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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 www.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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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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