Luxury Real Estate Group Boston > Cambridge > 114 Elm St

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

114 Elm St

Cambridge, MA

Property Description

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.

offered at

$2,900,000

  • Listing ID: 73456611
  • Bedrooms: 12
  • Full Baths: 6
  • Living Area: 3,795 sqft Convert
  • Lot Size: 5,173 sqft Convert
  • Acres: 0.12

Additional Details

Type: Multi-Family, 3 Family

Zip Code: 02139

Levels: 3

Parking

Garage: 2

Garage Capacity: 4

Parking: Off Street

Parking Spaces: 4

Rooms and Dimensions

Total Units: 3

Total Floors: 3

Total Rooms: 18

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

Map

Photos