427-429 Broadway Cambridge MA 02138 MLS #73476554

427-429 Broadway
Cambridge, MA, 02138
$3,595,000
8 Beds
3 Baths
5,295 SqFt
0.15 Acres
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MLS #73476554 image #0
Offers due 2/13 at noon. Exceptional development opportunity on a highly visible corner lot in the heart of Cambridge. Directly adjacent to the Cambridge Public Library, this premier site offers unmatched light, exposure, location, and prominence, making it an ideal setting for a landmark residential project. Take full advantage of Cambridge’s new high-density zoning ordinance, allowing up to 6 stories with affordable housing or 4 stories by right, with no set limit on unit count or FAR (buyers & agents to perform due diligence). This zoning flexibility creates a rare opportunity to develop either high-density luxury condominiums, rental units, or spacious, large-format luxury residences in one of the most supply-constrained markets in the country. Corner parcels with this positioning, visibility, and zoning potential almost never come to market, particularly in such a central and established location.

Property Details

Price:
$3,595,000
MLS #:
73476554
Status:
Pending
Beds:
8
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
midcambridge
Listed Date:
Feb 11, 2026
Finished Sq Ft:
5,295
Total Sq Ft:
5,295
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1873
Units:
3
TennisMid CambridgeMidcambridge

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Schools

Interior

Bathrooms
3 Full Bathrooms
Fireplaces Total
6
Levels
3

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Construction Materials
Frame
Lot Features
Corner Lot
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved
Parking Spots
4
Parking Total
4
Patio And Porch Features
Porch, Deck
Roof
Rubber
Stories
3

Financial

Net Operating Income
$28,800
Tax Year
2026
Taxes
$17,616

Map

Community

Market Summary

Current real estate data for Multi Family in Cambridge as of Apr 08, 2026
48
Multi Family Listed
82
Avg DOM
723
Avg $ / SqFt
$4,165,915
Avg List Price

Property Summary

    427-429 Broadway Cambridge MA is a Multi Family for sale in Cambridge, MA, 02138. It is listed for $3,595,000 To schedule a showing of MLS#73476554 at 427-429 Broadway in Cambridge, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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