343 Harvard St Cambridge, MA 02138
Mid-Cambridge NeighborhoodEstimated payment $13,730/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
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/27/2026 05/27/26 | Pending | -- | -- | -- |
| 05/24/2026 05/24/26 | Price Changed | $2,325,000 | -1.1% | $541 / Sq Ft |
| 05/18/2026 05/18/26 | Price Changed | $2,350,000 | -1.1% | $547 / Sq Ft |
| 05/11/2026 05/11/26 | Price Changed | $2,375,000 | -4.0% | $553 / Sq Ft |
| 05/03/2026 05/03/26 | Price Changed | $2,475,000 | -1.0% | $576 / Sq Ft |
| 05/01/2026 05/01/26 | For Sale | $2,500,000 | 0.0% | $582 / Sq Ft |
| 04/28/2026 04/28/26 | Pending | -- | -- | -- |
| 04/12/2026 04/12/26 | For Sale | $2,500,000 | -- | $582 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73500252
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Ask me questions while you tour the home.