$2,500,000
PENDING

Estimated payment $14,298/month

Total Views 1,588
7 Beds
5 Baths
4,984 Sq Ft
$502 Price per Sq Ft

Highlights

  • 2 Fireplaces
  • Corner Lot
  • 4-minute walk to Cooper Square Park

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.

Listing Agent

Brian Gagnon

Coldwell Banker Realty - Boston Listed on: 04/12/2026

Coldwell Banker Realty - Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,621

Year Built

  • Built in 1855

Lot Details

  • 3,661 Sq Ft Lot
  • Corner Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 4,984 Sq Ft Home
  • 2 Fireplaces
  • Partial Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Car Parking Spaces

Listing and Financial Details

  • Assessor Parcel Number M:00135 L:00068,409038

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Building Details

  • Operating Expense $33,339
  • Net Operating Income $160,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,621

Year Built

Built in 1855

Lot Details

3,661 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1855
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 7
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Partial
  • Above Grade Finished Sq Ft: 4984
  • Living Area: 4984
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN6181

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00135 L:00068,409038
  • Zoning: C-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3661
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 13621

Multi Family

  • Net Operating Income: 160200
  • Number Of Units Total: 5
  • Operating Expense: 33339
  • Total Actual Rent: 13500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2026 04/28/26 Pending -- -- --
04/12/2026 04/12/26 For Sale $2,500,000 -- $502 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73500252

MLS Property Information Network (MLS PIN)
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