231 Third Street

Cambridge, MA 02142

$2,250,000
Price
2,648 / 0.06
Lot Size / Acres

Property Details for 231 Third Street

StatusUnder Agreement
MLS #72587995
Year Built-
DOM66
Compass TypeLand
MLS TypeLand / Residential
Taxes$11,997.46 / year
HOA Fees-
CountyMiddlesex County

Listing Agent

Contact Agent(s)

Property Details for 231 Third Street

Town
Cambridge
MLS Area
Larchwood
Parking Spaces Total
0

Description

Rare residential development opportunity in heart of Kendall Sq! POTENTIAL for 18 units! 231 & 235 Third St are being offered for portfolio purchase for $2.25 each.W/ a combined size of around 5,560 sq ft, together these lots have the potential w/ proper permitting to support multiple residential units.Per Eastern Cambridge Overlay in zoning IA-1, max potential new residential building could be approx 13,750 sq feet of living area. Red/Green T lines are nearby as are MIT & dozens of the world's most... innovative companies.Google, Microsoft, Facebook, Twitter, Novartis, Amazon, Pfizer, Biogen & Genzyme employees would love to live so close to work! Location/Opportunity make this one of the most desirable corners in all of Cambridge.Enjoy being just 1 subway stop on Red Line from Beacon Hill/Mass. General & 2 stops from Harvard Sq! Prior to making Offer,Buyers must do their own due diligence regarding proposed use & number of units possible.Listing agents don't guarantee accuracy of info.

Location

Listing Agents

  1. Kevin Clancy

    Alternative Listing Agent

    Compass

    k.clancy@compass.com

    P: 617.821.5879

  2. David Shorey

    Alternative Listing Agent

    Compass

Building Information for 231 Third Street

Lot Size0.06 AC

Payment Calculator

$9,093 per month

30 year fixed, 3.51% Interest

Principal and Interest

$8,093

Property Taxes

$1,000

HOA Dues

$0

Property Information for 231 Third Street

General Details
    Property Details
  • Property Type: Land
  • Land Type: Residential
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • List Price: $2,250,000
  • List Date: 11-03-2019
  • Status: Under Agreement
  • List Number: 7.2587995E7
  • Waterfront: No
Features
    Utilities
  • Electric: On-Site
  • Gas: On-Site
  • Sewer: Public
  • Water: Public
Property Information
    Property Info
  • Acres: .06
  • Land Description: Level
  • Road Type: Public
    Tax Information
  • Assessments: $849,600
  • Page: 000
  • Tax ID: 400756
  • Tax Year: 2019
  • Taxes: $11,997
  • Zoning: IA-1
Building / Association Information
    Other Building Characteristics
  • Zone Usage: Other (See Remarks)

Property History for 231 Third Street

DateEvent & SourcePriceAppreciation
Jan 8, 2020Under Agreement

MLS PIN #72587995

Jan 8, 2020Contingent

MLS PIN #72587995

Nov 3, 2019Listed (Active)

MLS PIN #72587995

$2,250,000
DateEvent & SourcePrice
01/08/2020
Under Agreement

MLS PIN #72587995

01/08/2020
Contingent

MLS PIN #72587995

11/03/2019
Listed (Active)

MLS PIN #72587995

$2,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 231 Third Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Cambridge Street Upper SchoolPublic6-80.3 mi
4
Kennedy-Longfellow SchoolPublicPK-50.3 mi
2
Fletcher/Maynard AcademyPublicPK-50.7 mi
4
Boston Children's SchoolPrivatePK-10.7 mi
NR

Cambridge Street Upper School

6-8, 0.3 mi, Public

4

Kennedy-Longfellow School

PK-5, 0.3 mi, Public

2

Fletcher/Maynard Academy

PK-5, 0.7 mi, Public

4

Boston Children's School

PK-1, 0.7 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
The property listing data and information, or the images, 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, and the images, 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, or as to the accuracy of any of the images, set forth herein.