Somerville MA Multi Family for Sale
$1,299,000
7 Stickney Ave Unit 7 Somerville, MA 02145
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.08 Acres
- Year built:
- 1920
- Baths:
- 3.00
- MLS#:
- 73314635
ADDITIONAL INFORMATION
Explore this exceptional multi-family property in Somerville, MA. This property boasts two generously sized & recently updated apartments. Numerous rooms have been newly painted. The units showcase a variety of flooring options, including elegant hardwood, stylish tile, & plush new (2022) wall-to-wall carpeting. The expansive kitchens have been updated with modern countertops & cabinets, while the bathrooms exude a contemporary flair. This property features seven sunlit bedrooms, providing ample space for residents.Additionally, you'll find bonus rooms that can serve as home offices, walk-in closets, or convenient mudrooms, adding versatility to the living spaces. Situated in an ideal location, this property offers easy access to public trans options such as the T and bus routes & major highways. It's just minutes away from Tufts, MIT, & Harvard Univ.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.04 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 73295597
ADDITIONAL INFORMATION
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.
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.06 Acres
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- 73292223
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!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 99
- Lot size:
- 0.27 Acres
- Year built:
- 1967
- Baths:
- 198.00
- MLS#:
- 73287759
ADDITIONAL INFORMATION
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!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.09 Acres
- Year built:
- 1900
- Baths:
- 5.00
- MLS#:
- 73248830
ADDITIONAL INFORMATION
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.
$2,649,000
640 Mystic Ave Unit 640 Somerville, MA 02145
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.09 Acres
- Year built:
- 2017
- Baths:
- 9.00
- MLS#:
- 73235507
ADDITIONAL INFORMATION
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.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.05 Acres
- Year built:
- 1900
- Baths:
- 6.00
- MLS#:
- 73223072
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.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.14 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 73218290
ADDITIONAL INFORMATION
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
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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 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.