343 Harvard St Cambridge, MA 02138
Mid-Cambridge NeighborhoodEstimated payment $14,298/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: 73500252
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Ask me questions while you tour the home.