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    114 Elm St Cambridge, MA 02139

    For Sale
    $2,900,000

    3 Family - Cambridge, MA

    Property size:
    3,795 SF
    Lot size:
    0.12 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 114 Elm St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    12
    Bathrooms
    6
    APN
    M:00086 L:00097,403194
    Parking
    4
    Parking features
    Off Street
    Size
    3,795 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1930
    Floors in Building
    3
    Number of units
    3
    Architectural style
    Other

    Keller Williams Realty Boston Northwest (978) 369-5775 [email protected]

    Listing agent Santana Team (978) 369-5775

    Listing date Nov 23, 2025

    MLS# 73456611 Listing URL

    Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cambridge Development Opportunity

    This 5,173 square foot lot in Cambridge, Massachusetts, presents a development opportunity in a desirable and growing neighborhood, situated between Inman and Central Squares. Currently, the property features three residential units, generating approximately $165,000 in annual rent. Zoning studies suggest the site could accommodate a six-story building with over 20 luxury condos. Alternatively, the property is suited for a boutique four-unit luxury townhouse project, offering over 2000 square feet per unit with covered parking. The property is zoned C-1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.097153
    Latitude
    42.369661

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    FAQs

    What type of property is this?
    Commercial land - Rare Cambridgeport lot with development potential and existing income.
    Where is this commercial land located?
    The property is located at 114 Elm St Cambridge, MA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Prime location: Situated between Inman and Central Squares in Cambridgeport.; - High-density development potential: Supports a 6-story building with 20+ luxury condos.; - Large lot size: 5,173 sq. ft. in a desirable location.
    (978) 369-5775
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Elm St Cambridge, MA 02139
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