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1039 Massachusetts Avenue, Cambridge MA 02138

Pending

1039 Massachusetts Avenue, Cambridge MA 02138

$12,000,000

Estimated $25,072/month Calculator

Multi Family

Total Units: 26

Price Per Unit: $461,538.46

Total Rent: 0/year

Estimated CAP Rate:

46 Bedrooms

Baths

20317

Total Parking: 9 (3 Garage)

11,159 (0.26)

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.

This home has been viewed 19 times

Last Checked: May 15th, 2026 at 4:33am (Source: MLS PIN #73485718)

Gross Income: $0

Gross Expenses: $67,374

Net Income Calc: $67,374

Annual Expenses for 1039 Massachusetts Avenue, Cambridge MA 02138

Total Gross Expenses (Calculated)$67,374/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax67374

Annual Income & Unit Breakdown for 1039 Massachusetts Avenue, Cambridge MA 02138

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor6

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor6

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 1039 Massachusetts Avenue, Cambridge MA 02138

Listing ID73485718

Property TypeMulti Family

Price12000000 ($590.64/SqFt)

Style5+ Family - 5+ Units Up/down

CityCambridge

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total20317

Approximate Lot Size (Acres)0.26

Total Parking9 (3 Garage)

Garage Parking3

Year Built1920

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningBB-HSQ

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 1039 Massachusetts Avenue, Cambridge MA 02138

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 1039 Massachusetts Avenue, Cambridge MA 02138

Real Estate Taxes67374

Tax Year2026

Assessed Value$10,101,100

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 1039 Massachusetts Avenue, Cambridge MA 02138

Neighborhood(s)

Area Amenities

Contact Information for 1039 Massachusetts Avenue, Cambridge MA 02138

Agent

Name: John McLaughlin

Office

Name: CBRE, Inc

Phone: 617-912-7000

Team Members

Name: John McLaughlin

Payment Calculator

, Interest

Property Taxes 5614.5

Principal & Interest 73940.18

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

CBRE, Inc

John McLaughlin

Agent Phone

Office Phone

(617) 912-7000

Text Agent Call Agent Call Office

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EXIT

10 More Photos

Pending

1039 Massachusetts Avenue, Cambridge MA 02138

$12,000,000

Annual Expenses for 1039 Massachusetts Avenue, Cambridge MA 02138

Annual Income & Unit Breakdown for 1039 Massachusetts Avenue, Cambridge MA 02138

General Information for 1039 Massachusetts Avenue, Cambridge MA 02138

Disclosures for 1039 Massachusetts Avenue, Cambridge MA 02138

Financial Information for 1039 Massachusetts Avenue, Cambridge MA 02138

Location Information for 1039 Massachusetts Avenue, Cambridge MA 02138

Contact Information for 1039 Massachusetts Avenue, Cambridge MA 02138

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

CBRE, Inc

John McLaughlin