25-29 River St, Cambridge, MA 02139
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$3,200,000
9 Unit
9 Beds
18 Baths
2876 SQFT
0.15 Acre

Property Description

25-29 River Street is a prime re-development opportunity situated in an incredible urban-infill location in Cambridge's Central Square. Consisting of 0.15-acres (6,534 square feet), the Property is zoned C-1 Neighborhood Commercial District, one of the most versatile zoning designations in Cambridge. The Property is currently leased to Enterprise Car Rental. Enterprise has been at this location since 2012 and has just over 2 years remaining on their lease without any renewal options. Future Development Options: (1) Three Story Multifamily (35') - 9,999 SF of Development. By-right Option. (2) Six Story Multifamily (66') - 22,902 SF of Development. Option requires Site Plan Review and 20% Affordable Component. (3) Three Story Townhome - 9,999 SF of Development (5 units) By-right Option. 25-29 River Street offers the rare opportunity to acquire an exceptionally well-located development parcel that offers secure income for the next 2+ years.

Property Details tap to expand

Building Information

  • Total Units: 9
  • Total Floors: 18
  • Total Bedrooms: 9
  • Total Full Baths: 9
  • Total Half Baths: 9
  • Total Fireplaces: 18

Financial

  • APOD Available: No
  • Gross Operating Income: 12096
  • Net Operating Income: 12096

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 9
  • Levels: 9

Unit 2 Description

  • Under Lease: No
  • Floors: 9
  • Levels: 9

Construction

  • Year Built: 1937
  • Type: 5+ Family - 5+ Units Side by Side
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73422923
  • Last Updated: 08/28/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/28/2025New$3,200,000$1,113MLSPIN
08/28/2025New$3,200,000MLSPIN

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Seller's Representative: Kelleher - Pentore Team, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-08-28 09:42:00