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:
Active
Beds:
12
Baths:
8
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
See this Listing
Schools
Interior
Bathrooms
8 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
2
Financial
Tax Year
2025
Taxes
$12,089
Map
Community
- Address114 Elm St Cambridge MA
- CityCambridge
- CountyMiddlesex
- Zip Code02139
Subdivisions in Cambridge
Market Summary
Current real estate data for Multi Family in Cambridge as of Nov 20, 2025
51
Multi Family Listed
80
Avg DOM
731
Avg $ / SqFt
$3,200,586
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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Courtesy of Keller Williams Realty Boston Northwest. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
114 Elm St
Cambridge, MA