BEDS12
BATHS6 full
SQUARE FEET3,795
MLS#73456611
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
Property Description
12/6 OPEN HOUSE IS CANCELED! SELLER ACCEPTED AN OFFER! ATTENTION DEVELOPERS & INVESTORS: Rare opportunity in one of Cambridges 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 propertys 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 Features
Property Type: Multi Unit - Multiple
Basement: Full, Walk-Out Access, Interior Entry, Unfinished
Basement: Yes
Garage: 2
Lot Size: 0.12 Acres
Stories: 3.0
Taxes: $12,089
Year Built: 1930
Feature Descriptions
Building Area Total: 3795
Community Features: Public Transportation, Shopping, Park, Highway Access, Public School, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 153
Dwelling Type: 3 Family
Electric: Circuit Breakers
Exterior: Frame
Flooring: Tile, Hardwood
GarageY/N: Yes
Lot Features: Easements
Parcel Number: M:00086 L:00097,403194
Parking Features: Off Street
Parking Total: 4
Patio And Porch: Deck
Rooms Total: 18
Sewer: Public Sewer
Units: 3
Utilities: for Gas Range
Water: Public
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Boston Northwest
Agency Phone: 617-497-8900
Agent Name: Santana Team
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 8,307.39 per month $6,454.14 Principal & Interest $1,007.42 Property Tax $845.83 Homeowner's Insurance
114 Elm St | MLS# 73456611
This multi-family property located at 114 Elm St, Cambridge, MA 02139 is currently listed for sale with an asking price of $2,900,000. Search Cambridge real estate on www.masiellogrouprealestate.com today.