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INVESTMENT SNAPSHOT
About this property
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 Cambridge’s 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 details
| Units | 9 |
| Living area | 10,544 sqft |
| Lot size | 4,076 sqft |
| Year built | 2026 |
| Price / sqft | $332 |
| County | Middlesex |
| MLS # | 73551562 |
Listing status
| Days on market | 4 days |
| Listed on | July 17, 2026 |
Taxes & financials
| Annual property tax | $9,569 |
| Tax year | 2025 |
| Assessed value | $1,506,900 |
| Zoning | B |
| Gross income (actual) | $156,000/yr |
| Net operating income (actual) | $156,000/yr |
| Total actual rent | $13,000/mo |
Building & lot
| Stories | 6 |
| Total rooms | 53 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Foundation | Concrete Perimeter |
| Roof | Rubber, Other |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Cambridge →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 16 Field St, Cambridge MA 02138 have?
It is a 9-unit multi-family property with 10,544 sqft of living area, built in 2026.
How long has 16 Field St, Cambridge MA 02138 been on the market?
16 Field St, Cambridge MA 02138 has been listed for 4 days (since July 17, 2026).
What is the price per unit?
At a list price of $3,500,000 across 9 units, that works out to roughly $388,889 per unit.
What are the property taxes on 16 Field St, Cambridge MA 02138?
Annual property taxes are $9,569 (2025), on an assessed value of $1,506,900.
What is the price per square foot?
At $3,500,000 for 10,544 sqft, that's about $332 per square foot.
Where is this property located?
16 Field St, Cambridge MA 02138 is in Cambridge, Middlesex County, MA 02138.
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