Under Agreement
1039 Massachusetts Ave, Cambridge, MA
Cambridge · MA 02138
- $12,000,000
- Price
- 46
- Beds
- 26
- Baths
- 20317
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
26 Units
Lot size:
0.26 Acre Lot
Price per square foot:
$591 / Sq.Ft
Parking:
3 Garage Spaces · 3 Off Street Spaces
About this home
1039 Massachusetts Avenue, aka The University Building, offers 26 apartment units and is located within the Harvard Square neighborhood of Cambridge. The property is comprised of a six-story, elevatored building with a basement level. Originally built in 1920, the property has been exceptionally well-maintained by current ownership, with substantial capital invested in recent years, including significant improvements made to building systems, elevator modernization, roof replacement, and enhancements made to the building‘s entryway space and throughout all common areas. Apartment finish levels vary, with the property offering a mix of original, partially-renovated,and fully-renovated units, providing a desirable mix of proven-value add and organic rent upside remaining.
Neighborhood & Transit
1039 Massachusetts Ave, Cambridge · MA 02138
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Harvard Red 0.41 mi
Price Insight
- Days on Market:
- 237 days
- Listing Price:
- $12,000,000
- Price per Sq.Ft:
- $591
- Tax Assessment:
- $10,101,100 in 2026
- Taxes:
- $5,615 / Monthly
Home Facts
Interior Features
- Bedrooms
- 46
- Full Bathrooms
- 26
- Half Bathrooms
- 0
- Living Area
- 20,317 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 20317
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 11,159 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 3 Parking Spaces
- Off Street Parking
- 3 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- John McLaughlin
- Listing office
- CBRE, Inc
- MLS PIN #
- 73485718