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114 Elm St, Cambridge MA 02139

Cambridge, MA 02139
$2,900,000
Est. $15,871/month
12
Beds
6
Baths
3,795
Sq Ft
$764
Price/Sq Ft
0.12
Acres
1930
Year Built
2
Garage Spaces
28
Days on Market
Pending Listed Nov 20, 2025 • MLS# 73456611 Copied! • Updated Dec 20, 2025

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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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

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

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
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%
Heating None
Cooling None
Flooring Tile, Hardwood
Appliances None
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck
Garage Spaces 2
Has Garage Yes
Features Off Street
Total Spaces 4
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $12,089
Assessed Value $1,903,800
Fee Includes None
Amenities None
Optional Fee Includes None
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.
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
For Sale
Year Built
1930
Bedrooms
12
Full Bathrooms
6
Living Area
3,795 sq ft
Total Rooms
18
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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
School District
Cambridge School District local
A-
🎓 Where Graduates Go Class of 2021
65% attend college
58% 4-Year 7% 2-Year 23% Out of State 7% Working
School Safety 2024-25
1.2% Low
0.8% Suspensions 0.2% In-School 0.4% Emergency
4.3% below state avg
E

Elementary Schools

10 schools
C
Prospect Hill Academy Charter School
0.2 mi | #253 of 346 | Score: 45.9
Improved 29 spots from last year
-12.3 below state avg
890 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades PK-12
A
Amigos School
0.7 mi | #45 of 352 | Score: 57.8
Improved 14 spots from last year
-0.5 below state avg
413 students Diverse
Diverse Student Body
Grades PK-08
St. Peter Elementary School
1.8 mi
Grades PK-08
Cambridge Montessori School
2.1 mi
Grades PK-06
Cambridge Friends School
2.1 mi
Grades PK-08
Shady Hill School
2.1 mi
Grades PK-08
A
Benjamin Banneker Charter Public School
2.4 mi | #100 of 824 | Score: 59.4
Dropped 79 spots from last year
+1.2 above state avg
352 students Less Diverse
Grades PK-06
Lycee International de Boston/International School of Boston, Inc.
2.9 mi
Grades 01-12
Fayerweather Street School
3.3 mi
Grades PK-08
A-
Cambridgeport School
< 0.1 mi | #212 of 824 | Score: 54.3
Improved 94 spots from last year
-3.9 below state avg
263 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

5 schools
Allium Montessori School
1.3 mi
Grades 01-06
C+
Cambridge Street Upper School
0.3 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
0.5 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
A-
Putnam Avenue Upper School
0.9 mi | #103 of 352 | Score: 49.1
Dropped 24 spots from last year
-9.1 below state avg
283 students Very Diverse
Diverse Student Body
Grades 06-08
A
Rindge Avenue Upper School
2.2 mi | #67 of 352 | Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
NuVu Innovation School
0.5 mi
Grades 08-12
Farr Academy School
0.6 mi
Grades 07-12
B-
Community Charter School of Cambridge
0.6 mi | #178 of 346 | Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,007
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
Principal
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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