Outstanding location! Considered a walkers paradise with a score of 90 and quick access to Magoun Green Line. The bilke path is super close as well and considered a bikers paradise with a score of 95 which will take you to Davis Square Red Line, maintenance free siding, separated systems, gas heating systems, gas hot water, circuit breakers, cute back yard, olenty of sunlight,quiet one way street, enjoyable deck, outstanding rental history, hardwood floors, large second floor unit featuring 2 bathrooms. On street parking with permit. Group showing schedule: October 28th 5:30pm, Oct. 29th 11am, Oct. 30th 5:30pm, Oct. 31st 11am Open houses: November 2nd 11-12:30 and November 3rd. 11-12:30. Seller to review all offers November 4th at noon.
This well maintained 2-Family home is ideally located near Union, Inman, and Harvard Square in a quiet neighborhood. The first unit has 2 bedrooms, 1 bathroom, and 1 off street parking spot. The second unit has 3 bedrooms, 1 bathroom, and1 off street parking spot. There are two additional on street guest parking passes. The home has several upgrades including insulated windows and and a Navien boiler (2022). There is a well maintained composite deck. The home will be delivered vacant. The estimated capitalization rate is over 5.25%
**$247,782 Proforma NOI** The School Street Apartments is a 9-unit apartment complex located in the heart of Somerville near Union Square, featuring (6) 2-bedroom, 1-bathroom, (2) 3-bedroom, 2-bathroom, and (1) 1-bedroom, 1-bathroom units. There is a value-add opportunity at the property to perform light unit updates and raise rents to competitive market levels. Also available (not included in 5-9 School St price) is the 2 Quincy Street lot, an abutting development site of 0.14 acres under Somerville’s “Urban Residence (UR)” zoning, which allows one apartment building by right. Current ownership has plans drawn up for a 20-unit building with 4 floors. Less than a half mile from both the Porter Square and Gilman Square T-stops on the Green Line and Commuter Rail, and steps away from MBTA Bus Routes on Somerville Ave, the property offers direct access to employment centers in Downtown Boston, Somerville, and Cambridge.
Great investment or for owner occupied Multi located in sought after neighborhood in Somerville! This Large property has been lovingly maintained and cared for throughout the years by the same family. Seller says it’s time to pass the torch to new owner! 3 bdrms, country Kit, DR with built-in china cab.LR(could be 4th bdrm),1bth,walk in pantry(could be converted to 2nd bath w/shower. Lots of potential to generate more revenue. There are 3 sets of washers and dryers available for the tenants use. All refrig. stoves and washer & dryers will be conveyed with the property. Some of the most recent updates include vinyl siding, 3 newer back porches with composite flooring, windows, some new appliances, central air in each unit, light fixtures and bthrm vanities in some of the units as well as a new walkwy. All this in a Premium Location on the Cambridge line in close proximity to Harvard Sq, Central Sq, Inman Sq, Porter Sq, Lincoln Park, Union Sq, Whole Foods, new T Station and more!
**$200,500 in gross annual income** 158 Holland Street is a massive 3-unit apartment building located in Somerville, offering an attractive unit mix of all 4-bedroom, 2-bathroom units about 1,500 square feet, each rented for $5,500 per month. The property features updated units, separate utilities, onsite laundry, and off-street parking.Located between Davis Square and Tufts, the property boasts unparalleled access to the top submarkets in Greater Boston. Nearby attractions/amenities include Davis Square and its Red Line T-stop, Tufts University, the Somerville Theatre, and many dining plus entertainment options.
3 Family with significant development potential near Harvard. 60-62 Line Street is just blocks to Harvard Square, CHA Cambridge Hospital, Union Square, and Inman Square. With a large 9,000+ sq ft lot, there is potential to develop 6+ units with 6 parking spots on the property. Feasibility study is available upon request. The lot currently contains a 3-family property with 6 beds and 2 baths and has over 3,000 sq ft of living area. The first floor unit has a tenant at will. The second and third floor units are vacant. Extremely unique opportunity for both developers or primary buyers looking to build their dream home with or without rental income. Located on a quiet one-way street but just minutes to cafes, shops, restaurants and public transportation. Opportunities like this do not come along often. Buyers to do their own due diligence regarding any development opportunities.
This recently updated three-unit multi-family home features Two Off-Street PKG Spaces, front and rear decks and is in the heart of Teele Square. The bright and spacious residence includes two one-bedroom, one-bath apartments on the first level, boasting updated kitchens, hardwood floors, and high ceilings. The second floor comprises four bedrooms, two baths, hardwood floors, and an updated kitchen. The first level offers an open floor plan with an eat-in kitchen, dining room, office, full bath, and two bedrooms. The upper level adds two more bedrooms, a bathroom, and a large family room. Well-maintained and on the market for the first time in over 50 years, this property is ideally located near shops, trendy eateries, and public transport, with easy access to Stop & Shop, Tufts University, Davis Sq, Harvard University, and bus routes 87, 88, & 89, as well as the Red Line T Station. Don't miss out on this exceptional MF home! OFFERS DUE WEDNESDAY THE 16TH AT 3PM.
Located in the heart of the vibrant Winter Hill neighborhood, this well maintained two-family home offers both space and convenience. Each unit boasts well-proportioned rooms, making it perfect for owner occupied or rental income. The property features a large yard, ideal for outdoor gatherings, gardening, or simply relaxing in a private urban oasis. 2 off-street parking adds a rare and valuable convenience in Somerville. Winter Hill's, proximity to Magoun Sq, Tufts University, public transportation, and easy access to local shops, parks, and restaurants make this home a standout. Whether you're looking to invest or settle into one of the most sought-after neighborhoods, this property is a must-see!
Open House:
Thursday, 11/7 1:00-3:00PM
This property presents a fantastic opportunity for investors seeking a well-located asset in a thriving neighborhood. Just minutes from Davis Square, this home is perfectly positioned for access to the Red Line T station, local restaurants, and a lively array of shops. It’s also conveniently close to Tufts University, making it ideal for student housing or rental opportunities for academic professionals!The exterior features custom iron work railings, offering unique curb appeal, while inside, the property is adorned with beautiful antique chandeliers that enhance its classic charm. In addition to its character, the home offers ample closet space, providing practical storage solutions throughout.Whether you’re interested in maintaining its vintage character or updating it to suit modern tastes, this property offers incredible flexibility.With its mix of character, proximity to Tufts and Davis Square, and future possibilities, this property is a rare find in today’s market.
Nestled in the highly sought-after Spring Hill neighborhood of Somerville.This home offers incredible versatility. 2,797 sq ft of living space. Originally a 3-unit building, it’s now zoned as a two-family home with fantastic rental history. Unit 1 on the first floor features 2 bedrooms, 1 bathroom, an updated kitchen, and a private deck perfect for relaxing. Unit 2 spans two levels, boasting a large updated kitchen, family room, sunroom & deck on the first level, with 1 bedroom and 1 bathroom. The second level offers 3 additional bedrooms and 1 bathroom. Gleaming hardwood floors run throughout all levels, adding warmth and character. Located within walking distance to T stations, Davis Square, and Porter Square, and near some the country’s top universities and hospitals. Prime location for both homeowners and investors. Somerville was recently ranked by Fortune Magazine as one of the top places for families to live in the U.S., offering a vibrant community and unbeatable convenience.
***HUGE PRICE REDUCTION***BRIGHT and SUNNY Ten Hills area two - family, will be on the market for the first time in 82 years! This very spacious and updated property offers tremendous Living/Owner Occupied, Investment and Additional unit(s) Development Potential. Somerville zoning allows a third unit which could be quite feasible based upon the 3rd floor/attic's spacious area. Both units include 7 rooms, 3 bedrooms, 1.5 baths, Hardwood flooring, newer appliances, newer gas burners, 4 year new roof, newer vinyl windows, recently painted interiors, 2 car garage. Did we mention easy access to Assembly Row, 100 yards to the Orange Bus Line, 3.4 Miles to Boston, 1 mile to Rt 93? So, if you're in this real estate market for opportunity, look no further. You absolutely need to take a peek!
Updated Union Square 3-Family Home with 3 Off-Street Parking spaces Included. Total Renovation that was completed in 2018. Stable rental history. Each floor plan offers 3 Bedrooms & 1 Bathroom. Two of the three (2/3) Apartments are Leased through 8/31/25. The second floor apartment is vacant which leaves potential for an Owner Occupant Buyer! Modern HVAC systems with Central Air. Gleaming oak hardwood floors, recessed lighting & crown molding. Open living room concept with modern kitchen featuring granite counters, white cabinets & stainless steel appliances. Flat roof, sprinklers, common laundry in the basement & plenty of storage. The Neighborhood is the Next Big investment. 18,000 Somerville residents work in scientific, tech or healthcare. Centrally located in Union Square on a quiet side Street. 5 Min walk to the BRAND NEW Union Square MBTA stop (Green Line). Three stops from N. Station/TD Garden. Steps to restaurants, bakeries, Bow Market & Target.
Calling all developers and Investors! Opportunity knocks to buy two parcels in Somerville. One lot has a nice two family and the second is a vacant lot - the possibilities for future use are endless. Zoning may allow up to six units on these parcels.
**INTRODUCING 25 GREENE STREET** This Turn key investment 2- Family house in prime Spring Hill location. 25 Greene St offers a lucrative investment opportunity with upgrades throughout. 2 New Navien tankless combi-boilers Both units are drenched in sunlight and boast recently updated kitchens and baths. First floor possesses a large 1 bedroom 1 bath with eat in kitchen, granite/stainless, gleaming hardwood throughout, bay windows & basement laundry. 2nd/3rd floor duplex offers a 3 bedroom 1 bath main level w/ kitchen, living room & 1 bedroom. gleaming hardwood, granite/stainless, dining area, living room, bay windows, 2 third floor bedrooms, laundry in unit. This prime location is just minutes from the bustling Union, Davis, and Porter Squares. This property puts you in the heart of the action. 92 Walk Score! 90 Bike Score! & 82 Transit score!!
PRE-ELECTION SPECIAL: free upgrade to highly sought-after non-tandem parking—a rare convenience IN SOMERVILLE! Welcome to sustainable luxury at the Pearl Street Residences, masterfully designed and transformed from a historic Mansard-style home into 2 ALL electric sophisticated units, setting the standard for modern, carbon-free living. BOTH units have 4 spacious BR with walk in closets, 3.5 baths including 2 primary suites. Eco-conscious Zline appliances and amenities include an EV-charging station and the Energy Recovery Ventilation System for fresh, clean air. Built with high end and sustainable materials, this Passive home is efficient in utilities and maintenance, offers health benefits including clean air. The outdoors are easily accessible from the 2 larger decks, and back patios within the fenced and landscaped yard. Enjoy the future of green living at the affordable and luxurious intersection of Boston and Cambridge <1 mile from Kendall, Assembly Row & the Mystic River
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!
Come to the Open House Saturday November 2, 2024, between 1:PM- 2PM or Sunday November 3 between 1PM-2PM. Low price, High quality! You can move right into this deluxe two-family home with sunny and spacious rooms, hardwood floors, tile baths, updated kitchens and more! Excellent condition! Ideal for the homeowner, investor or developer minutes to Davis Square, Tufts University Routes 16, 2, 128 & 93! Separate heat and utilities, fenced-in yard and parking for several cars! First floor is vacant. Second floor will also be vacant at closing! Exceptional opportunity!
DEVELOPABLE FIVE STORY MIXED USE DEVELOPMENT PROJECT. Possible buildout w/ TYPICAL CONSTRUCTION WILL ALLOW UP TO 28 UNITS and approx 31,970 gross sq ft of building and approx 1,125 average per unit size OR building as a NET ZERO BUILDING...YOU CAN PUT UP TO 37 MAXIMUM UNITS with approx 577 sq ft more or lessIncludes 2 parcels w/ over 11,000 sq ft of land, being sold as a package. ZONED MR5. Addtnl COMMERCIAL SPACE OF UP TO 5000 SQ FT is allowed. One parking space required per unit...there is enough for up to 23 spaces on site. Specital permit for relief regarding parking needed to achieve maximum number of units. SELLER WILL WAIT FOR BUYER TO RECEIVE PROJECT APPROVALS BEFORE CLOSING. Buyer responsible for all fees incl but not limited to architects fees, attorney fees etc necessary to obtain approvals. Affordable requirement for City of Somerville is 20%. GREAT LOCATION rated a WALKER'S PARADISE SCORE OF 95. Insanely convenient...UNDER A MILE TO GREEN AND ORANGE LINE SUBWAY STOPS!
Sensational RARE 4 FAMILY! SELLER FUNDED BUYDOWN STARTING @3.875% YR ONE. Imagine a LUXURY TOWNHOUSE STYLE OWNER'S UNIT w/cathedral ceilings...3 bdrms AND you have 3 ADDTNL UNITS generating an extra $6,150 in mnthly income AND you have a pool AND a huge garage that's large enough to park 4 cars or even a boat...yes, a boat. That's what you call a needle in a hay stack! Over 4k sq ft of lvng area w/ an over 600 sq ft garage on a 7,225 sq ft lot. Owned approximately 90 years by the same family over multiple generations. Entire property has been very well kept and in excellent condition. Luxury Owner's Unit is stunning w/ 7 rms, 3 bdrms, 2 bths on two lvls w/ cthdrl clngs incl a gorgeous oversized primary suite ( all prvsly gut renovated). Other 3 units all in very good condition & rented below market. BASEMENT iS UNFINISHED AN ADDTNL 1,699 SQ FT. Rated a VERY WALKABLE WALK SCORE of 89, VERY BIKEABLE BIKE SCORE of 82 w/ Excellent Transit Score of 82. WALK TO GREEN LINE AND ORANGE LINE
A very unique investment opportunity in the heart of Somerville! 4 units Entrance trough Pearl and Flint St /Estimate 7-8 % cap rate with market value rentals approx $150,000.00 per year.This mixed-use property on Pearl Street and 18 Flint Ave boasts 3 spacious residential units and 1 commercial unit, offering diverse income streams. Located in an up-and-coming area, it’s perfect for investors looking to capitalize on the potential for both fix-and-flip and long-term strategy. Situated on bustling Pearl Street in Somerville, the property is surrounded by new developments, trendy shops, and eateries, enhancing its appeal. Whether you're looking to renovate and sell for a profit or hold for consistent rental income, this property offers flexible investment opportunities. Don't miss out on this rare find in a rapidly developing area. Secure your foothold in Somerville's thriving real estate market today! DELIVER VACANT
MAJOR PRICE Improvement! -------EXCEPTIONAL FOUR-FAMILY opportunity between Inman Square and Union Square. TWO ATTACHED TWO-FAMILY homes -with separate entrances- are being offered for sale as a package. Lots of residential options- Multi-generational living, live in one and lease the other out, or keep them as 4 rental dwellings. This property has been cared for by the same family for over 50 years. Off street parking on paved driveway of #15 is shared by all tenants. The green backyard space on this 8400 SF lot invites different possibilities. Common laundry in shared basement. #15 and #17 Oak St. are separately assessed for taxes by Somerville and are shown as combined. Visit attached interactive interior floorplans. Group showings to be scheduled. Please check out the 3D Tour attached.
The property is situated about a half-mile from the Gilman Square and the MBTA Green Line station. This five-unit multifamily property features a variety of floor plans across three levels, along with parking for two vehicles. The unit mix comprises of two (2) one-bedroom units, two (2) two-bedroom units and one (1) three-bedroom unit.
INVESTORS-UNDER ASSESSED VALUE! Discover the best opportunity in Somerville at only $520 per square foot. This property includes 6 garage parking spaces and is perfect for a 1031 EXCHANGE OPPORTUNITY. Three custom-designed side by side townhouses, each with two garage spaces. An award-winning developer has crafted each home with a chef's kitchen featuring Bertazzoni ranges, SS Appliances, and gleaming hardwood floors. The open-concept living room, dining room, and kitchen lead directly to a walk-out patio. On the second level, there are two bedrooms, laundry facilities, a full bathroom, and an office nook. The top floor boasts a spacious primary bedroom suite with two walk-in closets, a double vanity, and a spa-like walk-in shower. Each unit features a private balcony with unobstructed views of the Mystic River and Encore Casino. Constructed in 2018 with soundproofing and a FIRE SPRINKLER/ALARM system, Amenity Score 8.3 Walk Score 7.8 Park Score 9.8 Schools 9.8 Wellness 8.8.
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.
SIX TOTAL UNITS...EXTENSIVELY RENOVATED FOUR FAMILY AND TWO FAMILY PACKAGE IN PRISTINE CONDITION... UNDER HALF MILE TO NEW GREEN LINE AND JUST OVER HALF MILE TO ORANGE LINE. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. FANTASTIC LOCATION. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l
The median home value in Somerville, MA is $963,000. 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 $963,000. 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 has a population of 80,608. Somerville is less family-centric than the surrounding county with 28.2% 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 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 is 31.8 years.
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.