Somerville MA Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.04 Acres
- Year built:
- 1920
- Baths:
- 2.00
- MLS#:
- 73304979
ADDITIONAL INFORMATION
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%
$3,995,000
5-9 School St Unit 5-9 Somerville, MA 02143
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 19
- Lot size:
- 0.1 Acres
- Year built:
- 1920
- Baths:
- 11.00
- MLS#:
- 73303433
ADDITIONAL INFORMATION
**$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.
$2,100,000
57 Dimick St Unit 57 Somerville, MA 02143
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.06 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 73302189
ADDITIONAL INFORMATION
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!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.21 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 73300850
ADDITIONAL INFORMATION
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.
$1,650,000
39 Hudson St Unit 39 Somerville, MA 02143
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.07 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 73297026
ADDITIONAL INFORMATION
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.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.08 Acres
- Year built:
- 1910
- Baths:
- 3.00
- MLS#:
- 73295794
ADDITIONAL INFORMATION
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.
$1,195,000
25 Greene St Unit 25 Somerville, MA 02143
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.04 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 73293294
ADDITIONAL INFORMATION
**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!!
$2,350,000
15-17 Oak St Unit 15-17 Somerville, MA 02143
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.19 Acres
- Year built:
- 1900
- Baths:
- 5.00
- MLS#:
- 73250549
ADDITIONAL INFORMATION
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.
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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 02143 has a population of 80,608. Somerville 02143 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 02143 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 02143 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.