DEVELOPERS, BUILDERS & INVESTORS AND VISIONARY BUYERS!—RARE CAMBRIDGE OPPORTUNITY! Offered for the first time in over 60 years, this three-family property sits on a substantial 7,773 SF lot and presents a compelling combination of immediate income and potential future upside. The property currently features three residential units PLUS 18 off-street parking spaces, creating multiple income streams while a buyer evaluates the property’s highest and best use. Opportunities offering this combination of land, existing multifamily income, and significant off-street parking are increasingly difficult to find in Cambridge. Continue operating as an income-producing asset, reposition the existing property, or investigate potential redevelopment, expansion, or additional-unit possibilities. Buyer to perform all due diligence regarding zoning, permitting, density, buildability, and development potential. Seller and listing broker make no representations or warranties regarding future development or additional units. Bring your architect, contractor, and vision!
Property Details
Price:
$3,400,000
MLS #:
73572556
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
portersquare
Listed Date:
Sep 7, 2026
Finished Sq Ft:
3,471
Total Sq Ft:
3,471
Lot Size:
7,773 sqft / 0.18 acres (approx)
Year Built:
1903
Units:
3
See this Listing
Schools
Interior
Above Grade Finished Area
3471
Appliances
Range, Dishwasher, Disposal, Refrigerator, Freezer, Oven
Bathrooms
3 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Tile, Hardwood
Heating
Natural Gas
Interior Features
Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, House of Worship, Private School, Public School, T-Station, University
Exterior Features
Balcony/Deck, Balcony
Lot Features
Corner Lot, Level
Open Parking Spaces
18
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
18
Parking Total
18
Patio And Porch Features
Deck – Composite
Roof
Rubber
Stories
3
Window Features
Insulated Windows
Financial
Tax Year
2026
Taxes
$15,741
Map
Community
- Address2 Ter Cambridge Cambridge MA
- CityCambridge
- CountyMiddlesex
- Zip Code02140
Subdivisions in Cambridge
Market Summary
Current real estate data for Multi Family in Cambridge as of Sep 08, 2026
41
Multi Family Listed
130
Avg DOM
710
Avg $ / SqFt
$4,090,214
Avg List Price
Property Summary
- 2 Ter Cambridge Cambridge MA is a Multi Family for sale in Cambridge, MA, 02140. It is listed for $3,400,000 To schedule a showing of MLS#73572556 at 2 Ter Cambridge in Cambridge, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Advisors Living – Back Bay. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.
2 Ter Cambridge
Cambridge, MA