




343 Harvard St, Cambridge, MA, 02138
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.
Getting Around
Schools
Construction
Condition
- Year built: 1855
Materials
- Foundation: Concrete Perimeter
Type & Style
- Home type: MultiFamily
- Property subType: 5+ Family - 5+ Units Up/Down
Interior
Basement
- Has basement: Yes
- Basement: Partial
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Features
- Number of fireplaces: 2
- Fireplace: Yes
- Finished area below ground: 1,093
- Finished area above ground: 3,201
Interior Area
- Total structure area: 4,294
- Total interior livable area: 4,294 sqft
Property
Details
- Parcel number: M:00135 L:00068,409038
- Zoning: C-1
Lot
- Lot size: 3,661 sqft
- Features: Corner Lot
Parking
- Total spaces: 2
- Uncovered spaces: 2
