Below you will find all Somerville, MA multi-family and commercial investment properties for sale.
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Price$165,000
MLS Number 72352011
Perfect space for the small contractor, this drive-in garage which can fit one plus vehicles features storage space, office space and a half bath. This 779 square feet of space is heated and has 9.2' ceilings. Part of a condo association, the condo fee is 212.02/month and is professionally managed. Easy to show.
Listed by John Schwagerl & Scott Twadelle and John C. Schwagerl of RCG Properties
Price$830,000
Est. Mortgage: $/month
MLS Number 72351927
Great location! Multi-family in the heart of Ten Hills. Easy walk to very popular and trendy Assembly Row, Assembly and Sullivan Square Orange line T stations. Spacious rooms with old world charm and period details including china cabinet built-ins, crown moulding, and hardwood floors. Newer roof, front and back decks, cute back yard, large driveway for plenty of off street parking. Enormous potential for expansion with unfinished attic and high ceilings in the basement. Will be delivered vacant. Group showings: Monday June 25th 6pm, Tuesday June 26th noon, Wednesday June 27th 6pm, Thursday June 28th noon. Open houses: Saturday June 30th 12-1:30 and Sunday July 1st. 12-1:30. Seller to review all offers July 3rd at noon.
Listed by Shane Marrion of Benoit Real Estate Group,LLC
Price$749,900
Est. Mortgage: $/month
MLS Number 72350788
Let's start with the good news...quiet residential side street, ALREADY VACANT 2 FAMILY with plenty of parking and a nice yard. Now the rest...to be sold 'AS IS'. Property is uninhabitable and not livable or rentable. Not for the meek or timid but a fantastic buy in this crazy market with tremendous upside! Most of this house will need to be gutted. Leave your nice clothes at home... LESS THAN A 10 MINUTE WALK TO THE ORANGE LINE! All offers due by Wednesday at 5 pm...
Listed by The Steve Bremis Team and Stephen Bremis of Bremis, James J. Inc.
Price$1,090,000
MLS Number 72350808
Great restaurant site is residential neighborhood..has permit for on street parking . Good cellar space for prep work and office ...newly renovated 4 bedroom apartment to subsidized income. Rent estimated over $3000 a month for apartment. Newer roof ,electric and HVAC...EASY TO SHOW ...
Listed by Jim Riccardi of Keller Williams Realty
Price$849,900
Est. Mortgage: $/month
MLS Number 72349138
Attention contractors, developers, and end users excellent opportunity. Solid two family on a tree lined street in Somerville very close to two new proposed Green line extension stops. First floor has two bedrooms,one bath with hardwood floors. Second unit has two floors with 4 bedrooms, one bath and hardwood floors. Property needs some TLC and is sold in as is condition. Group showings only. Offers due Tuesday 6/26 at 1:00pm.
Listed by Ed Greable & Company and Ed Greable of Keller Williams Realty
Price$1,350,000
Est. Mortgage: $/month
MLS Number 72349742
Winter Hill location. Solid 4 family (3/3/5/5) for sale in Somerville. First floor consists of 2 units of 3 rooms each. Second floor has 2 units of 5 rooms each. Both 5-room units consist of 2 levels of living space, with the bedrooms on the top floor. Some units have eat-in kitchen. Located at a dead end street. Public transportation is right at the corner. Walking distance to Somerville High School. Close to HWY 93 and Assembly Row. The PROPERTY is to be sold in "as is" condition as shown. Buyer's and or Buyer Agent's due diligence. Please give at least 24 hour notice to show.
Listed by Derek Wong of V & E Realty
Price$1,150,000
Est. Mortgage: $/month
MLS Number 72349667
You can’t get closer to Davis Square than this! Oversized two family in need of full renovation. This property is loaded with potential! Over 3,000 sf of living space. Unit one features 5 rooms, 2 bedrooms and 1 bath. Unit two is two levels with 9 rooms, 3 bedrooms and 2.5 baths. Hardwood floors, separate heating systems, porches and two car parking. Charming residential street literally steps to Davis and the Red Line. Great opportunity for contractors, developers or anyone looking to take on a project, being sold “as is”. A property with this type of investment potential in this incredible location doesn’t come along often. Don’t miss out!
Listed by Joanne McDonnell of RE/MAX Leading Edge
Price$549,900
MLS Number 72348636
Commercial property within walking distance to thriving Union Square. Currently used as Laundry Mat. Perfect conversion opportunity or have your own business here
Listed by John Costello of Shepherd Realty
Price$1,249,000
Est. Mortgage: $/month
MLS Number 72345192
Attention investors, developers and end users. Don't miss this rare huge 2 family located just blocks from Porter Square. This super convenient, well maintained 2 family features a traditional 5 room 2 bedroom apartment on the first floor with hardwood floors, washer/dryer hookup in basement and rear porch. The 2nd unit has the potential to be a 9 room unit or a 5 room unit as currently occupied. At present the 2nd unit has 5 rooms, 2 bedroom and 1 bath. It features hardwood floors, natural woodwork, closed in front porch and a rear porch. There is a third level with 4 rooms, bath, and rear porch. This can be kept by new owner as private space or can become part of the the 2nd level apartment. Not currently being occupied. Lots of potential! There is tandem parking for up to three cars and a front garden area and manageable backyard. Both units are leased through August 31. Roof is approximately 5 years old and there are many replacement windows throughout.
Listed by Patti Brainard and Stella Marifiote of Coldwell Banker Residential Brokerage - Cambridge - Huron Ave.
Price$3,995,000
Est. Mortgage: $/month
MLS Number 72344245
Originally built in 1880 as four prominent attached row houses. Each comprising of one main floor commercial storefront and residential units above. Today, the historic charm of the building remains and is being sold as one investment. The property is comprised of 8 residential units and 4 commercial bays. One store is occupying the entire commercial space and will be vacating. The residential units above each commercial space are a one- level, 2 bed/1 bath and above that, a two-level, 4 bed/ 1 bath with an open floor plan. Many units have exposed brick and all have hard wood floors. All the residential units were updated approximately 20-25 years ago to include windows, new trim and doors, floors, walls and ceilings. At the same time, the electric service was updated to 200 amp service per unit and all electric baseboard heat with separate zones, providing separate utilities - except one unit that has gas heat and cooking. All units also have separate hot water heaters.
Listed by The LIV Group, Bill Scott, Denise Price and Tim McDonald of ePlace
Price$699,000
Est. Mortgage: $/month
MLS Number 72343806
This is an attached end-unit row house with 2 units directly abutting 160-166 Broadway. It has Vinyl siding and decks on the rear of the building. Nice size back paved area. The first floor apartment is updated and is a 2 bedroom with 1 bathroom. The second floor apartment has 3.5 bedrooms and 2 bathrooms on 2 levels. The heating systems are older but working, all gas fired and the water heaters are separate and updated. The electric is breakers and mostly updated. Properties are being offered in a package of 3 or separately.
Listed by The LIV Group, Bill Scott, Denise Price and Tim McDonald of ePlace
Price$2,250,000
MLS Number 72343807
168-170-172 Broadway is a prime single story retail building with potentially 3 bays if re-divided. Very high ceilings and large gas fired heaters hanging from the ceilings. Also has a separate air conditioning system. Has a 3 Phase 200 amp service plus a single phase 200 amp electric service. A drive-in bay door and a partial unfinished basement for storage. Two of the potential 3 bays have full glass pain street frontage. The lot is 8,188 sq. ft. and has favorable zoning for a potential development. The interior sq. ft. of the retail space is 3,079. There is a rear parking lot for 9 cars. The building was previously three 3-family row houses and the owner believes it could be restored to either 9 or 12 units possibly more. Buyer must conduct their own due diligence to determine development potential.
Listed by The LIV Group, Bill Scott, Denise Price and Tim McDonald of ePlace
Price$3,995,000
MLS Number 72343812
Originally built in 1880 as four prominent attached row houses. Each comprising of one main floor commercial storefront and residential units above. Today, the historic charm of the building remains and is being sold as one investment. The property is comprised of 8 residential units and 4 commercial bays. One store is occupying the entire commercial space and will be vacating. The residential units above each commercial space are a one- level, 2 bed/1 bath and above that, a two-level, 4 bed/ 1 bath with an open floor plan. Many units have exposed brick and all have hard wood floors. All the residential units were updated approximately 20-25 years ago to include windows, new trim and doors, floors, walls and ceilings. At the same time, the electric service was updated to 200 amp service per unit and all electric baseboard heat with separate zones, providing separate utilities - except one unit that has gas heat and cooking. All units also have separate hot water heaters
Listed by The LIV Group, Bill Scott, Denise Price and Tim McDonald of ePlace
Price$799,900
Est. Mortgage: $/month
MLS Number 72342673
Looking for a MULTI-FAMILY HOME in a GREAT location? You’ll find it at 40 FLORENCE STREET. This MANSARD style TWO FAMILY is situated on a quiet side street in a burgeoning EAST SOMERVILLE neighborhood. FIRST-floor UNIT is EFFICIENT & PROFITABLE 4 room/ 1 bedroom apartment (currently used as 2 bedrooms). The SECOND-floor UNIT features TWO LEVELS and hosts up to 4 bedrooms. Currently, it is awaiting a new owner to bring it back to OPULENT CONDITION! With a DRIVEWAY, a detached GARAGE, a good size BACK YARD that fits an above ground pool and has a patio, this is a PROPERTY you WON'T WANT TO MISS!!! With a walk score of 86, the location is ultra-convenient as well as a COMMUTERS DREAM. East Somerville is home to some of Somerville’s coolest dining establishments and the property is near SULLIVAN STATION. This home is the SMART BUY!
Listed by Covelle & Cohen Greater Boston Real Estate Team of RE/MAX Leading Edge
Price$1,399,000
Est. Mortgage: $/month
MLS Number 72341177
Big newly renovated Multifamily offering hard to find amenities in an extremely desirable area! This property is located in the highly sought after West Somerville, Tufts, Davis, and Teele Square areas. The entire property has been meticulously developed to ensure buyer peace of mind, implementing a brand new stone/paved driveway, plumbing/pipes, central heating/cooling electrical, flooring, appliances, exterior paint, and more. No cut corners or expenses spared. Unit 1 features 3 Bedrooms (w/ Master Suite), 2 Full Bathrooms, Unit 2 features 4 Bedrooms (w/ Master Suite), 2 Full Bathrooms, and both have Open Kitchen / Living areas, Walk In closets, Stainless Steel Appliances, decks, ample off street parking, storage, separate utilities, and much much more. Great $/SQFT and rental income value! Walking distance to restaurants, universities, parks, and many other desirable local amenities. Easily commute to Boston, Cambridge,Waltham, Rte.2, and more. Open house 6/23 12-1 PM
Listed by Audai Cote and Bonita Bellal of North Corner Realty
Price$1,399,000
Est. Mortgage: $/month
MLS Number 72341178
Big newly renovated Multifamily offering hard to find amenities in an extremely desirable area! This property is located in the highly sought after West Somerville, Tufts, Davis, and Teele Square areas. The entire property has been meticulously developed to ensure buyer peace of mind, implementing a brand new stone/paved driveway, plumbing/pipes, central heating/cooling electrical, flooring, appliances, exterior paint, and more. No cut corners or expenses spared. Unit 1 features 3 Bedrooms (w/ Master Suite), 2 Full Bathrooms, Unit 2 features 4 Bedrooms (w/ Master Suite), 2 Full Bathrooms, and both have Open Kitchen / Living areas, Walk In closets, Stainless Steel Appliances, decks, ample off street parking, storage, separate utilities, and much much more. Great $/SQFT and rental income value! Walking distance to restaurants, universities, parks, and many other desirable local amenities. Easily commute to Boston, Cambridge,Waltham, Rte.2, and more. Open house 6/23 12-1 PM
Listed by Audai Cote and Bonita Bellal of North Corner Realty
Price$1,750,000
Est. Mortgage: $/month
MLS Number 72339245
WOW! GUT REHABBED, SPRINKLERED 3 FAMILY! PERFECT FOR INVESTORS OR OWNER OCCUPANTS! Incredible and rare 3 family in prime location featuring beautiful gleaming hardwood floors throughout, high end fixtures and trim, modern tiled baths and recessed lighting throughout. Many windows and abundant natural sunlight, central A/C and potential for parking. All New Plumbing and electrical, HVAC. Full basement, all utilities separate, tenants pay. Tandem parking for $200/month. Gross annual rent is $117,360 with room for upside potential. Short distance to Assembly Row, Cambridge, downtown Boston and major transportation routes. Projected rents for 9/1/2018 higher. See attached proforma. Condo docs attached it is currently 3 Condominiums but can be turned back in to a 3 family at closing upon request..
Listed by Nicholas Spagnola, Adam Garcia and Louis Rubino of Spagnola Real Estate & Consulting, Inc.
Price$3,999,000
MLS Number 72338870
Great Somerville location for rare development opportunity! 2 adjacent lots totaling 12,851 square feet in Kirkland Village close to Inman Square. 2 multi family homes currently on the lots. Neighborhood includes Whole Foods, Savenors,The Biscuit, and other great restaurants and shops in Inman Square. Easy walk to Harvard University, MIT, Cambridge Hospital and Harvard, Porter or Central T stops . Buyers to perform own due diligence prior to offer. Sold in as-is condition.
Listed by Shane Marrion of Benoit Real Estate Group,LLC
Price$3,750,000
Est. Mortgage: $/month
MLS Number 72338704
Great Somerville location for rare development opportunity! 2 adjacent lots totaling 12,851 square feet in Kirkland Village close to Inman Square. 2 multi family homes currently on the lots. Neighborhood includes Whole Foods, Savenors,The Biscuit, and other great restaurants and shops in Inman Square. Easy walk to Harvard University, MIT, Cambridge Hospital and Harvard, Porter or Central T stops . Buyers to perform own due diligence prior to offer. Sold in as-is condition.
Listed by Shane Marrion of Benoit Real Estate Group,LLC
Price$2,200,000
Est. Mortgage: $/month
MLS Number 72338459
Amazing Somerville location minutes to Harvard Square, Inman Square, Harvard University and MIT! Hard to find 18 room three family with front and rear porches, separate gas heat and utilities plus parking potential for up to 6+ cars! Many updates! High rental area and condo conversion potential make 70 Line Street a fantastic opportunity! 70 Line Street offers a unique Somerville experience with many shops, restaurants and taverns nearby. Easy access to Harvard Square, The Red Line & Boston! Take advantage of this special purchase and benefit from the increasing value of this highly sought after neighborhood on the Somerville/Cambridge Line! Check your map and see how close this is to Harvard Square!
Listed by Jeremy Nissenbaum of Nissenbaum, REALTORS?
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