104 Otis Street Cambridge, MA 02141
List Price: $625,000
Territory Rebate: $10,630

A lovely brick 3 family located on a charming street with exceptional curb appeal. A true classic Cambridge property featuring high ceilings, hardwood floors, lovely back courtyard, nice kitchens and baths, extra large windows, exposed interior brick, sun filled, views off top floor. Minutes to Lechmere T stop and Kendall Square.

Click Here for more info.

Listing courtesy of Shane Marrion @ Benoit Real Estate Group ,LLC. This property information was gathered from third party sources including the seller and public records and was complied by MLS Property Information Network, Inc. Territory Real Estate, LLC disclaims any and all representations or warranties as to its accuracy.

Remember our old fyi posts regarding East Cambridge? We were trying to let our favorite buyers in on a little investment-potential secret in the area for numerous reasons, the biggest of course being Google’s expansion to Kendall Square … Well, just a reminder, those Google employees are hard at work in their new digs creating genious tools sure to make us salivate. The press alone keeps the East Cambridge expansion on the radar … So, we have taken it upon ourselves to showcase some properties currently on the market in East Cambridge. If you see something you like don’t hesitate to make a Tour using the “See It” button located on every listing sheet:

Single family w/ nice square footage for the price but likely a project. 5 bed/2bath. Walk to train.

I smell price drop and when it does this 4bed/3bath renovated single may be an interesting deal.

This is a wow single fam. Great location and renovation. 4bed/3.5bath w/yard and garage plus walk to train.

Clean and sparkling, this 1 bedroom is walking distance to the T.

Newly renovated 2 bedroom, nice price per square foot of $444. Walk to train.

Can’t pass up the charm of wide pine floors. Walk to Kendall T station. Nice square footage.

David Aposhian designed town home w/exposed beams. 2bed/1bath. walk to train.

Gotta have a unit from One First and this one has amazing contemporary design. 2bed/2bath full service

And a multi for all you investor types. 2800+sqre feet, 2 units, yard and driveway.

It’s hard to put a deal together in today’s market because while most sellers are thinking one thing all you buyers are thinking something completely different. Sometimes it takes deal or two falling apart to readjust everyone’s expectations. Below are a number of listings that are Back On Market (BOM).

These 4 listings are all 2 bedroom condos in Cambridge and range in price from $287,900 to $355,000. Each has recently gone under-agreement but for one reason or another the deals have fallen apart. You might find that these sellers, who have had their pot of gold ripped away at the last minute, are a little more willing to make a deal. Take advantage, it’s the Territory Way.

70579787 - 101 Gore Street, Cambridge
Listed by John & Scott of RCG Properties

70646964 - 17 Locust Terrace, Cambridge
Listed by Barbara Currier of Coldwell Banker Residential Brokerage - Cambridge - Huron Ave

70691787 - 270 Windsor Street, Cambridge
Listed by John & Scott of RCG Properties

70682614 - 11 Tufts Street, Cambridge
Listed by Henry A. Amar of Coldwell Banker Residential Brokerage - Cambridge - Mass Ave

You know that we love East Cambridge so this Sunday why don’t you go have a look for yourself. There are 6 properties with a scheduled open house and barring our lovely Boston weather they are all within reasonable walking distance of one another. Their schedules correspond pretty well too so if you dare you could hit them all.

70692518 & 70681909 - 103 Gore Street, Open house Sunday from 11:30 AM to 1:00 PM
70714613 - 305 Cambridge Street, Open house Sunday from 12:00 PM to 1:30 PM
70685529 - 85 Thorndike Street, Open house Sunday from 1:00 PM to 2:00 PM
70689201 - 10 Rogers Street, Open house Sunday from 1:30 PM to 3:00 PM
70676007 - 10 Museum Way, Open house Sunday from 2:00 PM to 3:00 PM

For a map of your route click here.

I have waited 7 days to make this post (sorry it was for reasons i cannot disclose ) but here it is …

Top floor loft with 2 master suite bedrooms and another half bath. Large deck off the largest bedroom. Huge open kitchen that has been completely renovated. 15.5ft ceilings. Original refinished pine floors. Large 600 square foot lofted area that would make a great convertible office/artist studio/guest bedroom with roof access. Oh, did i mention the deeded parking spot out back? Yep, it has one of those too! Check the property out here (pic’s don’t do it justice): MLS 70714613, 305 Cambridge St., unit 3.

Everyone always wants to buy in the next hot neighborhood. Well here’s your chance. East Cambridge will be the next “South End”. Combining affordable residential and retail prices with a rapidly growing job base (ever expanding MIT, MGH’s constant turnover and Google’s massive Cambridge expansion) and an incredibly central location (less than a mile from the Boston city line, encompassing Kendal Square and including both red and green line T stops), East Cambridge is poised to transition away from its heritage as a working-class enclave and become a vibrant neighborhood attracting young professionals and empty nesters from Boston and the suburbs. Search all East Cambridge Real Estate for Sale.

Luxury condo developments in East Cambridge:

• One First - already sold two-thirds of its 159 Phase I units
• Glass Factory - already all sold out its 107 units
• Regatta Riverview - already sold 427 of 436 units
• University Residential Communities - a co-op reserved for faculty, staff and alumni of Harvard University, the Massachusetts Institute of Technology and Massachusetts General Hospital
• Munroe Court - a high-end townhouse complex behind the Cambridge courthouse
• NorthPoint - construction has started on the first 230 units of the massive 2700 unit project.

Recreational Parks in East Cambridge:

• A five-acre park being built by the city
• A Riverpark opening along the Charles River
• A 10-acre park that’s part of the Northpoint project.

Notable retail in East Cambridge:

• Pugs Bar & Grill - recently underwent a $2 million dollar upgrade
• CambridgeSide Galleria - Apple Store, Best Buy, Barnes & Noble & more
• New Deal Fish Market - fresh sushi salmon & whole ocean fish
• Mayflower Poultry Shop - hormone-free chicken and super-jumbo eggs
• East Side Bar & Grille - steak tips and Italian-American fare
• Helmand - renown Afghan restaurant
• Dante - named by Bon Appetit magazine last year as one of the nation’s 10 hottest restaurants

Public transportation in East Cambridge:

• Red Line’s Kendall Square station
• Green Line’s Lechmere stop

Companies in East Cambridge:

• Novartis
• Pfizer
• Boston Scientific
• Genzyme
• Biogen
• Second Life
• Microsoft
• ZipCar

Recent Press for East:

• Retailers branch out to attract new crowd
• A downtown vibe at a discount price
• Google finds space for Hub expansion

The Boston Herald is reporting that Google is about to lease 100,000-200,000 sqft of office space in Kendal Square. The presence of a company like Google can have a huge impact on the local real estate market.

Of the 43 listings currently on the market in the East Cambridge / Kendal Square area, the average per square foot price is $466. This figured is skewed considerably by the luxury developments in the area: Northpoint, One 1st, Regatta Riverview and The Glass Factory. Removing those units results in a very reasonable average of $381 per square foot.

At that price point there is potential for substantial appreciation making it worth poking around the area. You never know, you might find something you have to own.