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305 Broadway

cambridge, MA 02139

$3,995,000

  • 2 BR
    2 BA, 1 HALF BA
    APPROX. 7,576 SF

INTERESTED? LET'S CONNECT

Discover an unparalleled opportunity at 305-307 Broadway in Cambridge, MA, perfect for conversion into luxury condos, high-end apartment rentals, or a grand Inn. Current gross square footage, w/basement is 9,794 and condo resale value of close to $1000/ppsf = est. $9,794,000 gross profit. Sits on a 5,734 sq ft lot is a developer's dream under the city's new zoning regulations, allowing up to 6 stories with inclusionary housing or 4 stories by right. Situated in the heart of Cambridge, just steps from the vibrant business districts of Kendall, Central, & Inman Squares, this location promises minimal vacancies due to its prime position. Envision crafting a landmark that thrives in Cambridge's dynamic cultural & economic environment, with proximity to renowned universities and bustling commercial areas ensuring high demand & impressive returns. Engage with Cambridge’s progressive community and capitalize on the city's push for sustainable urban growth. An iconic development opportunity.

Details

7,576 Sq Ft

5,734 Sq Ft Lot Size

Investment

$11,322 Annual Tax

Built in 1840

MLS/Listing ID 73432171

3 Stories

2 Units

Amenities & Features

Parking - Off Street

Lot - Corner Lot

Lot - Level

Brick Mortar

Stone

Fenced

estimate my mortgage

TOTAL MONTHLY COST

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  • PRINCIPAL & INTEREST

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  • PROPERTY TAXES

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