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Listing Details
- $2,500,000
- MLS# 73500252
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Coldwell Banker Realty - Boston
Agency Phone: 617-266-4430
Agent Name: Brian Gagnon
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
Home Value Estimate
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...read more
Features
- 2 Fireplaces
- 5.0 Stories
- $13,621 Taxes
- Public
- Built in 1855
Gallery
Listed By
Agency Name: Coldwell Banker Realty - Boston
Agency Phone: 617-266-4430
Agent Name: Brian Gagnon
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
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