Somerville MA Commercial for Sale
$1,549,999
431 Medford Somerville, MA 02145
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- 73292224
ADDITIONAL INFORMATION
Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last long—act now to secure your investment in this desirable neighborhood!
$1,900,000
152 Cross Street Somerville, MA 02145
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 73223594
ADDITIONAL INFORMATION
Attention Investors and Developers. Welcome to 152 Cross St, Somerville - a meticulously maintained 6-unit building nestled in the heart of one of Somerville's most desirable neighborhoods. Conveniently located just steps away from shops, restaurants, parks, and public transportation, 152 Cross St offers the perfect blend of suburban tranquility and urban convenience. Don't miss your chance to purchase this property which offers great CASH FLOW! The property has many updates including all newer water heaters, 4 newer heating systems, and a BRAND NEW ROOF. All units are tenants at will.
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. Copyright © 2024 MLS Property Information Network, Inc. All rights reserved.
Somerville Real Estate
The median home value in Somerville, MA is $762,800. This is higher than the county median home value of $658,900. The national median home value is $338,100. The average price of homes sold in Somerville, MA is $762,800. Approximately 31.88% of Somerville homes are owned, compared to 62.23% rented, while 5.89% are vacant. Somerville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Somerville real estate agent to arrange a tour today!
Somerville, Massachusetts 02145 has a population of 80,608. Somerville 02145 is less family-centric than the surrounding county with 28.41% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Somerville, Massachusetts 02145 is $108,896. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Somerville 02145 is 31.8 years.
Somerville Weather
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 48 inches per year, with 51.4 inches of snow per year.