3 Seagrave Rd, Cambridge, MA 02140

Local realty services provided by:ERA Key Realty Services
3 Seagrave Rd,Cambridge, MA 02140
$1,650,000
  • 5 Beds
  • 2 Baths
  • 2,644 sq. ft.
  • Multi-family
  • Active
Listed by: james riel, james riel
Office: jr associates
MLS#:73455838
Source:MLSPIN

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$624.05

About this home

A rare North Cambridge offering combining strong in-place income with verified redevelopment potential. This fully leased two-family (tenants through 8/31/26) 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.

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Home facts

  • Year built:1950
  • Listing ID #:73455838
  • Updated:November 20, 2025 at 12:08 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,644 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:2,644 sq. ft.
  • Lot area:0.09 Acres

Schools

  • High school:Rindge Avenue
  • Middle school:Rindge Avenue
  • Elementary school:Wild Rose

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$624.05
  • Tax amount:$7,666 (2025)
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