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.
Open House: April 16th 1:00-2:00pm
| MLS Listing ID: | 73500252 |
|---|---|
| Listing Price: | $2,500,000 |
| Listing Status: | New [?] |
| Neighborhood: | Harvard Square |
| Property Type: | Multi Family |
| Bedrooms: | 7 |
| Full Baths: | 5 |
| Living Space: | 4984 sf. |
| Lot Size: | 0.08 acres (3661 sf.) |
| Parking: | Yes |
| Taxes: | $13,621.00 |
| Tax Year: | 2025 |
Listing Current as of April 14, 2026 3:00pm
This listing brought to you by Brian Gagnon of Coldwell Banker Realty - Boston.
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