$1,625,000
6
Beds
3
Baths
3,319
Living Area
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Property Description
Fantastic opportunity to create a wonderful home in one of North Cambridge's most convenient locations. A 5,562 sq ft lot, situated on a one-way street with other well kept homes, 56 Rice St’s over 3,300 interior sq ft, not including the full unfinished basement, provides endless possibilities. The house will need updates but could be a wonderful single family for an end-user or developer. A condo conversion into 2 large units or a long term investment are other options that give this house immense flexibility for the next owner. The 2-car garage and deep lot add more utility and potential to this offering. Located just off Mass Ave. in close proximity to Porter & Davis Sq. along with Alewife there are many shops, restaurants and eateries at a stone's throw away. Group showings will be Fri 8/9 - Mon 8/12 from 12-1p and need to be confirmed with list agents. Seller may be willing to provide Buyer with financial incentives in the form of closing cost credits or other compensation.
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Highlights
- Area: North Cambridge
- Property Class: Residential Income
- Total Rooms: 12
- Status: Closed
- Parking Spots: 2
- Property Type: 2 Family - 2 Units Up/Down
- Year Built: 1898
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Additional Details
- Basement: Full
- Flooring: Wood
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
- Construction: Frame
- Foundation: Other
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: B
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 2
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,465,400
- Taxes: $8,918
- Tax Year: 2024
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Gibson Sotheby's International Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.