343 Harvard St, Cambridge, MA 02139
- $2,220,000
- 7
- BD
- 5
- BA
- 4,294
- SqFt
- Sold Price
- $2,220,000
- List Price
- $2,325,000
- Status
- SOLD
- MLS#
- 73500252
- Bedrooms
- 7
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 4,294
- Lot Size (Acres)
- 0.08
- Year Built
- 1855
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.
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Additional Information
- Area
- Harvard Square
- Taxes
- $13,621
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Brian Gagnon from Listing Office: Coldwell Banker Realty - Boston.
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