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.
| Units | 3 |
| Living area | 3,795 sqft |
| Lot size | 5,173 sqft |
| Year built | 1930 |
| Price / sqft | $772 |
| County | Middlesex |
| MLS # | 73456611 |
More about investing in Cambridge →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 3,795 sqft of living area, built in 1930.
At a list price of $2,900,000 across 3 units, that works out to roughly $966,667 per unit.
At $2,900,000 for 3,795 sqft, that's about $772 per square foot.
114 Elm St, Cambridge MA 02139 is in Cambridge, Middlesex County, MA 02139.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.