114 Elm St Cambridge MA 02139 MLS #73456611

114 Elm St
Cambridge, MA, 02139
$2,900,000
12 Beds
6 Baths
3,795 SqFt
0.12 Acres
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MLS #73456611 image #0
12/6 OPEN HOUSE IS CANCELED! SELLER ACCEPTED AN OFFER! ATTENTION DEVELOPERS & INVESTORS: Rare opportunity in one of Cambridge’s most desirable and fast-growing neighborhoods. Ideally located between Inman and Central Squares, this 5,173 sq. ft. lot includes three spacious residential units generating ~$165,000 in existing annual rent, providing strong cash flow while you plan your project. Zoning studies by a respected local architectural firm highlight exceptional flexibility: the site can support a 6-story building with 20+ luxury condos, maximizing the property’s full development potential. For a simpler path, it is also well-suited for a boutique 4-unit luxury townhouse project, offering 2000+ sq. ft. per unit with covered parking. A rare Cambridgeport offering with outstanding upside.

Property Details

Price:
$2,900,000
MLS #:
73456611
Status:
Pending
Beds:
12
Baths:
6
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Nov 20, 2025
Finished Sq Ft:
3,795
Total Sq Ft:
3,795
Lot Size:
5,173 sqft / 0.12 acres (approx)
Year Built:
1930
Units:
3

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Schools

Interior

Bathrooms
6 Full Bathrooms
Flooring
Tile, Hardwood

Exterior

Community Features
Public Transportation, Shopping, Park, Highway Access, Public School, T-Station
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
4

Financial

Net Operating Income
$165,600
Tax Year
2025
Taxes
$12,089

Map

Community

Market Summary

Current real estate data for Multi Family in Cambridge as of Feb 06, 2026
41
Multi Family Listed
109
Avg DOM
667
Avg $ / SqFt
$3,494,534
Avg List Price

Property Summary

    114 Elm St Cambridge MA is a Multi Family for sale in Cambridge, MA, 02139. It is listed for $2,900,000 To schedule a showing of MLS#73456611 at 114 Elm St in Cambridge, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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