$12,000,000
 $64,419 est/mo Sourced by Back At You

1039 Massachusetts Avenue,Cambridge, MA 02138

Cambridge, MA 02138

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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 buildings 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.

Details

MLS #73485718
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1920
Days On Site193
Listing Provided ByCBRE, Inc | John McLaughlin

Features

Bed(s)46
Bath(s) 26 Total
SQ Feet20,317
Garage3
Story(s)6
Units26
ZoningBB-HSQ
Acreage0.26

Interior

Rooms Total96
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

Foundation DetailsConcrete Perimeter, Brick/Mortar, Granite
Lot FeaturesOther

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount67374
Tax Assessed Value10101100
Tax Year2026

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityCambridge
Zip Code02138
AreaMiddlesex
Listing VS Median (in 02138)
Price:
$12,000,000
low | high
Med:
$10,000
100% of Average
sqft:
20,317
low | high
Med:
2,018
100% of Average
$ / sqft:
$591
low | high
Med:
$5
100% of Average
On site:
193
low | high
Med:
57.5
100% of Average
Sourced by Back At You

Market Activity 02138

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Learn More About This Property

StateMA
CountyMiddlesex
CityCambridge
Zip Code02138
AreaMiddlesex
Listing VS Median (in 02138)
Price:
$12,000,000
low | high
Med:
$10,000
100% of Average
sqft:
20,317
low | high
Med:
2,018
100% of Average
$ / sqft:
$591
low | high
Med:
$5
100% of Average
On site:
193
low | high
Med:
57.5
100% of Average
Sourced by Back At You
Listing Updated: August 3, 2026 at 5:50:04 PM PDT