Somerville MA Multi-Family

Somerville, known to some as the “little brother” to Cambridge, is one of Boston metro’s most desirable areas, due to its energetic “squares”: Davis Square, Ball Square and Powderhouse Squares – where students mingle with professionals in a lively arts and active retail setting, Union Square, Spring Hill, and East Somerville, where cultural activity meets an ever growing new population and amenities. Somerville has a flavor all it’s own, is easily accessible to Boston via the T, bike lanes and walkable streets. 

A recent and ever-growing development boom, including residential and "lifestyle" shopping center at Assembly Row, is keeping Somerville at the top of buyers' lists of areas in demand. Somerville's eclectic population is reason that in June 2015, the National Civic League named the City of Somerville one of ten national winners of its annual All-America City Awards, making it the third time in the City's history that Somerville has won the award since its inception in 1949.

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6-8 Rush Street Somerville MA 02145

Somerville, MA6-8 Rush Street

Price$4,350,000

Est. Mortgage: $/month

MLS Number 72794105

  • Multi-Family 5-9 Family
  • Total Parking Spaces 6
  • Year Built 1890
  • Bathroom 12
  • Full Bath 12

Just completed and vacant! Rare opportunity to purchase a beautifully renovated 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.

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

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Federal 30-year interest rate: 2.98% last updated on Apr 29, 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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171-175 Tremont Street Somerville MA 02143

MLS Number 72822218

  • Multi-Family 5-9 Family
  • Total Parking Spaces 12
  • Year Built 1920
  • Bathroom 6
  • Full Bath 6

Golden Opportunity! Nestled in between current and future Life Science hubs, Kendall Sq and Union Sq., and equidistant to Harvard and MIT, 171-175 Tremont is a massive 6 family property which shows pride of ownership at every turn. All apts have large rooms, balconies, high ceilings, antique hardwood floors, and fully applianced kitchens. The maintenance free exterior, replacement windows, and separate utility systems make this a perfect income property for the passive investor or a great condo conversion for a savvy developer. Residents love the huge parking lot with room for 12+ cars! Leases are set to expire this summer, and two units are currently vacant. Current rents are below market. Trendy shops and restaurants are at your doorstep, and the property is under 1 mile to the Central Sq T Stop. 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 and Sarah Martin of RE/MAX Destiny

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$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 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

MLS Number 72825975

  • Multi-Family 5+ Family - 5+ Units Up/Down
  • Year Built 1900
  • Bathroom 99
  • Full Bath 99
  • Bedrooms 99

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

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$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 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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96 Wheatland Street Somerville MA 02145

Somerville, MA96 Wheatland Street

Price$2,549,900

Est. Mortgage: $/month

MLS Number 72810901

  • Multi-Family 3 Family - 3 Units Up/Down
  • Total Parking Spaces 3
  • Year Built 1920
  • Bathroom 6
  • Full Bath 6

Rarely found. Newly renovated HUGE 3 family triple-decker house over 4000 sq. in one of Somerville's hottest areas within a half-mile from Assembly Row. Condo conversion permit is on hand and ready to convert in August 2021. Can be sold separately in August.Three off-street parking spots and a large fenced-in yard. Units 2 and 3 have front decks. Each unit is a 3 bed, 2 bath unit and completely renovated with all NEW roof, NEW siding, NEW windows! NEW hardwood floor throughout, NEW HVAC system, NEW kitchen, and 2 full NEW bathrooms. Full basement with 3 finished extra rooms. Open floor plan. Prime location provides easy access to Route 93 and Broadway. Just a short walk to Foss Park, public pool, tennis courts, and the new shops and restaurants at Assembly Row. The Wynn Casino and the proposed Green Line extension are close by.

Listed by Sharon Tang of U3 Realty, LLC

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$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 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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64 Park Street Somerville MA 02143

Somerville, MA64 Park Street

Price$2,299,000

Est. Mortgage: $/month

MLS Number 72783054

  • Multi-Family 3 Family
  • Total Parking Spaces 3
  • Year Built 1900
  • Bathroom 3
  • Full Bath 3

***LOCATION, LOCATION, LOCATION*** Large classic triple decker 5-5-5 conveniently located. Walk to Harvard, Porter, Inman and Union Squares. Large driveway leads to huge fenced in backyard. Many updates to this home that include newer electric, plumbing and heat systems. Roof and windows are also newer. This home has an excellent rental history. Do not miss this opportunity to own a legit three family on the Somerville/Cambridge line with a massive yard and driveway. Potential expansion possibilities. Showings by appointment only.

Listed by Gregory Davidian of Keller Williams Realty Boston-Metro | Back Bay

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$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 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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7 Washington Street Somerville MA 02143

MLS Number 72800291

  • Multi-Family 5-9 Family
  • Year Built 2021
  • Bathroom 12
  • Full Bath 12
  • Bedrooms 17

Rare opportunity to develop a AS OF RIGHT 10 unit residential building blocks away from the Green Line extension. Architects full submittal package ready to be filed with city. Comprised of four high efficiency one bedrooms, five two bedrooms and a parlor duplex three bedroom. Well laid out, open concept units designed for the way we want to live. Viable for condo sales with an expected sellout of 6.3+M, or hold as a rental building with strong potential NOI and CAP rate while the area continues to develop around the green line extension. The extension has a Washington St Stop, which is less than .4 miles away. Only a mile away from bustling Assembly Row. 6 unit as of right with 4 units added through net zero build.

Listed by Ramsay and Company and Ramsay Fretz of Leading Edge Real Estate

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$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 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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23-25 Gorham Street Somerville MA 02144

MLS Number 72824002

  • Multi-Family 3 Family - 3 Units Up/Down
  • Year Built 1910
  • Bathroom 4
  • Full Bath 4
  • Bedrooms 7

LOCATION, LOCATION. Opportunity to own in desired sought-after Davis Sq. Area. Spacious 3-Family with potential to make additional improvements and/or possible conversion. Excellent long-term Rental History. 1st. floor Apt. has 6 rms., 2-bdrms., study, 1-full bath, updated Eat-in Kitchen, spacious Dining & Living rms, Sitting rm.,Hardwood floors. 2nd. floor Apt. has 7 rms., 4 bdrms., 2-full baths, Updated kitchen, Large Living & Dining rms. and a sitting rm. 3rd. floor Apt. has 3 rms.,( 1 or 2 bdrms,)open area kitchen/dining or living space, enclosed 3-Season porch in rear. 3 Burnham Gas FHW Ht.systems, Approx.8 yrs., Hot water Heaters: #1-5/18, #2-8/19, #3-3/15. Replacement windows-Approx.8 yrs. Roof is 20+ yrs.old. Property to be sold "As Is". No Warranties, guarantees or representations, expressed or implied.Buyer(s) & Agent to do own due diligence. Showings to start Saturday May 1, Any and all offers will be presented on Wednesday May 5, at 6:00 PM

Listed by Anthony Zafferano of Norwich Realty Associates

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$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 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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53 Sargent Avenue Somerville MA 02145

Somerville, MA53 Sargent Avenue

Price$1,795,000

Est. Mortgage: $/month

MLS Number 72813791

  • Multi-Family 3 Family
  • Total Parking Spaces 4
  • Year Built 1905
  • Bathroom 4
  • Full Bath 4

Calling all investors! Prime 3-unit rental opportunity in Winter Hill, All units are rented with tenants in place. Each unit is spacious and well maintained with hardwood floors, light-filled living areas, chandelier lit dining rooms, eat-in kitchens, and bathrooms with shower/tub combos. The large common area porch and balcony have wrought iron railing. Walk-out basement with shared laundry room and full bath; Detached garage; Off-street parking. Potential condo conversion - check with the City of Somerville. Easy access to Assembly Row, I-93, the Orange Line and future Green Line extension, and Sullivan Square Station. Buyer should verify all information.

Listed by Dave White of OwnerEntry.com

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$
%
$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 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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28 Moreland Street Somerville MA 02145

Somerville, MA28 Moreland Street

Price$1,750,000

Est. Mortgage: $/month

MLS Number 72799976

  • Multi-Family 3 Family - 3 Units Up/Down
  • Total Parking Spaces 10
  • Year Built 1910
  • Bathroom 3
  • Full Bath 3

OPEN HOUSE: SATURDAY 3/20,SUNDAY 3/21 FROM 1PM - 3PM. DEVELOPERS & INVESTORS TAKE NOTICE ! This 3-unit multi-family building boasts two 4 bed/1 bath units and one 4 bed/2 bath unit with great renting & investing potential. Over 4,000 total square feet of living space and 10 parking spaces for renting or assigning to tenants. The land consists 8112 Sqft and potential to do a development. Attractive location for renters, with extension T stations (Magoun Square) and shopping within walking distance at Assembly & Wellington.

Listed by Zhengnan Kang and Rose Hall of Blue Ocean Realty, LLC

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$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 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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361 Highland Avenue Somerville MA 02144

Somerville, MA361 Highland Avenue

Price$1,699,000

Est. Mortgage: $/month

Active With Contract

MLS Number 72814721

  • Multi-Family 3 Family - 3 Units Up/Down
  • Total Parking Spaces 5
  • Year Built 1900
  • Bathroom 4
  • Full Bath 4

This is the one you've been waiting for. Finally an investment opportunity that checks all the boxes! Welcome to Davis Square, the best neighborhood in Somerville. Enjoy a 4 minute walk to the Davis Square T Stop for an easy commute into Boston. Take advantage of of the towns amenities, including and variety of restaurants, shopping, parks and outdoor activities. Close proximity to Tufts, Cambridge, and Harvard, just to name a few! This well maintained three-family property offers excellent options for an owner-occupant, investor, or developer. Units 2 and 3 are occupied and in lease, while unit 1 is vacant and ready for an owner occupant or new tenant. Notable upgrades include service panel upgrades and replacement windows, newer furnaces and hot water tanks. Five off street parking (all non tandem) and laundry in-unit. Value adds include a barn / garage in the back yard, perfect for storage, parking or to be brought back to life for additional income!

Listed by Buy Boston Team and Drew Boujoulian of Coldwell Banker Realty - Brookline

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$
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$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 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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92 Newton Street Somerville MA 02143

Somerville, MA92 Newton Street

Price$1,599,000

Est. Mortgage: $/month

Price Changed

MLS Number 72815274

  • Multi-Family 3 Family
  • Total Parking Spaces 2
  • Year Built 1890
  • Bathroom 4
  • Full Bath 4

OUTSTANDING TRIPLE DECKER IN THE HEART OF SOMERVILLE! Located on a corner lot in Concord Square this well cared for home has been in the same family for 50 years! This property is move in ready as is OR use your imagination and convert into 3 gorgeous condo units and sell for top dollar! Basement is finished with exterior access for even more possibilities. Property features 9 bedrooms, 4 baths and 2 car off street parking spots. Outdoors you'll find a mix of red and white grapes on a trellis and cozy little sitting area all located inside a gated yard. Walk or Bus to anything you need and enjoy city living! DO THE MATH, UNDER $535K PER UNIT!! Close to Union Square and the new Green Line Extension!

Listed by Roberta Fulford and Malcolm Fulford of LAER Realty Partners

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$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 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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70 Porter Street Somerville MA 02143

Somerville, MA70 Porter Street

Price$1,549,900

Est. Mortgage: $/month

MLS Number 72803650

  • Multi-Family 2 Family
  • Total Parking Spaces 3
  • Year Built 1910
  • Bathroom 3
  • Full Bath 3

SPRING HILL WITH A VIEW AND LESS THAN A HALF MILE TO THE PORTER SQ RED LINE! ALWAYS considered the ULTIMATE . GRAND PHILLY STYLE TWO FAMILY with THREE OFF STREET PARKING SPACES... OVER 3,000 sq ft of INTERIOR LIVING AREA and updated with condos in mind including open floor plans and spacious living areas. Many bay windows throughout. Hardwood floors. FIRST FLOOR is a 5 room 2 level unit with dining room and 2nd level master bedroom including walk in closet. SECOND FLOOR is 7 rooms, 4 bedrooms, 2 full baths... including cathedral ceilings and skylights. KITCHENS are eat in and both have gas stoves and dishwashers. Double paned windows throughout. Fantastic rear yard with multiple large terraced patios. HUGE separate storage areas in basement, each with their own laundry's. Spacious basement with generous ceiling height, half above grade. Currently generates $6,600 monthly or Gross Annual Rent of $79,200. Leases expire 8/31/21. SHOWS WELL. Entire house has been well taken care of!

Listed by The Steve Bremis Team and Stephen Bremis of Steve Bremis Realty Group

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$
%
$/month over payments
Federal 30-year interest rate: 2.98% last updated on Apr 29, 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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