114 Elm St Open House Save Request In-Person Tour Request Virtual Tour
Cambridge,MA 02139
OPEN HOUSE
Sat Nov 22, 10:00am - 11:00am
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,795 sqft
Price per Sqft $764
MLS Listing ID 73456611
Bedrooms 12
Full Baths 6
Year Built 1930
Annual Tax Amount $12,089
Tax Year 2025
Lot Size 5,227 Sqft
Property Sub-Type 3 Family
Property Description
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.
Location
State MA
County Middlesex
Zoning C-1
Interior
Flooring Tile,Hardwood
Exterior
Garage Spaces 2.0
Community Features Public Transportation,Shopping,Park,Highway Access,Public School,T-Station
Utilities Available for Gas Range
Building
Lot Description Easements
Story 3
Foundation Block,Stone
Sewer Public Sewer
Water Public