3 Seagrave Rd, Cambridge, MA 02140 - Photo 1

1/1

$1,475,000

Sold
Closed
Multi-Family
2 Units
5 Total Beds
0.09 Acres
2 Car Garage

1/1

Property Description

A rare North Cambridge offering combining strong in-place income with verified redevelopment potential. This fully leased two-family (both tenants through 7/31/26) produces a solid 4.22% CAP rate, making it a reliable investment from day one. Even more compelling, a formal zoning analysis by Context Workshop Architects confirms the ability to demolish the existing structure and construct up to nine (9) residential units with roughly 10,000 sq ft of gross living area under current C-1 zoning. With only 5' front and side setbacks required and no parking minimums under Cambridge's new multifamily zoning, this site offers a clear by-right path for a boutique development project. Located minutes to Alewife Station, the Minuteman Bike Path, and steps from the transformative 46-acre Cambridge Point redevelopment, this property sits in one of the most rapidly evolving and highly connected neighborhoods in the city. A perfect opportunity for developers or investors seeking long-term upside.

Full Property Details

Full Property Details for 3 Seagrave Rd

General

Sold For: $1,475,000
Taxes: $7,666 (2025)
Status: Closed
Type: Multi-Family
MLS ID: 73466811
Added to Site: 146 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 5

Parking

Garage: Yes
Garage Spaces: 2
Parking Features: Off Street, Tandem, Paved

Location

County: Middlesex

Structural Information

Basement: Yes
Stories/Levels: 3
Square Feet: 2,644
Year Built: 1950

Lot Features

Lot Size (Acres): 0.09

Financial Considerations

Tax Amount: $7,666
Tax Year: 2025

Disclosures and Reports

Disclosures/Rstr.: Seller and seller's agent/facilitator make no guarantees or warranties. Buyer to perform all due diligence. This property does require floor insurance. See paperclip. Approx. $1, 700 per year (per seller disclosure). Rendering of new building is ONLY for visual purposes, not approved or 100% to scale
Property ID: M:00187 L:00036, 413106

Listed and Sold by JR Associates, James Riel

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Listing agent

— 3 Seagrave Rd —

James Riel

JR Associates

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Schools

Schools serving 3 Seagrave Rd

School District:Cambridge School District

Name	Grades	Distance
Peabody School 70 Rindge Avenue, Cambridge, MA 02140	PK-5	0.7 mi
Maria L. Baldwin School 85 Oxford Street, Cambridge, MA 02138	PK-5	1.6 mi
Haggerty School 110 Cushing Street, Cambridge, MA 02138	PK-5	1.7 mi
Rindge Avenue Upper School 70 Rindge Avenue, Cambridge, MA 02140	6-8	0.7 mi
Putnam Avenue Upper School 100 Putnam Avenue, Cambridge, MA 02139	6-8	2.6 mi
Cambridge Street Upper School 840 Cambridge Street, Cambridge, MA 02141	6-8	3.1 mi
Cambridge Rindge and Latin School 459 Broadway, Cambridge, MA 02138	9-12	2.2 mi
John M. Tobin Montessori School 359 Broadway, Cambridge, MA 02139	PK-5	2.6 mi
Martin Luther King, Jr. School 102 Putnam Avenue, Cambridge, MA 02139	PK-5	2.6 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 3 Seagrave Rd

Date

Details

Price

Change

Source

5/01/2026

Sold

$1,475,000

-4.84%

MLS

1/13/2026

Price Reduced

$1,550,000

-6.06%

MLS

1/08/2026

Listed

$1,650,000

—

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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3 Seagrave Rd, Cambridge, MA 02140 (MLS# 73466811) is a Multi-Family property that was sold at $1,475,000 on May 01, 2026. Want to learn more about 3 Seagrave Rd? 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.

3 Seagrave Rd Cambridge, MA 02140