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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.

More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $165,600
  • Lot Features Easements
  • Mls StatusUnder Agreement
  • Parcel Number M:00086 L:00097,403194

Location

  • Address114 Elm Street
  • Building Number114
  • CountyMiddlesex
  • StateMA
  • StreetElm Street
  • TownCambridge
  • Zip02139

Utilities

  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
  • Other AmenitiesBasement

Other

  • Date Listed11/20/2025
  • Farm Land Area Units Square Feet
  • View Count3

Tax Information

  • Tax Assessed Value $1,903,800
  • Tax Year 2025
  • Taxes$12,089

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms12
  • Full Bath6

Building

  • BasementFull, Walk-Out Access, Interior Entry, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationBlock, Stone
  • Garage Spaces2
  • Levels 3
  • Patio And Porch Features Deck
  • Rooms18
  • Stories3
  • Units3
  • Utilities For Gas Range
  • Year Built1930
  • Year Built Details Approximate
  • Year Built Source Public Records

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Parking Features Off Street
  • Parking Spaces4

Basic Information

  • List Price$2,900,000
  • MLS Number73456611
  • Modification Date12/20/2025
  • Property SubType3 Family
  • Purchase Contract Date12/05/2025

Property

  • Acreage0.12

Interior

  • Flooring Tile, Hardwood

Property Information

  • Building Area Source Public Records
  • Living Area 3,795
  • Lot Size Square Feet 5,173
  • Lot Size Units Acres
  • Square Feet3,795

Map Location

Listed by Santana Team of Keller Williams Realty Boston Northwest

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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