Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

278 Harvard St

Cambridge, MA ID #73597171

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278 Harvard St

- Cambridge, MA ID #73597171

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.

Additional Details

  • Status: Active
  • Type: Multi-Family, Multi Family
  • Zip Code: 02139
  • Taxes: 25,888
  • Levels: 5
  • Acres: 0.13

Parking

  • Garage Capacity: 6
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 10
  • Total Floors: 5
  • Total Rooms: 14
  • Has Basement: Yes

Location

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278 Harvard St, Cambridge, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Yassien Youssef of Compass. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.