As-of-right development opportunity in East Cambridge under the City’s new zoning. Ideally located near Kendall Square, MIT, and major life science and technology employers, this site offers a streamlined path to redevelopment in a highly sought-after, transit-oriented neighborhood. The property presents the opportunity to construct an elevator building, enhancing accessibility and long-term value. Buyers may also assume the current owner’s position in the permitting process, potentially expediting approvals and accelerating the project timeline. Enjoy proximity to cafés, restaurants, retail, parks, and everyday amenities, along with excellent access to MBTA bus routes, the Red and Green Lines, and major roadways. Surrounded by strong residential demand and ongoing investment, this site offers exceptional redevelopment potential with clear zoning. Seller to deliver stamped plans; buyer responsible for permitting and associated costs.
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Last Checked: May 29th, 2026 at 4:29am (Source: MLS PIN #73466506)
General Information for 47-53R 8th St, Cambridge MA 02141
Listing ID73466506
Price2995000
Land TypeResidential
Approx AcresApprox. 0.11 acres (4,618 SqFt)
Number of Lots
Road Frontage Type
ZoningC1
Electric220 Volts
GasNone
WaterPublic,on-site
SewerPublic Sewer,on-site,other
PERC Test
Association Required
Association Fee
Lot FeaturesGentle Sloping
Waterfront0
Waterfront Features
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Disclosures for 47-53R 8th St, Cambridge MA 02141
Special Listing Conditions
Financial Information for 47-53R 8th St, Cambridge MA 02141
Association Fee
Tax11049
Tax Year2025
Assessed Value$1,740,000
Contact Information for 47-53R 8th St, Cambridge MA 02141