343 Harvard St, Cambridge, MA 02139

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
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 17, 2026 at 10:42 AM

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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