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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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288 Columbia St , Cambridge, MA 02141
$1,500,000
Est. Payment: $3,333.33/mo
7 Bed
6 Bath
4628 Sqft
Status: Under Agreement | Days on site: 6
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House Description

Fully permitted with approved plans, this is a rare opportunity to develop a boutique residential project in Cambridge's highly desirable Kendall Square neighborhood. Plans include three thoughtfully designed units: one luxury 3-bedroom, 2-bath home and two spacious 2-bedroom, 2-bath homes, each featuring private decks or a roof deck. Shovel-ready and ideal for developers or investors seeking to build and sell distinctive condominiums or create a premium rental portfolio. Ideally situated between Inman, Kendall, and Central Squares, the property offers convenient access to Harvard University, MIT, the Red Line, commuter rail, leading employers, acclaimed restaurants, neighborhood cafés, boutique shopping, parks, and downtown Boston just across the Charles River. Combining an outstanding urban setting with approved plans already in place, this project offers flexibility for condominium development or long-term investment. Complete approved plan setand construction bid available under the paperclip. The lot for sale is a lot behind an existing three family at 288 Columbia the three family house is not included in the sale. We are only selling the lot behind it with fully permitted plans to build three units.

Highlights

Listed by David Lilley , 617-290-5868 RE/MAX Real Estate Center , 617-576-3800.

Property Type

Multi-Family

Lot/Acreage
0.1

Year Built

1894

County

Middlesex

Area

Inman Square

Listing ID

73553990

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:6
  • Full Bathrooms:6
Water:Public

Exterior Features

Lot:Level
Garage Capacity:0
Zoning:C-1
Roof:Rubber
Sewer:Public Sewer
Principal Interest
$3,333
Taxes
$1,005

Home Price

$1,500,000

Loan Details

30 yrs
%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,333.33 $1,004.58 $0.00 $4,337.92
Yearly $40,000.00 $12,055.00 $0.00 $52,055.00
Total $1,200,000.00 $361,650.00 $0.00 $1,561,650.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Cambridge, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.