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Somerville

Somerville

Just two miles north of Boston and abutting Cambridge to the east is Somerville, Massachusetts. While only 4 square miles in area, there are more than 82,000 residents who call the city home; making
Somerville the most densely populated city in New England.

Somerville is a traditionally immigrant enclave. Italians and Portuguese were the first to settle here, but today there are more than 50 languages spoken in the Somerville public schools. Somerville long served as a bedroom community for those commuting to downtown Boston, Cambridge or the Interstate 95-beltway, but has experienced a rapid influx of its own commercial development in recent years. In addition to the bustling Davis Square area on the western side of the city, Assembly Row has added an abundance of new restaurants, shopping and offices on the eastern side of the city. Much of Assembly Row’s growth is fueled by the addition of a new MBTA Orange Line station in 2014, representing the first new MBTA rail station in nearly three decades. Union Square is also undergoing a massive transformation, with new projects popping up left and right in anticipation for a new MBTA Green Line station in 2021. Enjoy a diverse collection of small businesses, restaurants, shops, and green space.

Somerville offers the perfect blend for those seeking a funky city with distinct neighborhoods and squares. The area is well suited for families, young professionals and college students given its proximity to downtown, its variety of activities and nightlife, and for its many art galleries and festivals. Indeed, Somerville is home to more artists per capita than anywhere else in the U.S. outside of Manhattan, and events sponsored by the Somerville Arts Council, like PorchFest and Honk!, have drawn international attention. It’s easy to see why Boston has deservedly earned the reputation as “Boston’s Brooklyn.”

25 Beacon Street Somerville MA 02143

Somerville, MA25 Beacon Street

Price$12,000,000

Est. Mortgage: $/month

List No 72883410

  • Multi-Family
  • Bedrooms 50
  • Bathroom 34
  • Square Feet 29,166
  • Units 33

Please to present the opportunity to acquire The Somerville Portfolio, a two building 65-unit portfolio located in Somerville Massachusetts. 25 Beacon Street and 74 Craigie Street are two generational assets for sale in one of Greater Boston's strongest submarkets. This value-add opportunity gives investors the chance to own a healthy mix of studios, one bedroom and two bedroom apartments across two separate buildings both along the Somerville and Cambridge line. RThe Somerville Portfolio offers investors a generational multifamily asset with significant value add potential. The Somerville Portfolio is offered for sale on an un-priced basis as both a portfolio and as individual assets. We will be conducting tours of the property with a “call-for-offers” to follow.

Listed by Daniel Dewing of Boston Realty Advisors

$
$
%
$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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74 Craigie Street Somerville MA 02143

Somerville, MA74 Craigie Street

Price$12,000,000

Est. Mortgage: $/month

List No 72883413

  • Multi-Family
  • Bedrooms 44
  • Bathroom 32
  • Square Feet 20,832
  • Units 32

Please to present the opportunity to acquire The Somerville Portfolio, a two building 65-unit portfolio located in Somerville Massachusetts. 25 Beacon Street and 74 Craigie Street are two generational assets for sale in one of Greater Boston's strongest submarkets. This value-add opportunity gives investors the chance to own a healthy mix of studios, one bedroom and two bedroom apartments across two separate buildings both along the Somerville and Cambridge line. The Somerville Portfolio offers investors a generational multifamily asset with significant value add potential. The Somerville Portfolio is offered for sale on an un-priced basis as both a portfolio and as individual assets. We will be conducting tours of the property with a “call-for-offers” to follow.

Listed by Daniel Dewing of Boston Realty Advisors

$
$
%
$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1-3 Beacon Street Somerville MA 02143

Somerville, MA1-3 Beacon Street

Price$5,300,000

Est. Mortgage: $/month

List No 72886737

  • Multi-Family
  • Bedrooms 16
  • Bathroom 8
  • Square Feet 9,764
  • Units 6

6 Unit building in the heart of Somerville. Includes two commercial suites that are fully rented as well as 4 units under construction.

Listed by Lenny Pierce and Kellie Coveney of Jones Lang LaSalle New England,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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669 Somerville Avenue Somerville MA 02143

Somerville, MA669 Somerville Avenue

Price$4,300,000

Est. Mortgage: $/month

List No 72844973

  • Multi-Family
  • Bedrooms 14
  • Bathroom 8
  • Square Feet 8,415
  • Units 8

Rare offering! This is a meticulously maintained 8 unit (7 residential & 1 commercial) which shows pride of ownership at every turn. All apts have large rooms, high ceilings, fully applianced eat-in kitchens and full tile baths. Each apt has separate utilities. two 1 bedroom apts and three 2-bedroom apts. Two 3-bedroom units have a huge living area overlooking a Boston and Porter Square. Well maintained exterior, replacement windows, and separate systems make this a perfect income property for the passive investor or a great condo conversion for a savvy developer. Lease information is attached herein. An opportunity exists to significantly increase rents by simply waiting for leasing to expire & increase rents. Property is located walking distance to Davis Sq/Porter sq and Harvard Sq for terrific access to T, shops, and restaurants. Somerville consistently rates as one of the best rental markets in the region due to high density, amenities, and local universities and businesses.

Listed by David Lilley of RE/MAX Destiny

$
$
%
$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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6-8 Rush Street Somerville MA 02145

Somerville, MA6-8 Rush Street

Price$4,150,000

Est. Mortgage: $/month

List No 72897796

  • Multi-Family
  • Bedrooms 13
  • Bathroom 12
  • Square Feet 6,509
  • Units 6

Rare opportunity to purchase a beautiful new renovation 6 family property featuring a mix of 2-3 bedroom/2 bath units, each with parking and private outdoor space, all steps from the shops and restaurants on Broadway. The units are renovated to a high-end condominium quality with white shaker kitchens, stainless steel appliances, quartz countertops, tile baths, hardwood floors, crown moldings, in-unit laundry, central HVAC with air conditioning and a high attention to detail and craftsmanship. The property is situated on an oversized 7375 sq/ft lot with a large parking lot for 6 vehicles plus a spacious rear yard. This is an amazing A+ investment grade asset in a popular Somerville location. 3 units currently occupied with a rent roll of $10,545/month. 3 additional similar sized units are vacant and ready to rent. Make this the asset you pass down through the generations. Call for a private showing today!

Listed by The Residential Group and Jason Manganello of William Raveis R.E. & Home Services

$
$
%
$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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34-40 N Crescent Somerville MA 02145

Somerville, MA34-40 N Crescent

Price$3,600,000

Est. Mortgage: $/month

List No 72886537

  • Multi-Family
  • Bedrooms 19
  • Bathroom 9
  • Square Feet 6,772
  • Units 5

Listed by Lenny Pierce and Kellie Coveney of Jones Lang LaSalle New England,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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12 Kilby Street Somerville MA 02143

Somerville, MA12 Kilby Street

Price$3,350,000

Est. Mortgage: $/month

List No 72906611

  • Multi-Family
  • Bedrooms 18
  • Bathroom 6
  • Square Feet 6,618
  • Units 6

12 Kilby Street is a fully occupied 6 family property in vibrant Union Square. Each three-bedroom, one-bathroom unit features hardwoodflooring, a large living space, and an eat-in kitchen with granite countertops and stainless steel appliances. First-floor residents share a largepatio, and upper units have private rear decks. The proximity to the new Union Square MBTA station, Boynton Yards, and numerous USQDevelopments make this property a rare opportunity. See it today!

Listed by William Senne and Moises Morin-Martinez of Senné

$
$
%
$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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12 Kilby Street Somerville MA 02143

List No 72906161

  • Commercial 5+ Residential
  • Square Feet 6,618
  • Acreage 0.12
  • Total Parking Spaces 4
  • MLS Status Active

12 Kilby Street is a fully occupied 6 family property in vibrant Union Square. Each three-bedroom, one-bathroom unit features hardwood flooring, a large living space, and an eat-in kitchen with granite countertops and stainless steel appliances. First-floor residents share a large patio, and upper units have private rear decks. The proximity to the new Union Square MBTA station, Boynton Yards, and numerous USQ Developments make this property a rare opportunity. See it today!

Listed by Moises Martinez and William Senne of Senné

$
$
%
$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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76 Cross Street Somerville MA 02145

Somerville, MA76 Cross Street

Price$3,200,000

Est. Mortgage: $/month

List No 72867680

  • Multi-Family
  • Bedrooms 99
  • Bathroom 99
  • Square Feet 7,629
  • Units 7

76 Cross Street is a newly-renovated, three-story mixed-use building with four (4) retails units and three (3) residential units, all within 13,131 square feet of total gross area on a 0.18-acre parcel. The Property has undergone substantial renovations including a gut renovation with modern amenities throughout, new HVAC systems in all units, new plumbing and electrical throughout, all new windows, repair of framing, foundation, and exterior. The Property is comprised of residential units on the second and third floors, which consist of three (3), 2-Bedroom/1-Bathroom units, featuring brand new granite countertops, cabinets, stainless steel appliances, dishwashers & hardwood floors throughout. All four retail units were completely renovated with brand new HVAC. The property is currently fully leased and is exceptionally well-located, within walking distance to Assembly Row, MBTA Sullivan Square Station, Gilman Square, and many more amenities!

Listed by Dennis Kelleher and John Pentore of Horvath & Tremblay

$
$
%
$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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39-41 Gilman Street Somerville MA 02145

Somerville, MA39-41 Gilman Street

Price$3,100,000

Est. Mortgage: $/month

List No 72886734

  • Multi-Family
  • Bedrooms 18
  • Bathroom 8
  • Square Feet 4,396
  • Units 4

Listed by Lenny Pierce and Kellie Coveney of Jones Lang LaSalle New England,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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71-73 Oak Street Somerville MA 02143

Somerville, MA71-73 Oak Street

Price$2,899,000

Est. Mortgage: $/month

List No 72854540

  • Multi-Family
  • Bedrooms 8
  • Bathroom 4
  • Square Feet 3,662
  • Units 3

Incredible investment opportunity awaits in Inman Square, Somerville. 71-73 Oak Street consists of two residential buildings on one lot. 73 Oak St. includes two units, up and down, with two beds, one bath each. 71 Oak St. is a beautiful 4 bed, 2 full bath single family with a fully finished basement. Excellent location close to Harvard Square., Central Square., Union Square, and the new Green line extension (Lechmere). Strong rental history. A Must See! Schedule a private showing with 24 hour notice.

Listed by Sara Adgate of Berkshire Hathaway HomeServices Commonwealth Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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27 Pearl Street Somerville MA 02145

Somerville, MA27 Pearl Street

Price$2,849,000

Est. Mortgage: $/month

List No 72878771

  • Multi-Family
  • Bedrooms 12
  • Bathroom 6
  • Square Feet 6,868
  • Units 6

ATTENTION INVESTORS AND CONTRACTORS!!! Extremely attractive 6-family home, with lots of orginal details, high ceilings, non-functioning fireplaces with marble mantles in each unit. Some units have been updated and all units have large front rooms with crown molding. Some units have also alreay been de-leaded and certificates can be provided. All tenants are TAW and current rents are extremely below market. Same family has owned the property early 1960's and have lived there over the years. Units are all various shapes and sizes. Three units are large, 3-bedroom units and the other three units are 1-bedroom units. Lots of opportunity here for an investor who wants to buy/hold or an investor/contractor who is looking for their next condo conversion project. MORE PICTURES TO FOLLOW

Listed by Steven Dinis of Citylight Homes LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.