Somerville MA Multi-Family

MLS Number 73167279

• MultiFamily
• Bedrooms 99
• Bathroom 99
• Square Feet 28,894
• Parking Spaces 18

Fortune Realty is pleased to present 121 Prospect Street, a fully permitted and approved 32 unit transit-oriented residential development opportunity situated on the Somerville/Cambridge line, less than a quarter of a mile away from the highly anticipated Union Square Station and a stone's throw away from Cambridge's vibrant Inman Square. The four story structure consists of three wood framed residential floors over a single steel podium parking level. 121 Prospect offers 18 covered parking spaces, with multiple modes of public transit at its front door. Strategically positioned within a mile radius of esteemed educational institutions such as Harvard, MIT, and Central Square, 121 Prospect Street provides future residents with unparalleled convenience to public transportation, suburban employment hubs and a myriad of eateries, shopping, and entertainment amenities the area has to offer. The property presents a remarkable opportunity to build market rate housing in a coveted submarket.

Listed by Justin Pepple of Fortune RE

MLS Number 73149807

• MultiFamily
• Bedrooms 21
• Bathroom 10
• Square Feet 8,937
• Parking Spaces 4

ATTENTION...ATTENTION...a very rare opportunity, 10 units in solid shape, almost 9000 square feet of living space, 21 bedrooms, 10 bathrooms, 4 off road tandem parking spots. New roofs, newer electrical, new natural gas, all the big money items taken care of. One of the hottest rental markets in the country, with property values rising, don't miss this chance. Separate utilities, heat, water, electric, all rents underpriced, but are Tenants at will. 4 off road tandem parking spots between both buildings. 2 separate deeds for the 2 properties. New roof, newer electric, and newer natural gas. All tenants, therefore, have separate utilities, and pay electricity, heat, gas. Yearly rent $240,000. and are under market, bring these up to market value, make a great cap rate and a rental beast. Somerville right off McGrath a great location and proximity to all that is Cambridge, Somerville, and Boston. Both buildings create an investment compound that is absolutely incredible.

Listed by Robert Downer of R.E.D. Development & Real Estate Group

MLS Number 73168514

• MultiFamily
• Bedrooms 18
• Bathroom 6
• Square Feet 6,618
• Parking Spaces 4

Annualized rent roll of $235,800 with room for improvement on this stabilized apartment income property in vibrant Union Square. Six total apartments; each with three bedrooms, one bathroom, a living room, and an eat-in kitchen with granite countertops and stainless steel appliances and outdoor areas. First-floor residents share a large patio, and the upper units have rear porches. There are 4 parking spaces included with this sale. Union Square location provides amazing access to commuter options including buses, the redline train at nearby Porter Square and the green line train at new USQ station down the street!

Listed by William Senne and Jake King of Senne

MLS Number 73156089

• MultiFamily
• Bedrooms 25
• Bathroom 22
• Square Feet 14,000
• Parking Spaces 6

Attention developers, builders and landlords, amazing By-Right 6 units condo or apartment development opportunity in primary Somerville location 2 blocks from Tufts University, 0.4 miles from Davis Square. The current lot of 9,284 SQFT has been approved to be split to 3 lots. 4 condos and 2 duplexes. 6 surface parking spaces. Designed by renowned architect Peter Quinn, total buildout allows for about 14,000 SQFT, total sellout projected to up to $10M. No Affordable units required. If you desire to keep the current building, you will have total 12 bedrooms, 5 full baths in a multi-family with about 4,500 SQFT, two car garage, two driveways, 4 more parking, and high ceiling in unfinished basement. A cash cow for rental in the hottest area of Somerville. Condo conversion permit in hand, lot split approved, HPC green lighted the demolition of the current building, building permit well underway. All architectural and structural plans and docs will be transferred to new owner, don't miss it

Listed by Derek Greene of The Greene Realty Group

MLS Number 73172627

• MultiFamily
• Bedrooms 9
• Bathroom 9
• Square Feet 5,096
• Parking Spaces 6

Savvy investors and 1031 exchange opportunity! 3 custom side by side townhouses with 6 garage spaces. Each residence was tastefully designed and built to the highest levels by an award-winning developer, with chefs eik kitchens, bertazzoni ranges, ss appliances, gleaming hardwood floors, open concept lvrm/dnrm/kitchen with a direct walk out patio. The 2nd level has 2 bedrooms, w&d, a full bath & an office nook. The top floor has a gracious primary bedroom suite with two wics, a double vanity, extra cabinet storage & a spa like walk in shower. Each unit has an exclusive balcony area accessed from the primary bedroom, with unobstructed views of the mystic river and encore casino. Built in 2018, soundproofing was included as well as a fire sprinklers/alarm system. The building is 100% occupied.

Listed by Boston RE Group, Alexis Aggouras and Heather Olin of Coldwell Banker Realty - Boston

MLS Number 73156348

• MultiFamily
• Bedrooms 8
• Bathroom 7
• Square Feet 4,728
• Parking Spaces 6

Perfect opportunity to own this newly renovated luxury 2-family house, a blend of true classic and contemporary design. Tucked between Teele square and Tufts University in a sought-after yet quiet street with easy access to Davis Sq., red line and green line T stations. Great curb appeal, big front and back yard, open layout, high ceilings, finest craftsmanship & high-end finishing. Unit 1: 3 beds, 3 full baths, 2 master suites, 2 levels. Unit2: 5 beds, 4 full baths, and 2 master suites, 2 levels. Ample space, privacy and natural light. Each unit features Chef's kitchen complete with Thermador appliances, wine cooler(s), and an oversized center island. Enjoy family time in front of the dazzling electrical fireplace. Indulge in the peaceful surroundings on the gorgeous deck and patio. Relax in the soaking bath and massive master suite. NEST thermostats & door bell, Yale key lock. Great for owner-occupied or as an investment. Two car garage and off-street parkings.

Listed by Sharon Tang of U3 Realty,LLC

MLS Number 73141527

• MultiFamily
• Bedrooms 7
• Bathroom 7
• Square Feet 4,500
• Parking Spaces 4

STUNNING RENOVATED TWO FAMILY. A rare gem with lovingly restored period details throughout, this ~4,500+ sqft 7 bedroom/5 full and 2 half bath Victorian welcomes you with two units. Features include modern chef's kitchens with stainless steel appliances, skylights, original woodwork and fireplace details, en-suite bathrooms with soaking tub, double sink, skylights, glass-enclosed shower stalls etc. spacious bedrooms, 2 outdoor decks. Flexible layouts allow for separate in-law suite and/or home offices. Other features include washer/dryers, fenced yard/garden, 4 off street parking w 2 EV chargers. Close to Gilman Square stop Green Line.

Listed by Vincent C. Lee and Lily Liang of Supreme Property Solutions

MLS Number 73167358

• MultiFamily
• Bedrooms 10
• Bathroom 4
• Square Feet 4,467

Location! Location! Location! Rare 4 family investment property located in Davis Square on lovely tree-lined street. Current strong income situation for an investor with great upside potential. Spacious units with tile baths and kitchens, 3 units with in unit laundry, hardwood floors throughout most units. The first floor units have 2 bedrooms and the upper floor (2 level units) have 3 bedrooms. Walk score of 97, close to public transportation, the Somerville Community Bike Path, Tufts University, restaurants, coffee shops, shopping, and all the nightlife Davis Square has to offer. 3 units have one year leases and 1 unit is a TAW. Great opportunity for the savvy investor to add this prime Somerville location to their portfolio.

Listed by Shane Marrion of Benoit Real Estate Group,LLC

MLS Number 73172690

• MultiFamily
• Bedrooms 8
• Bathroom 5
• Square Feet 3,109
• Parking Spaces 4

67 Wheatland Street is a turn-key Property with condo quality finishes, including new hardwood flooring throughout, new kitchens with new cabinetry, quartz countertops (granite in Unit 1) , stainless steel appliances, and new bathrooms. The building has a new roof, new Hardie Plank siding, new windows, and a freshly paved driveway with a 4-car parking lot. The Property is separately metered for heat, hot water and electricity and also features a laundry facility in the basement. Unit 1 is currently vacant, allowing the opportunity for an owner-user acquisition. The Property is an exceptionally well-located, fully renovated asset in one of the strongest real estate markets in a region that is poised for future growth. 67 Wheatland Street offers convenient access to Interstate 93, Assembly Row, the new Gilman Square Station of the Green Line Extension (0.7-miles), Assembly Station (0.7-miles), Sullivan Square Station (1-mile), and is one block away from Foss Park.

Listed by John Pentore and Dennis Kelleher of Horvath & Tremblay