$3,149,000

House for sale Cambridge
Property photo number 1 of 16 Photos for Property. File  105494560_29_14c1d75288cdc5137a52e4bf361361a7.jpeg

Overview

SUMMARY: Discover an opportunity with this Cambridge house for sale and available for $3,149,000. This could be your next ideal home or a smart investment. More details await.
Rarely does a three-family investment arrive this polished. 205 Harvard Street has been reimagined from the studs up - a complete 2015 gut renovation to condominium-quality standards, followed by years of continued capital investment - delivering approximately 3,300 square
feet of turnkey living across three exceptional units. The first floor and finished basement combine into an expansive 6-bedroom, 3-bath residence; the second floor offers a bright 3.5-bedroom, 2-bath layout; and crowning the building is a standout 2-bedroom, 1-bath penthouse with vaulted ceilings, skylights, a glass-floor loft, and a private roof deck framed by Boston skyline views. Every unit is outfitted with individual HVAC, separately metered electric and gas service, hardwood floors throughout, heated bathroom floors, and in-unit washer/dryers - the kind of infrastructure that makes for effortless ownership and lasting tenant appeal. Recent upgrades include a 2024 roof-deck replacement and full exterior repainting, layered atop an already institutional-grade building envelope, leaving a buyer with minimal near-term capital exposure. Three deeded parking spaces round out a rare offering. The location seals the case: an easy five-minute walk to the Central Square Red Line station, Whole Foods, and H Mart, with MIT and Kendall Square less than a mile away - placing the asset at the center of one of Cambridge's deepest and most resilient rental markets. With $201,300 in current effective gross income and a stabilized proforma of $209,649, 205 Harvard Street pairs immediate cash flow with meaningful upside in a submarket that continues to command premium rents.
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Details

  • Beds: 11
  • Baths: 6
  • Price: $3,149,000
  • Area: 3,300 sqft

Location

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