Sold

343 Harvard St, Cambridge, MA

Cambridge · MA 02138

$2,220,000
Price
7
Beds
5
Baths
4294
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1855
Units: 5 Units
Lot size: 3,661 Sq.Ft Lot
Price per square foot: $541 / Sq.Ft
Parking: 2 Off Street Spaces

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.

Neighborhood & Transit

Harvard Square

343 Harvard St, Cambridge · MA 02138

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Central Red 0.46 mi
  • Harvard Red 0.50 mi

Price Insight

Days on Market:
195 days
Listing Price:
$2,325,000
Price per Sq.Ft:
$541
Tax Assessment:
$2,145,000 in 2025
Taxes:
$1,135 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
5
Half Bathrooms
0
Living Area
4,294 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
see attached floor plans
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3201
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
3,661 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Brian Gagnon
Listing office
Coldwell Banker Realty - Boston
MLS PIN #
73500252
Disclosure
Buyer and buyer's agent do their own due diligence. The Building is on the left side. The building on the right is NOT for sale.
Disclosure
see attached floor plans