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
$2,900,000
114 Elm St
Cambridge, MA, 02139
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:
6
Address:
114 Elm St
Type:
Multi Family
Subtype:
3 Family
City:
Cambridge
Listed Date:
Nov 20, 2025
State:
MA
Finished Sq Ft:
3,795
Total Sq Ft:
3,795
ZIP:
02139
Lot Size:
5,173 sqft / 0.12 acres (approx)
Year Built:
1930
Units:
3

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
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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114 Elm St
Cambridge, MA