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5 Days on Jacob Realty
2
$2,649,900
Total Beds: 6 Total Baths: 2
Total Units: 2 SQFT: 2478
LOT size: 0.12 Acres
161 Cushing Street
Cambridge, MA 02138
View Map

Property Description

Exceptional Development Opportunity in West Cambridge’s Desirable Neighborhood!Seize a rare chance to acquire a 5,000+ sq. ft. lot in the heart of West Cambridge, strategically located to take full advantage of recent zoning changes. Currently being developed as a single-family home (see attached plans), this property offers tremendous potential for redevelopment, including the option to build two luxury townhomes, each featuring off-street parking and approximately 3,500-4,000 sq. ft. of living space. With an estimated sellout of $6M based on comparable sales at 186 & 180 Holworthy, this is an extraordinary investment opportunity. Alternatively, by-right zoning allows for the construction of 4-6 units, making it a prime buy-and-hold asset. For those looking to capitalize on the increased land value, the existing project can be completed and tailored to your vision.

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Total Fireplaces: 2

Financial

  • APOD Available: No

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1925
  • Foundation Info: Poured Concrete
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73336028
  • Last Updated: 02/22/25

Mortgage Calculator

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Map

Seller's Representative: Benjamin Cantor, Alba Realty Group LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.0
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-02-22 03:05:00