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.
This home has been viewed 6 times
Last Checked: June 11th, 2026 at 7:38am (Source: MLS PIN #73500252)
Gross Income: $126,600
Gross Expenses: $13,621
Net Income Calc: $112,979
Annual Expenses for 343 Harvard St, Cambridge MA 02139
Total Gross Expenses (Calculated)$13,621/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax13621
Annual Income & Unit Breakdown for 343 Harvard St, Cambridge MA 02139
Total Gross Income (Calculated)$126,600
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 343 Harvard St, Cambridge MA 02139
Listing ID73500252
Property TypeMulti Family
Price2325000 ($541.45/SqFt)
Style5+ Family - 5+ Units Up/down
CityCambridge
CountyMiddlesex
MLS AreaHarvard Square
Neighborhood(s)
Approximate Living Area Total4294
Approximate Lot Size (Acres)0.08
Total Parking2
Garage Parking0
Year Built1855
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningC-1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 343 Harvard St, Cambridge MA 02139
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator And Some Personal Belongings
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 343 Harvard St, Cambridge MA 02139
Real Estate Taxes13621
Tax Year2025
Assessed Value$2,145,000
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 343 Harvard St, Cambridge MA 02139
Neighborhood(s)
MLS AreaHarvard Square
Area Amenities
Contact Information for 343 Harvard St, Cambridge MA 02139