183 Harvard St Cambridge — Photo 1 of 24
$11,999,000
Investment Analysis — 183 Harvard St
Cambridge, MA 02139
Based on rent reported on the MLS listing, a 15-unit multi-family in 02139 carries $34,100/mo in gross rent — about a 2.12% cap rate and $254,942/yr in estimated NOI at the $11,999,000 list price. Adjust every assumption in the calculator below.
Beds
30
Baths
15
SqFt
22,992
Style
5+ Family - 5+ Units Side by Side
Built
1886
Exceptional opportunity to acquire The Allen Block, a historic 15-unit brick rowhouse portfolio in the heart of Cambridge. Located at 177–183 Harvard Street, the property consists of five Mansard-style attached buildings, each containing three units (1 one-bedroom, 1 two-bedroom, and 1 three-bedroom) for a total of 15 apartments. The property also includes unfinished attic space and high-ceiling basement areas, offering additional value-add potential. A contributing structure within the Old Cambridgeport National Register Historic District, the striking façade features distinctive round bays rising through the cornice, arched windows and entryways, recessed entrances, and ornate period detailing reflecting late-19th-century Cambridge craftsmanship. Prominently positioned at the end of Cherry Street, the property offers large unit layouts and significant upside through renovation and rental repositioning. Ideally located minutes from Harvard, MIT, Central Square, and Kendall Square.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access • T-Station
Geography
Listing Agent: Farah Fakih
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73485382
