Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

343 Harvard St, Cambridge, MA, 02138

7beds
5baths
4,294sqft
$2,375,000
$553price/sqft
$15,250/moest. monthly cost
$610,000/yrincome needed

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

95
WalkingWalker's Paradise
79
TransitExcellent Transit
96
BikeBiker's Paradise

Schools

8/10
7/10

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