3 Seagrave Rd, Cambridge, MA 02140
- Beds
- 5
- Baths
- 2
- Sqft
- 2,644
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
A rare North Cambridge offering combining strong in-place income with verified redevelopment potential. This fully leased two-family (both tenants through 7/31/26) produces a solid 4.22% CAP rate, making it a reliable investment from day one. Even more compelling, a formal zoning analysis by Context Workshop Architects confirms the ability to demolish the existing structure and construct up to nine (9) residential units with roughly 10,000 sq ft of gross living area under current C-1 zoning. With only 5' front and side setbacks required and no parking minimums under Cambridge’s new multifamily zoning, this site offers a clear by-right path for a boutique development project. Located minutes to Alewife Station, the Minuteman Bike Path, and steps from the transformative 46-acre Cambridge Point redevelopment, this property sits in one of the most rapidly evolving and highly connected neighborhoods in the city. A perfect opportunity for developers or investors seeking long-term upside.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 3
- Number of bedrooms
- 5
- Number of bathrooms
- 2
- Square feet
- 2,644
- Lot size (acres)
- 0.09
- Year built
- 1950
Interior features
- Basement
- Yes, Unfinished
Garage and parking
- Garage parking spaces
- 2
Utilities
- Heating
- Zoned
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2025)
- $7,666
Public schools
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Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73466811 Last checked: …
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