Developers & Contractors: Project Alert! A+ Location in East Cambridge! Currently small 1120sf, 2bed Single Family in so-so condition with deep lot. One best use would be to tear down and build 2 townhouses/condos - this will likely require variances. Each new unit, at about 1,800-2,200sf, would be worth about $1,700,000-$1,800,000 for a sell out of $3,400,000-$3,600,000. **Buyer should do their own due diligence about what can be built.** Seller is abutter and would support new project on the property, prefers a relatively quick closing. Currently tenanted at $2,500/month TAW and tenant willing to stay or can be delivered vacant. Stellar location just blocks to Middlesex Courthouse, 40 Thorndike project, Cambridgeside Galleria and Lechmere station. Super convenience!
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