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.
20,317 Sq Ft
0.26 Private Acres Lot Size
investment
$67,374 Annual Tax
Built in 1920
MLS/Listing ID 73485718
6 Stories
26 Units
Brick Mortar
Concrete Perimeter
Granite
TOTAL MONTHLY COST
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