New Listing
In-Person: 09/19 11:45 AM - 1:00 PM
205 Harvard Street,Cambridge, MA 02139
Cambridge, MA 02139
Description
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.
Details
| MLS # | 73576584 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 4 |
| Listing Provided By | Boston Realty Advisors | Daniel Alper |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,300 |
| Basement | Y |
| Story(s) | 6 |
| Units | 3 |
| Zoning | R2 |
| Acreage | 0.06 |
| Property View | Yes |
Interior
| Rooms Total | 22 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air, Individual |
| Heating Yes / No | Yes |
| Heating | Central, Forced Air, Natural Gas, Individual |
| Interior Features | Lead Certification Available, Storage, Crown Molding, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub & Shower, Remodeled, Walk-In Closet(s), Floored Attic, Cathedral/Vaulted Ceilings, Kitchen, Laundry Room, Living RM/Dining RM Combo, Office/Den, Living Room, Loft |
| Window Features | Skylight(s) |
| Appliances | Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer, Wine Refrigerator |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Tile, Hardwood |
Exterior
| Exterior Features | Balcony/Deck, Decorative Lighting |
|---|---|
| Roof | Shingle |
| Construction Materials | Frame |
| Foundation Details | Concrete Perimeter |
| Lot Features | Level |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Shared Driveway, Off Street, Deeded |
| Open Parking Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | 100 Amp Service, Individually Metered |
Taxes
| Tax Annual Amount | 17811 |
|---|---|
| Tax Assessed Value | 2670300 |
| Tax Year | 2026 |
Location
| Community Features | Public Transportation, Shopping, Bike Path, Private School, Public School, T-Station, University, Sidewalks |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Middlesex |
| City | Cambridge |
| Zip Code | 02139 |
| Area | Area 4 The Port |
| School District | Cambridge Rindge And Latin Sch |
| Elementary School | Fletcher-Maynard Academy |
| High School | Cambridge Rindge And Latin Sch |
| Listing VS Median (in 02139) | |
Price: $3,149,000 low | high Med: $4,800 sqft: 3,300 low | high Med: 1,340 $ / sqft: $954 low | high Med: $4 On site: 4 low | high Med: 82 | |
Market Activity 02139
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Learn More About This Property
| Open House |
|---|
| In-Person 09/19 11:45 AM - 1:00 PM |
| State | MA |
|---|---|
| County | Middlesex |
| City | Cambridge |
| Zip Code | 02139 |
| Area | Area 4 The Port |
| School District | Cambridge Rindge And Latin Sch |
| Elementary School | Fletcher-Maynard Academy |
| High School | Cambridge Rindge And Latin Sch |
| Listing VS Median (in 02139) | |
Price: $3,149,000 low | high Med: $4,800 sqft: 3,300 low | high Med: 1,340 $ / sqft: $954 low | high Med: $4 On site: 4 low | high Med: 82 | |
