Six-Unit Apartment
For Sale
$4,500,000
57 Cedar Street, Cambridge, MA 02140
Three-story residential property with dedicated parking and proximity to Porter, Davis Square, and Alewife Station.
Property Size3,939 SF
Lot Size0.21 Acres
Price / SF$1,142
Days on Market158
Property Features for 57 Cedar Street
General Information
Standard status
Active
Size
3,939 SF
Total Parking Spaces
20
Lot size
0.21 Acres
Property subtype
Multi-family / 5-9 Family
Zoning
B
Net Operating Income
$183,187
Units
Unit Mix
6 x 1BR/1BA
Multifamily Units
6
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$17,159
Amenities
City/Town Sewer, Public
No
6.0
6
6.00
Frame
Shingle
Porch
Building Details
Year Built
1930
Buildings
1
Stories
3
Listing Agency:
Horvath & Tremblay
(781) 776-4000
Listed By:
Kelleher - Pentore Team · License #9528992
(781) 776-4000
Source:
Compass
Added: Mar 27
Changed: Aug 30
Last Checked: Aug 30 at 7:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay
Investment Insights
Based on property information with market context.
This three-story apartment property at 57 Cedar Street contains six 1-bedroom, 1-bathroom units, with 3,939 square feet of gross living area within 5,704 square feet of gross area. Built in 1930, the frame and shingle structure includes porches and 20 off-street parking spaces, consisting of 10 surface spaces and 10 garage stalls. The property occupies a 0.21-acre parcel, or 9,131 square feet, and is zoned B.
The Cambridge location is ½ mile from both Porter and Davis Square and less than 1 mile from Alewife and Alewife Station. Conceptual plans identify potential expansion at the rear of the existing building as well as a possible full-site redevelopment into a higher-density multifamily project under new Cambridge zoning laws.
The Cambridge location is ½ mile from both Porter and Davis Square and less than 1 mile from Alewife and Alewife Station. Conceptual plans identify potential expansion at the rear of the existing building as well as a possible full-site redevelopment into a higher-density multifamily project under new Cambridge zoning laws.
Key Highlights
- Six 1‑bedroom/1‑bathroom units in a three‑story apartment building
- 3,939 square feet of gross living area within 5,704 square feet of gross area
- 20 off‑street parking spaces: 10 off‑street spaces and 10 garage stalls
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,869
Businesses Nearby
Explore this area
Business Placement
Demographics for 02140, MA
21,447
Population
11,117
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
95%
High-School Grad
1.2 sq mi
ZIP Area
17,873
Density / Sq Mi
$136,382
Median Household Income
$77,506
Median Earnings
$2,581
Median Rent
$1,070,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story residential property with dedicated parking and proximity to Porter, Davis Square, and Alewife Station.
Where is this apartment building located?
The property is located at 57 Cedar Street Cambridge, MA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Six 1‑bedroom/1‑bathroom units in a three‑story apartment building; 3,939 square feet of gross living area within 5,704 square feet of gross area; 20 off‑street parking spaces: 10 off‑street spaces and 10 garage stalls
