278 Harvard St, Cambridge, MA 02139 (MLS # 73597171)

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PRICE $4,300,000 dsIDX morgage calculator
BEDS 10
BATHS 10
HOME SIZE 6,070 sqft
LOT SIZE 5,663 sqft

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.

LAST UPDATED 10/30/2026 YEAR BUILT 1873
COUNTY Middlesex STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
APPLIANCES Dishwasher, Oven, Refrigerator
BASEMENT Unfinished, Yes
CONSTRUCTION Frame
HEAT Oil
LOT 5663 sq ft
LOT DESCRIPTION Corner Lot
SEWER Public Sewer
STORIES 5
TAXES 25888
WATER Public
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TOTAL MONTHLY PAYMENT

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Listing provided by Yassien Youssef, Compass
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