Unit Information
Discover an unparalleled opportunity at 305-307 Broadway in Cambridge, MA, perfect for conversion into luxury condos, high-end apartment rentals, or a grand Inn. Current gross square footage, w/basement is 9,794 and condo resale value of close to $1000/ppsf = est. $9,794,000 gross profit. Sits on a 5,734 sq ft lot is a developer's dream under the city's new zoning regulations, allowing up to 6 stories with inclusionary housing or 4 stories by right. Situated in the heart of Cambridge, just steps from the vibrant business districts of Kendall, Central, & Inman Squares, this location promises minimal vacancies due to its prime position. Envision crafting a landmark that thrives in Cambridge's dynamic cultural & economic environment, with proximity to renowned universities and bustling commercial areas ensuring high demand & impressive returns. Engage with Cambridge’s progressive community and capitalize on the city's push for sustainable urban growth. An iconic development opportunity.
- Additional Details
- Type: Multi-Family, 5-9 Family
- Zip Code: 02139
- Levels: 3
- Parking
- Garage Capacity: 2
- Parking: Off Street
- Parking Spaces: 2
- Rooms and Dimensions
- Total Units: 2
- Total Floors: 3
- Total Rooms: 10
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$3,995,000
- MLS #: 73432171
- Bedrooms: 2
- Full Baths: 2
- Half Baths: 1
- Living Area: 7,576 sqft Convert
- Lot Size: 5,734 sqft Convert
- Acres: 0.13
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Luxury Residential Group
(617) 233-5800
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Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Donahue + Greene Group of Compass. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.