$4,300,000
About this home
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.
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73597171
- Property type
- 5-9 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 4
- On market date
- October 30, 2026
- Stories
- 5
- Total bathrooms
- 10
- Garage spaces
- N/A
- Parking spaces
- 6
- Lot size
- 0.13 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 252
- Student:teacher ratio
- 9.3:1
- District
- Cambridge
- Enrollment
- 262
- Student:teacher ratio
- 7.5:1
- District
- Cambridge
- Enrollment
- 1,867
- Student:teacher ratio
- 8.6:1
- District
- Cambridge
Walkability
Blended score for Cambridge's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Cambridge, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.