
205 Harvard Street Cambridge — Photo 1 of 31
$3,149,000
205 Harvard Street, Cambridge, MA 02139
Cambridge, MA 02139 — Area 4-The Port
Beds
11
Baths
6
SqFt
3,300
Style
3 Family - 3 Units Up/Down
Built
1890
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.
Open Houses
Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Cambridge, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer • Wine Refrigerator
Neighborhood
Public Transportation • Shopping • Bike Path • Private School • Public School • T-Station
Geography
Population
40,033
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$135K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
67.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Daniel Alper
Listing Office: Boston Realty Advisors
MLS® Number: 73576584
Open Houses
Related Insights

Cambridge Homeowners Aren’t Paying Harvard’s Tax Bill Yet

Cambridge Home Values: The Condo Mix Effect

Cambridge: Riverside vs Central Square Buyer Guide

Cambridge’s Fast Home Sales Are a Supply Story

Cambridge’s $3,403 Owner-Occupant Tax Advantage

Cambridge's 13 Neighborhoods: Boundary Guide

Massachusetts Housing Market: Buyers Face Tight Supply
Browse More Homes in Cambridge
Explore other active listings in the area.
$12,995,00011 Brown StreetCambridge, MA6 bd7 ba7,258 sqft
$955,000135 Tremont StCambridge, MA3 bd2 ba1,188 sqft
$1,875,00066 MatignonCambridge, MA5 bd2 ba3,277 sqft
$1,898,00044-46 Western AvenueCambridge, MA4 bd4 ba2,115 sqft
$1,950,00020 Hunting StCambridge, MA6 bd3 ba3,186 sqft
$1,650,00075 DudleyCambridge, MA6 bd4 ba2,886 sqft