85-89 Clay Street, Cambridge, MA 02140

$5,100,000

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List Price
$5,100,000
Status
NEW
MLS#
73594380
Lot Size (Acres)
0.21

Property Description

Rare Cambridge development opportunity offered at 85, 85A and 89 Clay Street. The offering includes a renovated two-family residence at 85 Clay, a separate rear cottage residence known as 85A Clay, and the larger lot at 89 Clay with a garage and parking spaces. Together, the two tax parcels contain approximately 9,254 sq. ft. per City assessing records; lot area, boundaries and frontage require independent survey verification. Set within North Cambridge's established residential neighborhood, the site offers convenient access to Alewife and Davis Square, Red Line service, and shops, cafes and restaurants along Massachusetts Avenue. Nearby Linear Park and the area's walking and cycling network add to the lifestyle appeal. The combination of neighborhood character, transit access and everyday conveniences offers an appealing setting for a potential condominium project, subject to feasibility and approvals. Existing residences paired with an adjoining garage lot present a rare opportunity to explore a thoughtfully designed residential development in Cambridge. A possible redevelopment concept of approximately 18-33 residential units is presented for buyer investigation only. THIS CONCEPT HAS NOT BEEN APPROVED BY THE CITY OF CAMBRIDGE. The unit range is conceptual, is not a statement of existing or permitted units, and is not a representation that this density is feasible or permitted by right.

Additional Information

Area
North Cambridge
Taxes
$22,500
Lot Description
Additional Land Available
Water
Public
Sewer
Public Sewer

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Listing courtesy of Listing Agent: Romeo Zeqo from Listing Office: Best Boston Realty, LLC.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.