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.

Facts and features

Schools

• Cambridge Rindge and Latin School

  high · 9-12 · 0.5 mi

  8

• Castle School

  high · 9-12 · 0.1 mi

• King Open School

  elementary · K-5 · 0.1 mi

  5

• The Amigos School

  elementary · K-8 · 0.5 mi

  9

• Malik Academy/ Al Bustan Preschool

  elementary · K-8 · 0.2 mi

• The Henry Buckner School

  elementary · K-1 · 0.2 mi

Price history

• Oct 30, 2026 · Listed$4,300,000

Where it is