343 Harvard St, Cambridge, MA 02139
Local realty services provided by:ERA Key Realty Services
343 Harvard St,Cambridge, MA 02139
$2,500,000
- 7 Beds
- 5 Baths
- 4,984 sq. ft.
- Multi-family
- Active
Listed by: brian gagnon
Office: coldwell banker realty - boston
MLS#:73500252
Source:MLSPIN
Price summary
- Price:$2,500,000
- Price per sq. ft.:$501.61
About this home
Exceptional investment opportunity at 343 Harvard Ave in Cambridge. This well-maintained 5-unit property features 4 one-bedroom units and 1 two-bedroom unit, generating high in-place income with significant upside potential. Four of the five leases expire this year and are currently below market value, offering investors a rare chance to increase rents and dramatically improve cash flow and cap rate. With approximately $13,500/month in current rental income and low annual expenses, this asset is ideal for both seasoned investors and 1031 exchange buyers. Includes 2 off-street parking spaces. Located in a prime, high-demand area near Harvard Square, this property benefits from consistent tenant demand, long-term appreciation, and unbeatable access to universities, public transportation, and local amenities.
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Home facts
- Year built:1855
- Listing ID #:73500252
- Updated:April 28, 2026 at 02:28 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:20
- Basement Description:Partial
- Living area:4,984 sq. ft.
Structure and exterior
- Year built:1855
- Building area:4,984 sq. ft.
- Lot area:0.08 Acres
- Lot Features:Corner Lot
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$501.61
- Tax amount:$13,621 (2025)
Parking
- Total parking spaces:2
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