278 Harvard St, Cambridge MA 02139

Cambridge, MA 02139
$4,300,000
Est. $24,100/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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10
Beds
10
Baths
6,070
Sq Ft
$708
Price/Sq Ft
0.13
Acres
1873
Year Built
6
Parking
New today
Time on Market
For Sale Listed Oct 30, 2026 • MLS# 73597171 Copied! • Updated Oct 30, 2026

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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.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 30, 2026
$4,300,000
Original listing
Agent: Yassien Youssef Office: Compass

Tax History

Year Taxes Assessment
2026 $25,888 $388,130

Financial Details

Annual Property Tax
$25,888
Tax Year 2026
Assessed Value
$388,130

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1873
Living Area 6,070 sq ft
Lot Size 0.13 acres
Stories 5
Bedrooms 10
Full Baths 10
Total Rooms 14

Investment Metrics

Units 10
Unit 1 Rent $2,300/mo · N
Unit 2 Rent $2,300/mo · Y
Unit 3 Rent — · Y
Unit 4 Rent — · Y
Total Monthly Rent $4,600/mo
Gross Income $280,380
Net Operating Income $243,060
Operating Expenses $37,320
Electric Expense $1,033
Insurance Expense $7,050
Cap Rate 5.65%
Heating Oil
Cooling None
Flooring Hardwood
Appliances Oven, Dishwasher, Refrigerator
Fireplace None
Basement Unfinished
Laundry None
Features Bathroom With Tub, Kitchen, Living Rm/dining Rm Combo
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features None
Total Spaces 6
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $25,888
Assessed Value $388,130
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color Grey
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1873
Bedrooms
10
Full Bathrooms
10
Living Area
6,070 sq ft
Total Rooms
14
Stories
5
Levels
5

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Oven, Dishwasher, Refrigerator
Interior Features: Bathroom With Tub, Kitchen, Living RM/Dining RM Combo
Windows:
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1873
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 5

Utilities & Systems

Heating: Oil
Cooling:
Hot Water: Oil
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features:
School District
Cambridge School District local
A-
🎓 Where Graduates Go Class of 2021
65% attend college
58% 4-Year 7% 2-Year 23% Out of State 7% Working
✓ School Safety 2024-25
1.2% Low
0.8% Suspensions 0.2% In-School 0.4% Emergency
↓ 4.3% below state avg
E

Elementary Schools

10 schools
C
Prospect Hill Academy Charter School
0.2 mi | #246 of 346 | Score: 47.4
Improved 36 spots from last year
-10.8 below state avg
888 students Diverse
Rising School College Ready Curriculum Diverse Student Body
Grades PK-12
A
Amigos School
0.5 mi | #46 of 352 | Score: 57.6
Improved 13 spots from last year
-0.6 below state avg
421 students Diverse
Diverse Student Body Strong Attendance
Grades PK-08
St. Peter Elementary School
1.6 mi
Grades PK-08
Shady Hill School
1.8 mi
Grades PK-08
Cambridge Montessori School
1.9 mi
Grades PK-06
Cambridge Friends School
1.9 mi
Grades PK-08
A
Benjamin Banneker Charter Public School
2.1 mi | #105 of 825 | Score: 59.1
Dropped 84 spots from last year
+0.9 above state avg
344 students Less Diverse
Grades PK-06
Lycee International de Boston/International School of Boston, Inc.
2.7 mi
Grades 01-12
Fayerweather Street School
3.0 mi
Grades PK-08
A
John M Tobin School
0.1 mi | #116 of 825 | Score: 58.4
Dropped 13 spots from last year
+0.2 above state avg
307 students Very Diverse
Diverse Student Body
Grades PK-05
M

Middle Schools

5 schools
Allium Montessori School
1.0 mi
Grades 01-06
A-
Putnam Avenue Upper School
0.5 mi | #104 of 352 | Score: 49.2
Dropped 25 spots from last year
-9 below state avg
286 students Very Diverse
Diverse Student Body
Grades 06-08
B-
Cambridge Street Upper School
0.7 mi | #207 of 352 | Score: 39.9
Dropped 19 spots from last year
-18.3 below state avg
317 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
0.9 mi | #119 of 352 | Score: 47.6
Improved 25 spots from last year
-10.6 below state avg
296 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
A
Rindge Avenue Upper School
2.0 mi | #66 of 352 | Score: 54.0
Dropped 1 spots from last year
-4.2 below state avg
278 students Diverse
Diverse Student Body Strong Attendance
Grades 06-08
H

High Schools

3 schools
NuVu Innovation School
0.4 mi
Grades 08-12
Farr Academy School
0.4 mi
Grades 07-12
B-
Community Charter School of Cambridge
1.0 mi | #205 of 346 | Score: 51.9
Dropped 84 spots from last year
-6.3 below state avg
244 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,157
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

278 Harvard St, Cambridge MA 02139

Cambridge, MA 02139

Listing Information

Listing Agent Yassien Youssef
Listing Office Compass
Office Phone 617-303-0067
Agent MLS ID CN252565
Office MLS ID AN2606
Listing Data Updated Oct 30, 2026 7:59 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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