1039 Massachusetts Avenue, Cambridge, MA 02138
1039 Massachusetts Avenue, Cambridge, MA 02138
1039 Massachusetts Avenue, Cambridge, MA 02138
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$12,000,000
Est. payment /mo
46 Beds
26 Baths
20,317 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Pending

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

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Listed by CBRE, Inc

NEARBY SCHOOLS & PROPERTIES

BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

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1039 Massachusetts Avenue