343 & 343 1/2 Broadway, Cambridge
Offered for $3,400,000
Every once in a while a building of this stature comes to market. Two unspoiled early 1870’s Mansard Victorian side-by-side single-family homes, owned by two separate owners, are being offered to the market jointly. Built by M.M. Bigelow in 1873, most of the buildings of this type in Cambridge have long been converted to condominiums. Your chance to restore this property to grandeur with options for condos or two grand single-family homes (perhaps with auxiliary apartments) or the unusual commercial zoning of O1 expands the use to other commercial/ institutional potentials. A four-car parking plan has been approved by the City. With nearly 8,000 finishable square feet, many architectural features remain- high ceilings, crown moldings, wood floors, three-story bay windows, original staircases with electrified newel posts, and deep trim. Prime Mid-Cambridge corner lot across from the City of Cambridge Annex building, between Inman Square, Central Square and not far from Harvard and MIT.
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There is much more here than meets the eye. A prime lot on the corner of Broadway and Inman Street in the heart of Mid-Cambridge, yes. But, there is so much more.
Upon your first entry, you might be a bit distracted by the years of carefully curated collections of a well-traveled life, of art book collections upon every flat surface or stacked high in the corners. Your eyes may be overwhelmed with loved objects both personal and intrinsic, artistic and collected. Then you find yourself moving from room to room, losing track of the bedrooms, then losing yourself in the structure's almost 6,000 square foot time capsule within a floorplan mostly unaltered from the early-1870’s. Notice the deep baseboards swooping into the original worn staircases with hearty newel posts and electrified post lights. The plaster medallions, pocket doors, ceiling moldings, and picture rails still remain. Not much has changed since it was built except for some décor choices and a few bathroom, and kitchen updates. But mostly, the best description of this Mansard Victorian paired home is: Unspoiled Opportunity.
How many of these still exist in Cambridge? One can only guess not too many. These two attached single-family homes are being offered jointly by their separate owners who have both lived in each property for nearly 40 years. Together they know that finding the right buyer means finding either someone or some institution that understands what a special place this truly is. Recognizable not only for its location, but for its potential. Someone with inspiration, work ethic, and foresight, who can see through the blushing exterior paint upon the eaves and original moldings. Someone who can mend a few of the time-worn bones and in their mind’s eye see a show-stopping, breathtaking restoration. Perhaps seen as two grand single-family residences (maybe with auxiliary basement apartments) or rather four sumptuous condominiums all mostly buildable by-right. Unique zoning of O1 might allow for office space or institution use. Opportunity awaits the wise, creative and steadfast buyer who wants to own this prime corner in Cambridge.
We are deeply honored to be representing these two homes to the market with the historical provenance of the original owner and the difficult (bittersweet) release of a property that has been called home by two wonderful owners for 40 years. With them, we look forward to seeing the next chapter in the property’s 148 year history.
Welcome to 343 & 343 ½ Broadway in the heart of Mid-Cambridge.
Sincerely,
Bill Scott & Denise Price
The LIV Group with Berkshire Hathaway HomeServices
The LIV Group with Berkshire Hathaway HomeServices