76-78 Orchard, Cambridge, MA 02140
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76-78 Orchard, Cambridge, MA 02140
76-78 Orchard, Cambridge, MA 02140
76-78 Orchard, Cambridge, MA 02140
76-78 Orchard, Cambridge, MA 02140
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$ 2,995,000
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76-78 Orchard Cambridge, MA 02140

7 Beds

3 Baths

3,441 SqFt


Open House

Sat Sep 12, 12:00pm - 2:00pm

Sun Sep 13, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,441 sqft

Price per Sqft $870

MLS Listing ID 73574833

Bedrooms 7

Full Baths 3

Year Built 1903

Annual Tax Amount $11,712

Tax Year 2026

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Multi Family

Property Description

Developers and Buyers - Rarely does an opportunity of this caliber emerge on Orchard Street— previously named by The Boston Globe "Top Spots to Live: The Best Streets in Greater Boston." Miticulously maintained and perfectly positioned between the vibrant hubs of Davis and Porter Squares, this exceptionally maintained two-family home sits on a premier 5,100 SF lot, offering a sophisticated canvas for a high-end development project with significant profit potential. The existing structure encompasses 4,366 gross SF, but the true value lies in the expansive vision for the site. Developers have the unique chance to execute a full gut renovation of the front two-family to add approximately 4,000 SF, while simultaneously constructing an additional 8,000 SF (including basement) for new luxury condos. This brings the total projected gross saleable area to a staggering 12,000 SF. With a projected resale value of $1,200 per square foot, the gross resale potential for this project reaches $14.4M. This is a chance to define luxury living on one of the region's most prestigious streets.Asking Price: $2.995M. Alternatively it would make a wonderful home for an end user looking for an ideal A+ Cambridge location with significant rental income in either unit and an expansive yard to enjoy in a home that has been exceptionally maintained by its owners, Now is the time to secure your position on Orchard Street before the rest of the market catches on. Offers reviewed when received.

Location

State MA

County Middlesex

Area Porter Square

Zoning C1

Direction Mass Ave to Russell Street to Orchard Street.

Rooms

Basement Full, Finished

Interior

Flooring Wood, Hardwood

Exterior

Fence Fenced

Utilities Available for Gas Range, for Gas Oven

Roof Type Shingle

Total Parking Spaces 2

Garage No

Building

Lot Description Level

Story 3

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false


Listed by Compass
Emma Currier
Emma Currier

Agent

+1(413) 977-8200 | emmavalleyhomes@gmail.com

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76-78 Orchard