Presenting 124 Jackson Street, a 12,000 square foot development site located in the Alewife neighborhood of Cambridge, Massachusetts. Existing zoning allows for a building height of up to 6 stories (74’) or potentially 56,700 GSF+/-. Located in one of Greater Boston’s most dynamic and rapidly evolving submarkets, the property benefits from proximity to Alewife Station (MBTA Red Line), major thoroughfares (Route 2, I-95/128), and an array of commercial, academic, and life sciences hubs. 124 Jackson Street presents the opportunity for multifamily development in a highly sought-after Cambridge neighborhood.
Cambridge is located in Massachusetts. Cambridge, Massachusetts has a population of 116,892. Cambridge is less family-centric than the surrounding county with 31.66% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Cambridge, Massachusetts is $112,565. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Cambridge is 30.5 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 48 inches per year, with 50 inches of snow per year.
