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1039 Massachusetts Avenue, Cambridge MA 02138

Cambridge, MA 02138
$12,000,000
Est. $66,493/month
46
Beds
26
Baths
20,317
Sq Ft
$591
Price/Sq Ft
0.26
Acres
1920
Year Built
2
Days on Market
Active Listed Mar 12, 2026 • MLS# 73485718 Copied!

About this home

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.

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Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
46
Full Bathrooms
26
Living Area
20,317 sq ft
Total Rooms
96
Stories
6
Levels
6

Facts & Features

3 Car Garage

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1920
Living Area 20,317 sq ft
Lot Size 0.26 acres
Bedrooms 46
Full Baths 26
Total Rooms 96

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None

Parking

Garage Spaces 3
Has Garage Yes
Features None
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $67,374
Assessed Value $10,101,100

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter, Brick/Mortar, Granite
Stories: 6

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Garage Spaces: 3
Total Parking Spaces: 6
Parking Features:

Location

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Neighborhood

1039 Massachusetts Avenue, Cambridge MA 02138

Cambridge, MA 02138

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $5,615
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Mar 12, 2026
$12,000,000
Original listing
Agent: John McLaughlin Office: CBRE, Inc

Price & Status History

Date Event Price Change
Mar 12, 2026 New Listing Added $12,000,000

Market Statistics

Days on Market
2 days
Price per Sq Ft
$591

Tax History

Year Taxes Assessment
2026 $67,374 $10,101,100

Financial Details

Annual Property Tax
$67,374
Tax Year 2026
Assessed Value
$10,101,100

Listing Information

Listing Agent John McLaughlin
Listing Office CBRE, Inc
Agent MLS ID CN254297
Office MLS ID AN4987
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

Steven Novak

BMN Boston Real Estate

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