$8,995,000
5
Beds
4/2
Baths
9,200
Living Area
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Property Description
Welcome to 148 Huron Avenue, Cambridge, a prime investment opportunity situated near the renowned Harvard University, Fresh Pond Recreation & vibrant shopping areas. This property features a pre-existing three-story building with over 9,000 square feet. Currently houses two floors of Commercial Space that makes up 4,760 Sq. Ft then another 3 Residential Spaces in floors 2 & 3. The 3rd level features a luxury SOHO loft style space with an opulent spa like space that speaks of refined urban living. Additionally, the parcel includes over 5,000 square feet of land poised for development. This unique offering presents endless possibilities for investors and developers alike, capitalizing on the property's strategic location and substantial development potential. With existing building at just over 9000/Sf and ability to build new units below IZ at 9,999 square feet provide approx 19,000/SF at market rate of est. $1000/PPSF = resale condo gross $19 Million.
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Highlights
- Has View: Yes
- Parking Spots: 20
- Property Type: 5-9 Family
- Total Rooms: 19
- Status: Active
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1905
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Additional Details
- Basement: Full, Partially Finished
- Exterior Features: Balcony
- Flooring: Wood, Tile
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 4
- Year Built Details: Actual
- Zoning: C10
- Construction: Brick
- Fireplaces: 2
- Foundation: Block
- Road Frontage Type: Public
- SqFt Source: Other
- View: City View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station, University
- Parking Features: Off Street
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,823,900
- Taxes: $23,241
- Tax Year: 2025
- Total Rent: $16,000
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