Investment Properties for Sale in Somerville MA

MLS Number 72936237

• Multi-Family 5-9 Family
• Total Parking Spaces 10
• Bedrooms 12
• Full Bath 10
• Year Built 2022

Attention developers, this is the one! Certificate of zoning compliance for 10 residential units has been issued and will be sold with building permit, all architectural and structural and MEP plans, and condo conversion docs in hand. Building has been gutted and garage demo permit in hand. Keep the building as rentals or convert to condos, whatever you desire! 10 parking spaces at-grade will be provided on site to enable four levels of living area in this spectacular house. Designed by premier architect Khalsa Design, this home has the modern buyer in mind. Units are as follows: 946sf/1bed/1bath, 801sf/1bed+study/1 bath, 630sf/1bed/1bath, 848sf/2 bed/1 bath, 791sf/2 bed/1 bath, 642sf/1 bed/1 bath, 647sf/1 bed/1 bath, 780sf/1 bed/1 bath, 501sf/1 bed/1 bath, 648sf/1 bed/1 bath. Includes two affordable units, or one affordable+ pmt to city if you want to build 9 units instead! New gas line has been run on site and temp electrical is installed. Shovel ready on day 1!

Listed by Garrett Einis of Green Line Property Group

MLS Number 72935539

• Multi-Family 2 Family
• Total Parking Spaces 6
• Full Bath 2
• Bedrooms 3
• Units 2

Legal 2 family is on the Somerville Cambridge border with the house being in Cambridge and the detached 2 car garage being in Somerville. This well kept two family could easily be converted to a single family, kept as a two fam or developed as two condos with plenty of off street parking for multiple vehicles plus an oversized 2 car detached garage . The first floor unt is a spacious 1 bedroom, 1 bath rented at $1,600/month on a tenant-at-will. The second floor is a lofted 1-2 bedroom with cathedral ceilings. All separate utilities plus separate common area meter, both units have fully applianced kitchens. Shown by private accompanied appointments. Also listed under separate MLS numbers in Somerville as a two family and Cambridge as a single family.

Listed by The Synergy Group and Paul Cirignano of Leading Edge Real Estate

MLS Number 72929487

• Multi-Family 2 Family
• Total Parking Spaces 6
• Full Bath 4
• Units 2
• Bedrooms 4

Rare opportunity to purchase this well maintained 2 family that has potential to convert into a single family. Offers off street parking for 6+ vehicles, accompanied by an outdoor patio area. 1st floor offers 3 bedrooms but could work as a 4 bedroom with an office room (basement) , full kitchen along with a dining room and 2 full baths. The 2nd floor offers 1 Bedroom, A full kitchen and 1 Full bath and a storage area/mudroom. Beautiful hardwood flooring throughout that has been recently re-done. Let's not forget about the finished basement equipped with its very own bathroom as well. Both units will be delivered vacant. Short distance to restaurants, shopping, and necessities. Easy access to the highway as well as the green line for easy commute. This home has had many updates proving that the owners have taken pride in ownership. Do not miss this turn-key ready multifamily!

Listed by Alexa Sanchez of eXp Realty

MLS Number 72926725

• Multi-Family 3 Family
• Total Parking Spaces 4
• Half Baths 1
• Bathroom 4
• Year Built 1890

Great location for self-living or investment! Large 3-level multi family home located within 8 minutes walking to the Sullivan Square T station. Easy access to Assembly Row, Rt 93, Stop & Shop, bus stop, and the Green Line Extension Project (GLX). GREAT OPPORTUNITY TO OWN/DEVELOP. Home vacant & awaiting its new proud owner. All 3 units have updated kitchens w/granite counter tops, updated baths, hardwood floors & separate utilities. Newer roof & windows. Gas Heat & hot water. Private driveway w/3+ car pkg. Full basement w/plenty of storage. Beautiful Glen Park recreation area & playground across the street, restaurants, supermarket, shops, bike paths, entertainment, parks & exciting Union Square. Quick access to MIT, Harvard, Cambridge, Boston & all major highways. Great Property for rental, residence (rental income from tenants pays your mortgage) or condo conversion ! Easy to Show

Listed by Simone Schettino of Century 21 North East

MLS Number 72926821

• Multi-Family 2 Family
• Total Parking Spaces 3
• Bathroom 3
• Year Built 1915
• Bedrooms 5

Welcome to East Somerville Heights on the Charlestown Border! Large Multi Family in Unbeatable Location & City Views. Convenience is key, this 3 story two-family very close: the Orange Line - Sullivan Station, Highways - I90 and 93, Assembly Square, Schrafft Building, Hood Park, Bunker Hill CC and the highly anticipated Green Line will have a stop near the property. Off Street Parking, Nicely paved driveway holds parking for 3 cars easily and the back has room to expand. Perfect for anyone looking for a property with lots of potential. Units do need some upgrades but are both currently in livable condition. All utilities are metered separately. Basement has high ceiling and was once used as a studio. There is a functional in-ground pool used annually and in good working. Back yard also features cool cabana with electricity and half bath. Beautiful city views from street and 3rd floor. This is the diamond you have been looking for..Easy to show, all units are vacant!

Listed by Simone Schettino of Century 21 North East

MLS Number 72922041

• Multi-Family 2 Family
• Total Parking Spaces 3
• Year Built 1935
• Bathroom 3
• Full Bath 3

Pristine 2 family in desirable West Somerville location just steps from Tufts University & Dilboy Field. Easy access to I-93, Rt-2, Davis Square, and Teele Square. Ultimately will be within walking distance to new Green Line stops by Tufts. Both units have been extensively renovated and designed for today's living styles. Lots of upgrades using the finest finishes and materials. With over 3200 sqft of space this home has 5/6 bedrooms with 3 full baths, open floor concept with gleaming hardwood floors, large living rooms, spacious dining rooms and huge new kitchens all perfect for entertaining and large families. Upper level includes a large master suite including sitting room, bathroom and large bedroom. All systems have been updated, exterior is vinyl sided for easy maintenance. There is dedicated laundry and extra storage in the basement for each unit as well as dedicated driveway parking for 3-4 cars. Don't miss this rare opportunity!

Listed by Michael Pierce of Pierce Properties Real Estate

MLS Number 72920016

• Multi-Family 5+ Family - 5+ Units Side by Side
• Total Parking Spaces 2
• Year Built 1900
• Bathroom 10
• Full Bath 10

The Property is comprised of (2) adjacent residential buildings and contains a total of (10) residential units. 52 Bonair contains (6) units consisting of (5), 2-Bedroom/1-Bathroom, and (1), 3-Bedroom/1-Bathroom unit in 5,372 sqft of living area in 7,108 sqft of gross area on a 0.06-acre parcel. 54 Bonair contains (4) units consisting of (2), 3-Bedroom/1-Bathroom, (1), 2-Bedroom/1-Bathroom units, and (1), studio unit in 3,565 sqft of living area. The opportunity exists to drive rental rates through programmatic upgrades and renovations to the units generating higher revenue. 52-54 Bonair St features separate utilities for each unit, with the Landlord only responsible for water & sewer and common area utilities. 54 Bonair St has gas fired, forced hot water heat and gas fired hot water. 52 Bonair St has gas and oil-fired heat and gas fired hot water. The Property offers off-street tandem driveway parking for tenants.

Listed by Dennis Kelleher and John Pentore of Horvath & Tremblay

MLS Number 72919900

• Commercial
• MLS Status Active
• Year Built 2017
• Square Feet 880

FOR SALE: Somerville street level retail -Office condominium including Dry Cleaning business between Davis and Porter Square in Somerville. This retail space is in pristine condition and part of a new mix use condominium built in 2017.The space consists of 880 sq ft., with a full basement and is located on a corner at a traffic light, which allows for great visibility. The seller is owner of the Dry cleaner. The business is very profitable due to the excellent location. Surrounded by many residential units and plenty of street parking for customers. This store has a vibrant client base, it is an immediate income generator. Great chance to invest and run your own business that has a solid and well-known history and even more potential for added income. Business and assets are included in the sale price. Walk score of 93. Please call for additional details

Listed by Ashley Morris, Linh Ton Nu and Albert Bouchie of Coldwell Banker Realty - Belmont

MLS Number 72911268

• Multi-Family 5-9 Family
• Total Parking Spaces 24
• Year Built 2023
• Bathroom 42
• Bedrooms 42

Amazing opportunity to acquire land in highly desirable Somerville location with by-right ability to build a 28-unit project. New owner responsible for acquiring permit from city. Immersed within a highly walkable, dynamic, Mid-Somerville hot spot, this will be the epitome of urban living. By right, 8 Studios, 6 One Bedrooms, and 14 Two Bedrooms are allowed. This is in addition 12 Underground Parking Spaces, 36 Bike Spaces, and a Roof Deck. Situated right on the ever-popular Minuteman Man Bike Path, this location provides immediate access to all points Somerville, Cambridge, and Boston via the Davis Sq MBTA Red Line station and the soon to be completed Magoun Sq Green Line station. One look on the map will show you just how close Harvard and MIT really are, as well as Life Science centers Kendall Sq and Union Sq. In addition, the Minuteman Bike Bath is due to be extended to directly reach Boston over the next few months.

Listed by David Lilley of RE/MAX Destiny

MLS Number 72910792

• Commercial 5+ Residential
• Total Parking Spaces 12
• MLS Status Active
• Year Built 1926
• Acreage 0.23

Amazing opportunity to acquire land in highly desirable Somerville location with by-right ability to build a 28-unit project. New owner responsible for acquiring permit from the city. Immersed within a highly walkable, dynamic, Mid-Somerville hot spot, this will be the epitome of urban living. By right, 8 Studios, 6 One Bedrooms, and 14 Two Bedrooms are allowed. This is in addition 12 Underground Parking Spaces, 36 Bike Spaces, and a Roof Deck. Situated right on the ever-popular Minuteman Man Bike Path, this location provides immediate access to all points Somerville, Cambridge, and Boston via the Davis Sq MBTA Red Line station and the soon to be completed Magoun Sq Green Line station. One look on the map will show you just how close Harvard and MIT really are, as well as Life Science centers Kendall Sq and Union Sq. In addition, the Minuteman Bike Bath is due to be extended to directly reach Boston over the next few months.

Listed by David Lilley of RE/MAX Destiny

MLS Number 72877761

• Multi-Family 2 Family
• Year Built 1900
• Bathroom 3
• Full Bath 2
• Half Baths 1

2 Family House/Duplex - Davis Sq, Somerville/Cambridge Line. Currently rented as a 3 and 4 bedroom rental. Potential for possible 3 unit condo conversion for the right person. Two blocks to left is Davis Sq/two right to Mass Ave, Cambridge. Each unit has 2 floors; huge rooms; white marble and wooden fire places; Gorgeous woodwork-(Beacon Hill Life style); hardwood floors; Many renovations inside and outside; newer appliances, water heaters, gas heating, etc. Davis Sq, Mass Ave offer walking distance, great restaurants, clothing retailers, super markets, farmers markets, bowling, festivals, and many other fun events. Convenient location for social or business network. Much development has happened in this area such as new commercial office buildings, condo conversion, super market, etc. Much development is plan such as 4 to 5 story commercial office building a living space at: 393 Highland Ave; Dover St. and others. ***Important! See Remarks Section**

Listed by Adam Cai of Cali Realty Group,Inc.

MLS Number 72856301

• Multi-Family 2 Family
• Total Parking Spaces 4
• Year Built 1900
• Bathroom 3
• Full Bath 2

Location, Location!!! Move-In Ready - 2 family home on a quiet, 1 way St; 7 minutes to Assembly Row, 16 minutes to Newbury St, 12 Minutes to Davis Sq, 18 minutes to Harvard Sq - centrally located with easy access to Rt 93. Residential Neighborhood excellent for walking with family, cat or dog. Home is within walking distance to Early Childhood Center, East Somerville Community School. First Unit has 2 bedrooms, 1 bathroom. Second Unit has 3 bedrooms, 1 bathroom, and bonus room for office or nursery. Basement with bathroom. Private driveway that can fit up to 5 cars. Cozy back yard to entertain with friends and guests. Second unit has a balcony. Currently leased for $5,300.00. Calculate your Mortgage for a Positive Cash Flow. This house is a legal two family building or could be used for the extended family that needs many rooms and bathrooms. Showings per COVID-19 protocol.

Listed by Ruben Nieves of The 7th Millenium Real Estate Co.

MLS Number 72836712

• Commercial
• MLS Status Active
• Year Built 2021
• Acreage 0.09
• Square Feet 842

Retail/Office/Commercial space available in Union Square! With street front access, exclusive patio area, 2 levels of space, and great ceiling height - this space is ready to make it your own! This presents a unique opportunity to join Somerville's premiere shopping and entertainment venues. A short walk to the new Green Line Extension and all major routes.

Listed by Hudson Santana and Santana Properties Team of Keller Williams Realty Cambridge