$2,900,000 ($764.16 per sqft)

Pending

Est. Mortgage $14,097/mo *

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114 Elm St, Cambridge, MA, 02139

114 Elm St, Cambridge, MA, 02139
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18 rooms

12 beds

6 Full baths

1930

3,795 sqft

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.

Status:

Pending

Type:

Multi-family

Units:

3

Zoning:

C-1

Garage:

2-car

Basement:

Full, Walk-Out Access, Interior Entry, Unfinished

Levels:

3

Parking:

4-car, Off Street

Acreage:

0.12

Est. Taxes:

$12,089

Assessment

$1,903,800

Construction

Frame

Utilities

for Gas Range

Lot Description:

Easements

Amenities:

Public Transportation, Shopping, Park, Highway Access, Public School, T-Station

MLS #:

73456611

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Santana Team, Keller Williams Realty Boston Northwest 617-497-8900