114 Elm St, Cambridge MA 02139
Cambridge, MA 02139
$2,900,000
Est. $15,871/month
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About this home
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.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Pending Sale
Dec 5, 2025
Offer accepted, sale pending
Listed for Sale
Nov 20, 2025
$2,900,000
Original listing
Agent: Santana Team
Office: Keller Williams Realty Boston Northwest
Listed for Sale
Nov 20, 2025
$2,900,000
Original listing
Agent: Santana Team
Office: Keller Williams Realty Boston Northwest
Listed for Sale
Nov 20, 2025
$2,900,000
Original listing
Agent: Santana Team
Office: Keller Williams Realty Boston Northwest
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/05/2025 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 11/20/2025 | 🏠 Listed for Sale | $2,900,000 | - | - | Original listing |
| 11/20/2025 | 🏠 Listed for Sale | $2,900,000 | - | - | Original listing |
| 11/20/2025 | 🏠 Listed for Sale | $2,900,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $12,089 | $1,903,800 |
Financial Details
Annual Property Tax
$12,089
Tax Year 2025
Assessed Value
$1,903,800
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1930
Living Area
3,795 sq ft
Lot Size
0.12 acres
Stories
3
Bedrooms
12
Full Baths
6
Total Rooms
18
Investment Metrics
Units
3
Unit 1 Rent
$4,600/mo · Y
Unit 2 Rent
$4,500/mo · Y
Unit 3 Rent
$4,700/mo · Y
Total Monthly Rent
$13,800/mo
Gross Income
$165,600
Net Operating Income
$165,600
Cap Rate
5.71%
Interior
Heating
None
Cooling
None
Flooring
Tile, Hardwood
Appliances
None
Fireplace
None
Basement
Full, Walk-out Access, Interior Entry, Unfinished
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Garage Spaces
2
Has Garage
Yes
Features
Off Street
Total Spaces
4
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$12,089
Assessed Value
$1,903,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller 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.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
30 days
Property Overview
Property Type
3 Family
Listing Type
Sale Pending
Year Built
1930
Bedrooms
12
Full Bathrooms
6
Living Area
3,795 sq ft
Total Rooms
18
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,795 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Hardwood
Appliances:
Interior Features:
Windows:
Basement:
Full, Walk-Out Access, Interior Entry, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1930
Structure Type:
Exterior Materials:
Frame
Roof:
Foundation:
Block, Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Easements
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
4
Parking Features:
Off Street
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,007
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
114 Elm St, Cambridge MA 02139
Cambridge, MA 02139
Listing Information
Listing Agent
Santana Team
Listing Office
Keller Williams Realty Boston Northwest
Office Phone
617-497-8900
Agent MLS ID
TM008732
Office MLS ID
BB5474
Listing Data Updated
Dec 20, 2025 3:05 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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