Date
Details
Price
Change
Source
9/07/2026
Listed
$3,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/27
$3,400,000 Just Listed
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1/27
Property Description
DEVELOPERS, BUILDERS & INVESTORS AND VISIONARY BUYERS!-RARE CAMBRIDGE OPPORTUNITY! Offered for the first time in over 60 years, this three-family property sits on a substantial 7,773 SF lot and presents a compelling combination of immediate income and potential future upside. The property currently features three residential units PLUS 18 off-street parking spaces, creating multiple income streams while a buyer evaluates the property's highest and best use. Opportunities offering this combination of land, existing multifamily income, and significant off-street parking are increasingly difficult to find in Cambridge. Continue operating as an income-producing asset, reposition the existing property, or investigate potential redevelopment, expansion, or additional-unit possibilities. Buyer to perform all due diligence regarding zoning, permitting, density, buildability, and development potential. Seller and listing broker make no representations or warranties regarding future development or additional units. Bring your architect, contractor, and vision!
Full Property Details
Full Property Details for 2 Cambridge Terrace
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General
- Price: $3,400,000
- Taxes: $15,741 (2026)
- Status: Active
- Type: Multi-Family
- MLS ID: 73572556
- Updated: 9/7/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Paved Drive, Off Street
Location
- County: Middlesex
Structural Information
- Basement: Yes
- Stories/Levels: 3
- Square Feet: 3,471
- Year Built: 1903
Lot Features
- Lot Size (Acres): 0.18
Financial Considerations
- Tax Amount: $15,741
- Tax Year: 2026
Disclosures and Reports
- Disclosures/Rstr.: PARKING INCOME $4, 500 A MONTH TOTAL YEARLY INCOME $181, 056
- Property ID: M:0201 L:0064, 414530
Listed by REMAX Andrew Realty Services, Guy Contaldi
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Listing agent
— 2 Cambridge Terrace —
Guy Contaldi
REMAX Andrew Realty Services
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 2 Cambridge Terrace
School District:Cambridge School District
| Name | Grades | Distance |
|---|---|---|
Peabody School 70 Rindge Avenue, Cambridge, MA 02140 | PK-5 | 0.4 mi |
Maria L. Baldwin School 85 Oxford Street, Cambridge, MA 02138 | PK-5 | 0.5 mi |
John M. Tobin Montessori School 359 Broadway, Cambridge, MA 02139 | PK-5 | 1.5 mi |
Rindge Avenue Upper School 70 Rindge Avenue, Cambridge, MA 02140 | 6-8 | 0.4 mi |
Putnam Avenue Upper School 100 Putnam Avenue, Cambridge, MA 02139 | 6-8 | 1.5 mi |
Cambridge Street Upper School 840 Cambridge Street, Cambridge, MA 02141 | 6-8 | 1.9 mi |
Cambridge Rindge and Latin School 459 Broadway, Cambridge, MA 02138 | 9-12 | 1.1 mi |
Martin Luther King, Jr. School 102 Putnam Avenue, Cambridge, MA 02139 | PK-5 | 1.5 mi |
Haggerty School 110 Cushing Street, Cambridge, MA 02138 | PK-5 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 Cambridge Terrace
Tax History
Tax History for 2 Cambridge Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,515
7%
$2,285,800
—
2024
$13,515
5%
$2,282,900
4%
2023
$12,815
7%
$2,186,800
8%
2022
$11,932
4%
$2,015,500
3%
2021
$11,443
3%
$1,956,100
2%
2020
$11,079
7%
$1,926,800
11%
2019
$10,332
4%
$1,739,400
10%
2018
$9,974
2%
$1,585,700
5%
2017
$9,791
4%
$1,508,700
12%
2016
$9,401
8%
$1,344,900
21%
2015
$8,703
6%
$1,112,900
14%
2014
$8,174
—
$975,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2 Cambridge Terrace
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- Multi-Family
- Active
- Updated 16 hours ago
- 3Units
- 6Total Beds
- 0.11Acres
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- Condo
- Active
- Updated 2 hours ago
- 1Bed
- 2Total Baths
- 902Sq. Ft.
Listed by The Quirk Group (617) 266-4430
- Multi-Family
- Active
- Updated 3 hours ago
- 2Units
- 6Total Beds
- 0.07Acres
Listed by Barbara Fitzgerald (978) 664-3700
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- Townhouse
- Active
- Updated 31 minutes ago
- 2Beds
- 2Total Baths
- 951Sq. Ft.
- Townhouse
- Active
- Updated 2 hours ago
- 3Beds
- 2Total Baths
- 1,527Sq. Ft.
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- Single Family
- Closed
- 5Beds
- 5Total Baths
- 3,302Sq. Ft.
Listed by Gail Roberts, Ed Feijo & Team
- Single Family
- Closed
- 5Beds
- 5Total Baths
- 3,782Sq. Ft.
Listed by Gail Roberts, Ed Feijo & Team
2 Cambridge Ter, Cambridge, MA 02140 (MLS# 73572556) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 2 Cambridge Ter is currently listed for $3,400,000 and was received on September 07, 2026. Want to learn more about 2 Cambridge Ter? Do you have questions about finding other Multi-Family real estate for sale in Cambridge? You can browse all Cambridge real estate or contact a Coldwell Banker agent to request more information.