The Fava Group
"The Fava Group" Maine to New Hampshire Realtors®
REALTORS®, LUXBHGRE - Luxury Homes
BEDS7
BATHS5 full
SQUARE FEET4,984
MLS#73500252
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial
Fireplaces: 2
Lot Size: 0.08 Acres
Stories: 5.0
Taxes: $13,621
Year Built: 1855
Feature Descriptions
Building Area Total: 4984
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 6
Dwelling Type: 5+ Family - 5+ Units Up/Down
Fireplace Y/N: Yes
Lot Features: Corner Lot
Parcel Number: M:00135 L:00068,409038
Parking Total: 2
Rooms Total: 20
Sewer: Public Sewer
Units: 5
Water: Public
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty - Boston
Agency Phone: 617-266-4430
Agent Name: Brian Gagnon
Shown By
Agent Name: The Fava Group
Agent Phone: (603) 289-4736
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 7,428.17 per month $5,563.92 Principal & Interest $1,135.08 Property Tax $729.17 Homeowner's Insurance
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343 Harvard St | MLS# 73500252
This multi-family property located at 343 Harvard St, Cambridge, MA 02139 is currently listed for sale with an asking price of $2,500,000. Search Cambridge real estate on thefavagroup.masiellogrouprealestate.com today.