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$ 12,000,000
Est. payment /mo
Active
1039 Massachusetts Avenue Cambridge, MA 02138
46 Beds
26 Baths
20,317 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 20,317 sqft
Price per Sqft $590
MLS Listing ID 73485718
Bedrooms 46
Full Baths 26
Year Built 1920
Annual Tax Amount $67,374
Tax Year 2026
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
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.
Location
State MA
County Middlesex
Zoning BB-HSQ
Direction Between Trowbridge St & Ellery St
Exterior
Garage Spaces 3.0
Total Parking Spaces 9
Garage Yes
Building
Lot Description Other
Story 6
Foundation Concrete Perimeter, Brick/Mortar, Granite
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by CBRE, Inc
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