Somerville MA Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Lot size:
0.1 Acres
Year built:
1930
Baths:
7.00
MLS#:
73315869

ADDITIONAL INFORMATION

Exclusive Developer/Contractor/Investor Development Project: Shovel-ready Two luxury condo units in a prime Davis Square location. Ready for immediate renovation with substantial ROI potential. 4+ car parking, decks, and dedicated patios. Stunning architectural design by a top Somerville firm. Permits nearing approval. The owner will provide support throughout the construction phase as needed by Buyer. Contact agent for detailed plans & condo docs.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.11 Acres
Year built:
1900
Baths:
3.00
MLS#:
73294315

ADDITIONAL INFORMATION

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.

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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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 02144 has a population of 80,608. Somerville 02144 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 02144 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 02144 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.

Somerville Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    20
    30-day change

Somerville Schools and Demographics

Education near Somerville, MA

Metric City County
High School Graduates 91.45 93.57
College Degree - 2 year 3.21 5.86
College Degree - 4 year 65.9 57.77
Graduate Degree 21.32 19.76
Expenditures per Student 23,560 23,560
Students per Teacher 12 12

Elementary Schools near Somerville, MA

School Grades Students P/T Ratio ZIP
Albert F. Argenziano School At Lincoln Park PK - 08 569 13.7 02143
Arthur D Healey PK - 08 529 13.2 02145
Benjamin G Brown KG - 06 287 14.7 02144
Brooks School PK - 05 534 13.2 02155
Christopher Columbus PK - 05 471 11.8 02155
E Somerville Community KG - 08 668 14 02145
John F Kennedy PK - 08 439 11.2 02144
John J McGlynn Elementary School PK - 05 559 13.2 02155
Milton Fuller Roberts PK - 05 576 13.2 02155
West Somerville Neighborhood School PK - 08 370 13.7 02144
Winter Hill Community School PK - 08 446 11.3 02145

Middle Schools near Somerville, MA

School Grades Students P/T Ratio ZIP
John J. McGlynn Middle School 06 - 08 476 9.7 02155
Madeleine Dugger Andrews 06 - 08 494 11.5 02155
Rindge Avenue Upper School 06 - 08 263 9.1 02140
Vassal Lane Upper School 06 - 08 286 8.3 02138

High Schools near Somerville, MA

School Grades Students P/T Ratio ZIP
Cambridge Rindge and Latin School 09 - 12 1,836 10.3 02138
Curtis-Tufts 09 - 12 22 5 02155
Medford High School 09 - 12 1,176 12 02155
Somerville High School 09 - 12 1,237 10.1 02143

Ungraded Schools near Somerville, MA

School Grades Students P/T Ratio ZIP
* Full Circle High School 09 - 12 55 4.5 02145
* Medford Vocational Technical High 09 - 12 206 6.3 02155

Demographics near Somerville, MA 02144

Metric Zip Code City
Neighborhood Type Inner City
Population 80,608 1,623,411
Population Density 19,546 1,985
Median Age 31.8 38.5
People per Household 2.3 2.5
Median Household Income 108,896 111,790
Average Income per Capita 58,437 58,399