106 Ellery St

Set on a tree-lined street in the heart of Mid Cambridge, this multi-family Victorian circa 1880 offers extraordinary opportunity for developers, investors, or end users w/ vision. Rich in period detail, the existing home features stunning crown moldings, beautiful banisters, hardwood floors throughout, and the timeless character rarely found today. While the home requires significant renovation, its architectural charm provides a remarkable foundation for restoration. The true value, however, lies in the large 8,890 sq. ft. lot's redevelopment potential. Subject to a restrictive covenant w/ setback requirements, which will be recorded prior to closing, the property may accommodate two separate luxury condominium buildings w/ 2 units in each building. Unbeatable location near Harvard Square, MIT, Lesley University, shops, restaurants, parks, & public transportation. A rare chance to create something truly special in one of Cambridge’s most sought after neighborhoods!