Investment Properties for Sale in Somerville MA

MLS Number 72598128

• Multi-Family 5+ Family - 5+ Units Up/Down
• Year Built 1900
• Bedrooms 10

Attention developers and investors...this large 4 unit home (4331 sq/ft) features a variety of styles of apartments (1 - 4 bed, 3 -2 bed units, and 1 studio space), large decks,a huge 2 car garage and tons of driveway parking. This is a prime East Somerville location with many conveniences such as easy driving access in and out of Boston, just a few blocks from the Sullivan Sq "T" stop and the proposed new Green Line "T" Stop and Union Sq or Assembly Sq. Enjoy the conveniences of great local restaurants, and the tons of shopping and eateries in nearby Assembly Sq. This house has tons of upside potential...being sold "AS IS". All units in the property are vacant.

Listed by Peter Cote and John Barmon of Coldwell Banker Residential Brokerage - Cambridge

MLS Number 72594642

• Multi-Family 4 Family - 4 Units Up/Down
• Year Built 1900
• Bedrooms 5

Fantastic 4-Family well-maintained and thoughtfully updated Winter Hill location. Rare opportunity for owner-occupants or investors. Unit 1, on the 1st fl, has LR, DR, kitchen (updated 2012), 2 bdrms, full bath. Second fl has 2 units: Unit 2 is a 1-bdrm w/kitchen (updated 2013), LR, full bath, and access to private front deck; Unit 3 is a 2-room, 1 bath studio apartment, w/kitchen updated in 2012 and access to rear porch. Unit 4 comprises entire third floor, w/4 rooms total. Flexible layout w/open-concept kitchen/dining area, 1-2 bedrooms, and full bath. Driveway to right of house. Front and back yards. Many updates include new gas line to building and kitchens (2003), new roof (2007), and upgraded electric service to building w/separate panels for each unit (2009). Walkable area near Magoun and Ball Sqs., bike path, buses, shops, and restaurants. Minutes to Porter and Davis Sq Red Line subway stops, CT2 bus to Kendall Sq. Easy access to Rts 93, 95, 2, 90, 16, 38, 28, and Logan

Listed by Sharon Kelley Ryan of Coldwell Banker Residential Brokerage - Milton - Adams St.

MLS Number 72596370

• Multi-Family 2 Family - 2 Units Side by Side
• Year Built 1920
• Bedrooms 8

Relish in this well taken care of two-family home, that offers significant rental income potential. Each unit has 3 floors, 4 bedrooms, 2 full baths and their own driveway both sharing a wonderful large open yard. It is set in a nice, friendly, clean neighborhood, surrounded by culture. In less than 10 minutes away you can access Porter Square, The Harvard Museum of Natural History, Veterans Memorial Rink, the Lincoln Dog Park, and the Red Line T Station to take you to Boston. This area is a walker and biker's paradise! It is close to Everything that makes Somerville a Great Place to Live.

Listed by Jack Lister and Joanne Vanstry of Berkshire Hathaway HomeServices Verani Realty

MLS Number 72590201

• Commercial 5+ Residential
• Lease
• Year Built 1890

This is a Multi-used building for Retail Space, Office Space and Apartment Living. It was designed in the Colonial Revival Style by E.L. Clark. There is a total of 5,114 square feet of land between the Apartment Living, Retail and Office Space with an additional 1,584 square feet of land for parking. It is located in a Prime spot with Assembly Row, Encore Boston Harbor Resort & Casino, the Orange Line, Bunker Hill and Cambridge Colleges all of which are less than a 30 min walk away. Don't miss out on this Great Opportunity. Investors are highly recommended.There is 5 residential units,multiple offices and a store front.

Listed by John Gearty and John Buccelli of Berkshire Hathaway HomeServices Verani Realty

MLS Number 72584743

• Multi-Family 3 Family
• Year Built 1930
• Bedrooms 4

Attention developers and builders - your next project is here! Current 3 family house in great location has rare approval for an additional two units (total of 5 units). Both special permit and condo conversion permits already in hand. Approval includes 5900 square feet of living space and 5 off-street parking spaces (including 2 garage spots). All units are 2 bed, 2 bath. Located in Teele Square within easy walking distance to Davis Square, Red Line T station, and all the eateries and shops in Davis and Teele Squares. Convenient access to Route 2 and Route 93.

Listed by Shane Marrion of Benoit Real Estate Group,LLC

MLS Number 72581470

• Commercial
• Year Built 1950

Rare opportunity to own an office condo with great street visibility in a prime location adjacent to Porter Square. This modern office offers an open layout, kitchenette, 2 baths, finished basement space and four parking spots, which includes two garage parking spots. Enjoy easy access to the Red Line & Commuter Rail in Porter Square along with the shops, services & restaurants found there and in nearby Union Square, Davis Square & Harvard Square. Allowed uses are office, medical or professional uses as permitted by the City of Somerville.

Listed by Julian Lewis of ABG Realty

MLS Number 72578422

• Multi-Family 5+ Family - 5+ Units Up/Down
• Year Built 1900
• Bedrooms 11

17-19 & 19R Aldersey Street features 9 apartments amongst two separate unique buildings with an additional garage and ample surface parking. This irreplaceable asset is located steps from the heart of Union Square, which will be home to a new MBTA Green Line station, the Union Square redevelopment and Boynton Yards. 17-19 & 19R Aldersey Street presents investors with high quality real estate in a transformative market with significant value add potential.

Listed by Jason Weissman and Kevin Benzinger of Boston Realty Advisors

MLS Number 72577671

• Multi-Family 4 Family
• Year Built 1910
• Bedrooms 6

Welcome to 55 Hall Ave! It is not everyday that a great condition 4-family comes on the market on one of the nicest tree lined streets in Somerville! Equipped with 6 bedrooms, 4 bathrooms, over 3,200 square feet, off street parking, and a lot sized of over 4,000 square feet with plenty of tandem parking and an oversized garage! Each units boasts beautiful hardwood floors, nice sized kitchens, and plenty of natural sunlight. Opportunities abound - for cash flow, conversion to a grand single family, or future condos. Perfect for owner occupant amazing street and location in heart of Davis Sq, live in the oversized 2 bedroom and collect rents from the other 3 apartments, that's right 3 rental units to help pay your mortgage, converted to a legal 4 family this is the perfect opportunity to live in Davis Sq at a fraction of the cost!!! A 94 Walk Score - steps to all of Davis Square's fine restaurants, bars and shops, Red Line Train Station and Tufts University.

Listed by Alex Genovese and Hans Nagrath of Flow Realty, Inc.

MLS Number 72576481

• Multi-Family 2 Family - 2 Units Up/Down
• Year Built 1900
• Bedrooms 5

Attention Contractors or Handyman.... Steps to public transportation. Huge 2 family home approx. 3400 sq ft. of living area and would make a great condo conversion. 1st floor has 6 rooms, 2 bedrooms and full bath. Beautiful hardwood floors and high ceilings. 2nd and 3rd floor has been gutted to the studs and framed. . Rough-ins for electrical and plumbing are done. Semi-finished basement. Roof was done about 2 yrs ago, and front porch was recently complete. Gas heat and new windows. 2 off-street parking and fenced in yard. This property will NOT qualify for financing FHA, VA or Conventional financing. Cash or Rehab loans only. Property is near schools, park, shopping and public transportation. All information to be verified by buyer/buyer agent. Seller/agents makes no warranties or representations. 2nd and 3rd floor to be seen on 1st showing only. NO EXCEPTIONS.

Listed by Maureen Schlegel of Century 21 Advance Realty

MLS Number 72575638

• Commercial
• Year Built 1900

RARE OPPORTUNITY: Exceptionally popular famous Louie's ice-cream and 3-unit building package in one of the hottest spots in Somerville! CASH COW BUSINESS INCLUDING EQUIPMENT & REAL ESTATE...the ONLY neon sign and grandfathered take out windows (5) in the entire city! Louie's ice-cream is a landmark, the neighborhood icon, with two cute picnic table during & outside area in the summer. It's well known for fruit slush and yummy ice-cream. Deli table, functioning kitchen, ice cream fridges, fruit slush machine, large walking fridges, etc. Ice-cream equipment to stay. Zoned f/24 seating. Three large apartments: Living/Dining/3BR/1bth/Eat-in Kitchens & Pantry. Rent is low ($2100) TAW... all units are rented to same tenants for many years.1st/2nd floors need some TLC...3rd floor in good shape. ALL UNITS: hardwood flooring, gas cooking, spacious layout. High visibility location, walk to Assembly Row Mall & 1 block from Rt. 93, bus stop to Sullivan Sq Orange Line!

Listed by Lilia Gouarian of Steve Bremis Realty Group

MLS Number 72575688

• Multi-Family 4 Family
• Year Built 1900
• Bedrooms 9

RARE OPPORTUNITY. Oh the long lines of summer...Exceptionally popular famous Louie's ice-cream and 3-unit building package in one of the hottest spots in Somerville. CASH COW BUSINESS INCLUDING EQUIPMENT & REAL ESTATE...the ONLY neon sign & grandfathered take out windows (5) in the entire city! 3 large apartments: living/dining/3BR/1Bth in each. Eat in kitchens & pantry. Rent is low ($2100) TAW... all units are rented to same tenants for many years.1st/2nd floors need some TLC...3rd floor in good shape. ALL UNITS: h/wood flooring, gas cooking, spacious layout. Louie's is a landmark, the neighborhood icon, with two cute picnic table during and outside area in the summer. It's well known for fruit slush and yummy ice-cream. Deli table, functioning kitchen, ice cream fridges, fruit slush machine, large walking fridges, etc. Ice-cream equipment to stay. Zoned f/24 seating. High visibility location, walk to Assembly Row Mall & 1 block from Rt. 93, bus stop to Sullivan Sq Orange Line!

Listed by Lilia Gouarian of Steve Bremis Realty Group

MLS Number 72574355

• Multi-Family 5-9 Family
• Year Built 1900
• Bedrooms 9

Large 6-family in the Red Hot Winter Hill neighborhood of Somerville -- a stone's throw from the new Casino, Assembly Row, Union Square and the incoming Green Line extension! The time is right to adopt this cash cow for your own! Developers, take note, the adjacent 4-family property located at 54 Bonair St. is also for sale by the same owners. They prefer to sell as a package for a total of 10 units! Even at below market rents, this building brings in $126k / year. Crunch your numbers and let's make a deal! $$$

Listed by CG Properties Team and Carey Gatto of Keller Williams Realty

MLS Number 72574356

• Multi-Family 4 Family - 4 Units Up/Down
• Year Built 1890
• Bedrooms 7

Own your piece of red-hot Somerville! Offered with the adjacent property - 52 Bonair - for a total of 10 units, or individually. Bring your best offer! Great location close to I93, Assembly Row, Union Square and the incoming Green Line! Easy access to Cambridge, Boston, and the new Casino! Rents are below market. Hold these highly lucrative properties for long-term passive income or tap into the development potential!

Listed by CG Properties Team and Carey Gatto of Keller Williams Realty

MLS Number 72573314

• Multi-Family 2 Family
• Year Built 1905
• Bedrooms 5

73 Bonair Street is a 2-unit multifamily building located in the Winter Hill neighborhood of Somerville, MA. The property offers investors the opportunity to purchase a high-quality piece of real estate with value-add potential in the burgeoning Somerville market. The property is a mere 0.2 miles from the future location of the Gilman Square Green Line stop, which will be operational in late-2021. It is also conveniently located nearby Assembly Row, one of New England's premier retail centers, The Encore Casino, and I-93. 32 Radcliffe Road is also an opportunity for owner-occupants who are attracted to the idea of lessening their mortgage expense by renting out a auxiliary unit.

Listed by Jason Weissman and Andrew Neal of Boston Realty Advisors

MLS Number 72573354

• Multi-Family 2 Family
• Year Built 1890
• Bedrooms 4

$24,000 price reduction ! Great opportunity for developer or contractor ! House is in need of total rehab !! Close proximity to Sullivan Station, Assembly Row & Cambridge . House is vacant easy to show ! Home has been in the family occupied for over 50 years. Great rental property !

Listed by AnneTorcivia of RE/MAX Trinity

MLS Number 72573315

• Multi-Family 2 Family
• Year Built 1905
• Bedrooms 4

7 Jaques Street is a 2-unit multifamily building located in the Winter Hill neighborhood of Somerville, MA. The property offers investors the opportunity to purchase a high-quality piece of real estate with value-add potential in the burgeoning Somerville market. The property is a mere 0.2 miles from the future location of the Gilman Square Green Line stop, which will be operational in late-2021. It is also conveniently located nearby Assembly Row, one of New England's premier retail centers, The Encore Casino, and I-93. 32 Radcliffe Road is also an opportunity for owner-occupants who are attracted to the idea of lessening their mortgage expense by renting out a auxiliary unit.

Listed by Jason Weissman of Boston Realty Advisors

MLS Number 72573313

• Multi-Family 2 Family
• Year Built 1905
• Bedrooms 7

32 Radcliffe Road is a 2-unit multifamily building located in the Winter Hill neighborhood of Somerville, MA. The property offers investors the opportunity to purchase a high-quality piece of real estate with value-add potential in the burgeoning Somerville market. The property is a mere 0.2 miles from the future location of the Gilman Square Green Line stop, which will be operational in late-2021. It is also conveniently located nearby Assembly Row, one of New England's premier retail centers, The Encore Casino, and I-93. 32 Radcliffe Road is also an opportunity for owner-occupants who are attracted to the idea of lessening their mortgage expense by renting out a auxiliary unit.

Listed by Jason Weissman of Boston Realty Advisors

MLS Number 72560769

• Multi-Family 3 Family
• Year Built 1920
• Bedrooms 9

Amazing 3 Family Home, has a beautiful unique staircase leading to the units. Units 2&3 are equipped with washer/dryer.Unit 1 has hookups for washer and dryer, 3 bedrooms, 1 bath, a balcony and a personal storage unit in the basement. Two of the units have been recently renovated with beautiful hardwood floors and new appliances. This property has everything from food to entertainment within 5 miles, there is even a hospital around the corner. It is a great location don't miss out on this opportunity!!

Listed by John Buccelli of Berkshire Hathaway HomeServices Verani Realty