231 Third Street

$2,250,000, .06 Acres

About This Property

Rare residential development opportunity in heart of Kendall Sq! POTENTIAL for 18 units! 231 & 235 Third St are being offered for portfolio purchase at $2.25M each.W/ a combined size of around 5,560 sq feet, together these lots have the potential w/ proper permitting to support multiple residential units.Per Eastern Cambridge Overlay in zoning IA-1, max potential new residential building could be approx 13,750 sq feet of living area. Red/Green T lines are nearby as are MIT & dozens of the world's most innovative companies.Google, Microsoft, Facebook,Twitter, Novartis, Amazon, Pfizer, Biogen & Genzyme employees would love to live so close to work! Location/Opportunity make this one of the most desirable corners in all of Cambridge.Enjoy being just 1 subway stop on Red Line from Beacon Hill/Mass. General & 2 stops from Harvard Sq! Prior to making Offer,Buyers must do their own due diligence regarding proposed use & number of units possible.Listing agents don't guarantee accuracy of info!

Essential Information

MLS® #72586946
Price$2,250,000
Acres0.06
TypeCommercial / Industrial
Sub-TypeOffice
StatusActive

Community Information

Address231 Third Street
SubdivisionKendall Square
CityCambridge
CountyMiddlesex
StateMA
Zip Code02142

Amenities

Parking Spaces2

Listing Details

AgentThe Shorey Realty Group
OfficeCompass

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