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
- Status: NEW
- 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
- Status: New
- Listing ID: 73500252
- Bedrooms: 7
- Full Baths: 5
- Living Area: 4,984 sqft Convert
- Lot Size: 3,661 sqft Convert
- Acres: 0.08
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |