  • 0
  • Garage
  • 5050
  • Sq Ft
  • 1925
  • Year Built

Description

Multi Family property with 6 bedroom(s), 2 bathroom(s) in Cambridge MA.

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.

  • Address 161 Cushing Street, Cambridge, MA 02138
  • City Cambridge
  • State/county MA
  • Zip/Postal Code 02138

Details

Updated on February 19, 2025 at 12:10 am
  • Property ID: 73336028
  • Price: $2,649,900
  • Property Size: 5050 Sq Ft
  • Bedrooms: 6
  • Bathrooms: 2
  • Garage: 0
  • Year Built: 1925
  • Property Type: Multi-family
  • Property Status: For Sale

Additional details

  • Fire places: 2
  • Total Rooms: 11
  • Sewer: Public Sewer
  • Water Source: Public
  • Office Name: Alba Realty Group LLC
  • Agent Name: Benjamin Cantor

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