114 Elm St
Property Description
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.Broker Details
Keller Williams Realty Boston Northwest (978) 369-5775
MLS ID: CN205020
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $2,900,000 |
| No. of Units: | 3 |
| Year Built: | 1930 |
| Lot Size: | 3,795.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $966,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 6 |
ID: 3yd-MLSPIN-73456611
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