The Fava Group
"The Fava Group" Maine to New Hampshire Realtors®
REALTORS®, LUXBHGRE - Luxury Homes
BEDS19
BATHS18 full
SQUARE FEET10,544
MLS#73551562
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Will be Fully permitted 9 unit development opportunity in highly desirable West Cambridge. Soon to be approved plans for 8 luxury two-bedroom and 1 three-bedroom residences, each thoughtfully designed with private balconies / studies / roof decks. Ideal for investors or developers. Sell as premium condominiums or hold as high-end rental units. The site will be shovel-ready, allowing immediate demo and construction and reduced timeline to completion. Take advantage of Cambridges generous zoning laws and strong demand for upscale housing. Located near Danehy Park, Fresh Pond, playgrounds, acclaimed restaurants, boutique shopping, Harvard Square, Porter Square, Route 2, and the Mass Pike. Enjoy convenient access to the Red Line, commuter rail, Harvard, MIT, Kendall Square, and Cambridge's world-renowned innovation economy. A rare turnkey opportunity in one of Cambridge's most coveted neighborhoods. Please see offering memorandum as well as full set of plans under paper clip.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.09 Acres
Roof Type: Rubber, Other
Stories: 6.0
Taxes: $9,569
Year Built: 2026
Amenities
Balcony
Feature Descriptions
Building Area Total: 10544
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 7
Dwelling Type: 5-9 Family
Exterior: Frame
Green Energy Generation: Solar
Lot Features: Level
Parcel Number: M:00262 L:00066
Parking Total: 0
Rooms Total: 53
Sewer: Public Sewer
Units: 9
Water: Public
Listed By / Shown By
Listed By
Agency Name: RE/MAX Real Estate Center
Agent Name: David Lilley
Agency Phone: 617-576-3800
Shown By
Agent Name: The Fava Group
Agent Phone: (603) 289-4736
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 9,607.73 per month $7,789.48 Principal & Interest $797.42 Property Tax $1,020.83 Homeowner's Insurance
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16 Field St | MLS# 73551562
This multi-family property located at 16 Field St, Cambridge, MA 02138 is currently listed for sale with an asking price of $3,500,000. Search Cambridge real estate on thefavagroup.masiellogrouprealestate.com today.