205 Harvard Street, Cambridge, MA 02139
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$3,149,000
3 Unit
11 Beds
6 Baths
3300 SQFT
0.06 Acre

Property 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.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 11
  • Total Full Baths: 6
  • Amenities: Bike Path, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Finished, Interior Access, Other (See Remarks)
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room, Loft, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Crown Molding, Floored Attic, Lead Certification Available, Stone/Granite/Solid Counters, Storage, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Refrigerator - Wine Storage, Washer
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Geothermal Heat Source, Heat Pump, Individual, Oil, Oil
  • Common Cooling: Central Air, Individual, None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 201300
  • Gross Expenses: 32985
  • Electric Expenses: 360
  • Water/Sewer: 3293
  • INSC: 4939
  • Repairs & Maintenance: 1575
  • Miscellaneous Expense: 5007
  • Net Operating Income: 168315

Utilities

  • Heat Zones: 3
  • Cooling Zones: 3
  • Electric Info: 100 Amps, Individually Metered, Other (See Remarks)
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 3

Construction

  • Year Built: 1890
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Certified Treated, None
  • Warranty: No

Other Information

  • MLS ID# 73576584
  • Last Updated: 09/15/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/14/2026New$3,149,000$954MLSPIN

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Seller's Representative: Daniel Alper, Boston Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-09-15 13:14:00

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