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Bean Group
Offered at $5,100,000Active
beds
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baths
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sq ft
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Built
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85-89 Clay Street

Cambridge, MA 02140

About this home

Rare Cambridge development opportunity offered at 85, 85A and 89 Clay Street. The offering includes a renovated two-family residence at 85 Clay, a separate rear cottage residence known as 85A Clay, and the larger lot at 89 Clay with a garage and parking spaces. Together, the two tax parcels contain approximately 9,254 sq. ft. per City assessing records; lot area, boundaries and frontage require independent survey verification. Set within North Cambridge's established residential neighborhood, the site offers convenient access to Alewife and Davis Square, Red Line service, and shops, cafes and restaurants along Massachusetts Avenue. Nearby Linear Park and the area's walking and cycling network add to the lifestyle appeal. The combination of neighborhood character, transit access and everyday conveniences offers an appealing setting for a potential condominium project, subject to feasibility and approvals. Existing residences paired with an adjoining garage lot present a rare opportunity to explore a thoughtfully designed residential development in Cambridge. A possible redevelopment concept of approximately 18-33 residential units is presented for buyer investigation only. THIS CONCEPT HAS NOT BEEN APPROVED BY THE CITY OF CAMBRIDGE. The unit range is conceptual, is not a statement of existing or permitted units, and is not a representation that this density is feasible or permitted by right.

Listing last checked: Listing updated:

Listed by Romeo Zeqo · Best Boston Realty, LLC · MLS #73594380

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Details at a glance

Interior1 property facts
Basement
Not reported
Building1 property facts
Style
Residential
Land & utilities5 property facts
Lot size
0.21 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
c1
Financial2 property facts
Annual taxes
$22,500
Assessment year
2027

Location

Estimated monthly cost

Explore costs at the $5,100,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$27,663 / monthAdjust
Principal & interest
$25,788
Property tax
$1,875
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $22,500. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $6,280,269

Estimated range $4,405,305–$8,155,233.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: above average

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About 85-89 Clay Street

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Request a tour of 85-89 Clay Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.