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.
— MLSPIN #: 73456611Map of 114 Elm St, Cambridge, MA 02139
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| List Price: | $2,900,000 |
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| Status: | Contingent |
| MLS ID: | 73456611 |
| Town: | Cambridge |
| County: | Middlesex |
| Zip: | 02139 |
| Property Type: | Residential Income |
| Property Sub Type: | 3 Family |
| Bedrooms: | 12 |
| Full Baths: | 6 |
| Living Area: | 3,795 sqft |
| Acres: | 0.12 |
| Taxes: | 12,089 |
| Flooring: | Tile, Hardwood |
| Lot Features: | Easements |
| Parking Features: | Off Street |
| Status: | Active Under Contract |
| Water Source: | Public |
| Year Built: | 1930 |
| Directions: | Off Hampshire St |
| Foundation Details: | Block, Stone |
| Postal Code Plus4: | 1404 |
| Electric: | Circuit Breakers |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-11-20 |
| Garage?: | Yes |
| Lot Size Area: | 0.12 |
| Lot Size Square Feet: | 5,173 |
| Rooms Total: | 18 |
| Bathrooms Total Integer: | 6 |
| Basement: | true |
| Basement: | Full, Walk-Out Access, Interior Entry, Unfinished |
| Building Area Source: | Public Records |
| Building Area Total: | 3,795 |
| Community Features: | Public Transportation, Shopping, Park, Highway Access, Public School, T-Station |
| Levels: | 3 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 3 |
| Parcel Number: | M:00086 L:00097, 403194 |
| Patio And Porch Features: | Deck |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Utilities: | for Gas Range |
| Zoning: | C-1 |
| Covered Spaces: | 2 |
| Garage Spaces: | 2 |
| Stories Total: | 3 |
| Year Built Source: | Public Records |
| Disclosures: | All leases end 8/21/26. Unit 1 - $4600/month Unit 2 - $4500/month Unit 3 - $4700/month. The seller is flexible on a closing date. Interior pictures are available upon request. Zoning study is attached. |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $165,600 |
| Listing Agreement: | Exclusive Right To Sell |
| Anticipated Sold Date: | 2026-08-31T04:00:00.000Z |
| Apod Available: | No |
| Certificate Number: | 000000041545 |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $764.16 |
| Page: | 192 |
| Price Per Sqft: | $764.16 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $165,600 |
| Original List Price: | $2,900,000 |
| Parking Total: | 4 |
| Tax Assessed Value: | $1,903,800 |
| Tax Year: | 2025 |
| Total Actual Rent: | $13,800 |
| Year Built Details: | Approximate |
| Waterview Flag: | No |
| Bedrms 1: | 4 |
| Bedrms 2: | 4 |
| Bedrms 3: | 4 |
| F Bths 1: | 2 |
| F Bths 2: | 2 |
| F Bths 3: | 2 |
| Hot Water: | Natural Gas, Tank |
| Rent1: | 4,600 |
| Rent2: | 4,500 |
| Rent3: | 4,700 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on December 14, 2025 06:38 PM
Property Last Updated: December 06, 2025 05:59 AM
Listing Courtesy of: Keller Williams Realty Boston Northwest
Listing Agent: Santana Team
