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. A dream opportunity for a developer seeking flexibility & long-term value.
Property Details
Price:
$3,595,000
MLS #:
73476554
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
midcambridge
Listed Date:
Feb 12, 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
See this Listing
Schools
Interior
Bathrooms
3 Full Bathrooms
Fireplaces Total
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
Parking Features
Paved
Parking Spots
4
Roof
Rubber
Financial
Tax Year
2026
Taxes
$17,616
Map
Community
- Address427-429 Broadway Cambridge MA
- CityCambridge
- CountyMiddlesex
- Zip Code02138
Subdivisions in Cambridge
Market Summary
Current real estate data for Multi Family in Cambridge as of Feb 12, 2026
39
Multi Family Listed
106
Avg DOM
668
Avg $ / SqFt
$3,486,436
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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Courtesy of Berkshire Hathaway HomeServices Warren Residential. 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.
427-429 Broadway
Cambridge, MA