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- 278 Harvard St
278 Harvard St
Cambridge, MA 02139
$4,300,000
| Bedrooms | 10 |
| Full Baths | 10 |
| Half Baths | 0 |
| Price | $4,300,000 |
| Square Feet | 6,070 |
| Price/SF | $708/SF |
| Condo Fee | -- |
| Days on Market | 2 |
| Year Built | 1873 |
Property Description
278 Harvard Street presents multifamily investors with a rarely available 10-unit Mid-Cambridge apartment building, combining dependable cash flow, clear value-add upside, and long-term appreciation potential in one of Greater Boston's most supply-constrained rental markets. The unit mix of 8 studios and 2 two-bedroom apartments is ideally suited to the strong renter demand in this location, supporting income from day one. This generational asset is located between Harvard Square and Central Square, close to Harvard University, Kendall Square, major employment centers, and the Red Line. Current rents leave meaningful room to grow, and a new owner can capture additional value through targeted unit upgrades, improved operations, and bringing rents to market. Longer-term development potential may also exist, subject to buyer verification of zoning and permitting. Opportunities to acquire well-located multifamily assets of this size are limited. Financials available upon request.yer verification of zoning and permitting. Opportunities to acquire well-located multifamily assets of this size are limited. Financials available upon request.
MLS #73597171
Courtesy of Yassien Youssef, Compass .
Property Location
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Additional Property Info
- Acres0.13
- Lot0.13
- Lot Size5560.00
- Lot DescriptionCorner Lot
- TownCambridge
- CountyMiddlesex
- Type5-9 Family
- Sewer and WaterPublic Sewer
- Total Levels5
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Courtesy of Yassien Youssef, Compass .
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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