$4,300,000

House for sale Cambridge
Property photo number 1 of 16 Photos for Property. File  106361777_29_55d391c40c6d6d33a9498d570980a06f.jpeg

Overview

SUMMARY: Discover an opportunity with this Cambridge house for sale and available for $4,300,000. This could be your next ideal home or a smart investment. More details await.
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.
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Details

  • Beds: 10
  • Baths: 10
  • Price: $4,300,000
  • Area: 6,070 sqft

Location

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  • Listing Manager
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