Unit Information
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.
- Additional Details
- Type: Multi-Family, 5+ Family - 5+ Units Up/Down
- Area: Harvard Square
- Zip Code: 02139
- Levels: 5
- Parking
- Garage Capacity: 2
- Parking Spaces: 2
- Rooms and Dimensions
- Total Units: 5
- Total Floors: 5
- Total Rooms: 20
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$2,500,000
- MLS #: 73500252
- Bedrooms: 7
- Full Baths: 5
- Living Area: 4,984 sqft Convert
- Lot Size: 3,661 sqft Convert
- Acres: 0.08
View description
Luxury Residential Group
(617) 233-5800
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Brian Gagnon of Coldwell Banker Realty - Boston. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.