Luxury Residential Group: 343 Harvard St, Cambridge, MA

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.

offered at

$2,500,000

Status: New
Listing ID: 73500252
Bedrooms: 7
Full Baths: 5
Living Area: 4,984 sqft 463 m² Convert
Lot Size: 3,661 sqft 340 m² Convert
Acres: 0.08

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

LRG Boston

(617) 233-5800

343 Harvard St

Cambridge, MA