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128 Elm St, Cambridge MA 02140

$1,599,900

Estimated $3,428/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $799,950

Total Rent: 28800/year

Estimated CAP Rate:

6 Bedrooms

Baths

2975

Total Parking: 0

2,799 (0.06)

Exceptional Opportunity Alert in the Heart of Cambridge’s Porter Square! Calling all savvy investors and dream-home hunters! Here’s your golden ticket to Porter Square, a hop, skip, and a jump from Harvard, Lesley University, and the Red Line! This spacious two-family gem is bursting with potential, featuring sun-soaked living areas and hardwood floors, all in an unbeatable location. The first floor unit is a colossal 1-bedroom wonder with a sun-drenched living room, dining room, and an eat-in kitchen complete with pantry and gas cooking. Think high ceilings and hardwood floors for those cozy vibes. Upstairs, the second floor unit boasts a kitchen perfect for snuggle-worthy breakfasts, with gas cooking and a pantry to stash all your snacky treasures. Enjoy a bright living room and dining area with an inviting fireplace and 4-bedrooms that offer closet space galore! Expandable 3rd floor for a main suite hideaway!

This home has been viewed 7 times

Last Checked: June 13th, 2026 at 10:33am (Source: MLS PIN #73499983)

Gross Income: $28,800

Gross Expenses: $10,010

Net Income Calc: $18,790

Water Views

Annual Expenses for 128 Elm St, Cambridge MA 02140

Total Gross Expenses (Calculated)$10,010/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10010

Annual Income & Unit Breakdown for 128 Elm St, Cambridge MA 02140

Total Gross Income (Calculated)$28,800

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms5

Bathrooms5 Full, 1 Half

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 128 Elm St, Cambridge MA 02140

Listing ID73499983

Property TypeMulti Family

Price1599900 ($537.78/SqFt)

StyleMulti Family

CityCambridge

CountyMiddlesex

MLS AreaPorter Square

Neighborhood(s)

Approximate Living Area Total2975

Approximate Lot Size (Acres)0.06

Total Parking0

Garage Parking0

Year Built1903

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 128 Elm St, Cambridge MA 02140

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator And Some Personal Belongings

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 128 Elm St, Cambridge MA 02140

Real Estate Taxes10010

Tax Year2025

Assessed Value$1,576,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 128 Elm St, Cambridge MA 02140

Neighborhood(s)

MLS AreaPorter Square

Area AmenitiesWalk/jog Trails

Contact Information for 128 Elm St, Cambridge MA 02140

Agent

Name: Leslie Ingram

Office

Name: Leslie Ingram

Phone: 617-571-3986

Payment Calculator

, Interest

Property Taxes 834.17

Principal & Interest 9858.07

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Leslie Ingram

Agent Phone

Office Phone

(617) 571-3986

Text Agent Call Agent Call Office

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    [description] => Exceptional Opportunity Alert in the Heart of Cambridge’s Porter Square! Calling all savvy investors and dream-home hunters! Here’s your golden ticket to Porter Square, a hop, skip, and a jump from Harvard, Lesley University, and the Red Line! This spacious two-family gem is bursting with potential, featuring sun-soaked living areas and hardwood floors, all in an unbeatable location. The first floor unit is a colossal 1-bedroom wonder with a sun-drenched living room, dining room, and an eat-in kitchen complete with pantry and gas cooking. Think high ceilings and hardwood floors for those cozy vibes. Upstairs, the second floor unit boasts a kitchen perfect for snuggle-worthy breakfasts, with gas cooking and a pantry to stash all your snacky treasures. Enjoy a bright living room and dining area with an inviting fireplace and 4-bedrooms that offer closet space galore! Expandable 3rd floor for a main suite hideaway!
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    [unparsed] => 128 Elm St, Cambridge MA 02140
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EXIT

23 More Photos

Pending

128 Elm St, Cambridge MA 02140

$1,599,900

Annual Expenses for 128 Elm St, Cambridge MA 02140

Annual Income & Unit Breakdown for 128 Elm St, Cambridge MA 02140

General Information for 128 Elm St, Cambridge MA 02140

Disclosures for 128 Elm St, Cambridge MA 02140

Financial Information for 128 Elm St, Cambridge MA 02140

Location Information for 128 Elm St, Cambridge MA 02140

Contact Information for 128 Elm St, Cambridge MA 02140

Agent

Office

Payment Calculator

Exclusive Listing Agent

Leslie Ingram

Leslie Ingram