$2,325,000
PENDING $175K PRICE DROP

Estimated payment $13,730/month

Total Views 3,281
7 Beds
5 Baths
4,294 Sq Ft
$541 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

  • 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: 3201
  • Below Grade Sq Ft: 1093
  • Living Area: 4294
  • 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: Yes
  • 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

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)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73500252

MLS Property Information Network (MLS PIN)
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