343 Harvard St, Cambridge, MA 02139
343 Harvard St, Cambridge, MA 02139
343 Harvard St, Cambridge, MA 02139
343 Harvard St, Cambridge, MA 02139
343 Harvard St, Cambridge, MA 02139
343 Harvard St, Cambridge, MA 02139
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Sanjana Sheth

Sanjana Sheth

+1(413) 362-2263
$ 2,500,000
Est. payment | /mo

7 Beds

5 Baths

4,984 SqFt

Save
$ 2,500,000
Est. payment | /mo
Save

7 Beds

5 Baths

4,984 SqFt

Open House

Tue Apr 21, 12:00pm - 1:00pm

Wed Apr 22, 12:00pm - 1:00pm

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 4,984 sqft

Price per Sqft $501

MLS Listing ID 73500252

Bedrooms 7

Full Baths 5

Year Built 1855

Annual Tax Amount $13,621

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

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.

Location

State MA

County Middlesex

Area Harvard Square

Zoning C-1

Direction Harvard Sq.

Rooms

Basement Partial

Interior

Fireplaces Number 2

Exterior

Total Parking Spaces 2

Garage No

Building

Lot Description Corner Lot

Story 5

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Coldwell Banker Realty - Boston

Nearby Locations

Sanjana Sheth

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(413) 362-2263

sanjana.sheth@exprealty.com

4 Bell Hill Rd, Bedford, NH, 03110, USA

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343 Harvard St