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Lynne McGrath
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1039 Massachusetts Avenue, Cambridge, MA 02138

$12,000,000
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Active
BEDS46 BATHS26 full SQUARE FEET20,317 MLS#73485718
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

1039 Massachusetts Avenue | MLS# 73485718

This multi-family property located at 1039 Massachusetts Avenue, Cambridge, MA 02138 is currently listed for sale with an asking price of $12,000,000. Search Cambridge real estate on lynnemcgrath.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Garage: 3
Lot Size: 0.26 Acres
Stories: 6.0
Taxes: $67,374
Year Built: 1920

Feature Descriptions

Building Area Total: 20317
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 44
Dwelling Type: 5+ Family - 5+ Units Up/Down
GarageY/N: Yes
Lot Features: Other
Parcel Number: 408683
Parking Total: 6
Rooms Total: 96
Sewer: Public Sewer
Units: 26
Water: Public

Listed By / Shown By

Listed By

Agency Name: CBRE, Inc
Agency Phone: 617-912-7000
Agent Name: John McLaughlin

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Shown By

Agent Name: Lynne McGrath
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 35,821.30 per month $26,706.80 Principal & Interest $5,614.50 Property Tax $3,500.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/25/2026. The listing information on this page last changed on 04/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/25/2026 12:01:33 AM EST) or MLSPIN MLS (last updated Fri 04/24/2026 11:38:35 PM EST) or Prime MLS (last updated Fri 04/24/2026 11:33:30 PM EST) or MREIS (last updated Fri 04/24/2026 11:55:24 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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