Investment Properties for Sale in Somerville MA

MLS Number 73022144

• MultiFamily
• Bedrooms 7
• Bathroom 3
• Square Feet 4,655

Duplex style two family located on the Cambridge/Somerville line in Davis Square. Potential for 7 bedrooms 2 full, 1 half bath. Eat in Kitchens, good size living rooms. This duplex in excellent condition offers 2 levels of living per unit. Huge rooms, high ceilings, Hardwood floors, beautiful woodwork on windows, walls and door frames, along with two fireplaces in each unit. Gorgeous white marble decorative fireplace and a wood mantle fireplace.( Can be converted to working fireplaces). Both units have room for expansion on the second floor( Bedroom & Bath Can be added). All separate utilities, large dry basement great for storage.This location is second to none steps to Mass Ave, Cambridge, DAVIS Sq, red line, Bus station, 2 play grounds, pre- schools, shops, restaurants and entertainment. Updates include newer gas furnace, electric, water heaters. appliances, foundation, rubber roof( flat part) porches, chimney, stairs and basement all in excellent condition.

Listed by Jamie Venezia of Center Square Realty

MLS Number 73022116

• MultiFamily
• Bedrooms 7
• Bathroom 3
• Square Feet 3,653
• Parking Spaces 4

Don't miss this opportunity for this spacious Philadelphia style two family home with plenty of charm with it's original woodwork and detail. This home has been Owner occupied and meticulously maintained for 30 years. First floor rental unit has two bedrooms, an amazing fireplace living room dining room and 2 large bedrooms, hardwood floors, high ceilings eat in kitchen with full pantry. There is plenty of run for expansion on this unit as the basement offers high ceilings and a full bath. The owner's unit spans two levels unit boasts 5 bedrooms 2 baths update with updated kitchen, hardwood floors living room full dining room and abundance of natural light. . Private outdoor space with with tranquil waterfall perfect for enjoying summer nights. New driveway installed this year, AC/heating systems updated fairly recently . Conveniently located to shopping, restaurants and all major routes.

Listed by Sorn Richardson and Rosanne Antonellis of Metrowest Realty Source

MLS Number 73020926

• MultiFamily
• Bedrooms 5
• Bathroom 2
• Square Feet 2,644
• Parking Spaces 12

Great opportunity to purchase this rare two-family home in the West Somerville/Tufts area of Somerville with Garages and ample parking! Located right off North St/Alewife brook parkway, and close proximity to Davis Sq. Tufts University, Cambridge, and the city of Boston. The first-floor unit has two large bedrooms, one full bathroom, a kitchen, and separate living, and dining rooms with hardwood floors. The second floor has a very similar layout, the attic is partially finished for an extra bonus room. Separate washer/dryer hookups for each apartment in the basement. The property consists of two large driveways, one with a 3x car garage and one with a 2x car garage, both have spacious paved driveways for ample parking. Tons of potential with this property, especially with the garages/parking, perfect for any owner occupant or an investor looking to add to their portfolio. Showings are held during posted open house times only, DO NOT walk the property, and DO NOT disturb tenants.

Listed by Cameron Moniz of Coldwell Banker Realty - Winchester

MLS Number 73020868

• MultiFamily
• Bedrooms 7
• Bathroom 3
• Square Feet 3,855
• Parking Spaces 6

Rare opportunity to bundle two properties creating tremendous income potential. Well maintained by one family for 97 years, this Triple-decker style, multifamily is ready for new owner looking for investment property or condo conversion project. Ideally located 10 min walk from Green Line, Sullivan Sq. T-stop, Union SQ, easy access to McGrath Hwy, and I-95 N&S. The home consists of three units and a large unfinished basement. Each unit is generously sized at 1285 sqft. Each unit has a 3-season porch, and the 3rd floor porch has views of Boston's Skyline. In addition to the decker (16,18,20 Alston), the lot at 10 Alston will be sold with the house. Currently there is a two-bay garage on lot which can be used as parking and storage while work is being performed on multi-family. Buyer must perform all due diligence. House will be delivered vacant. Seller makes no representations. House is sold as is. Sale is subject to seller securing suitable housing. Info on 10 Alston see MLS # 73020871

Listed by Kelly Duggan of Kelly Duggan Real Estate,LLC

MLS Number 73019764

• MultiFamily
• Bedrooms 16
• Bathroom 8
• Square Feet 6,812
• Property SubType 5-9 Family

1-3 Beacon Street is a rare opportunity to acquire an iconic investment property in the heart of Inman Square generating $26,600 per month in rental income. The property is comprised of (2) ground-floor commercial tenants and (4) four-bedroom/2 bath apartments. Trina's Starlight Lounge and Parlor sports are two of the most popular businesses in the neighborhood and have been tenants since 2009. The apartments underwent full gut-rehabs with condo quality finishes which were completed in the Spring of 2022 and tenanted for the first time. This is a blue-chip asset in every sense of the word and a perfect safe-haven against inflation and the volatile stock market.

Listed by Tony Pepdjonovic of Marcus & Millichap Real Estate Investment Services

MLS Number 73019372

• MultiFamily
• Bedrooms 8
• Bathroom 3
• Square Feet 5,316

Incredible value priced to sell in A+ Somerville location with easy access to the new Green Line station. Rarely available mixed-use building with both strong retail AND spacious residential units in this PRIME corner location near Magoun Square and the Green Line extension. Great corner visibility and signage. Both ground-level retail spaces are leased through 2026. Above, find two full-floor 4+ bedroom apartments with living room, eat-in kitchen, pantry and a large home office/potential bedroom. These residential units offer beautiful detail, hardwood flooring and an ideal layout. The new Gilman Square Green Line station will offer easy access to Boston, or stay in town and visit some of Somerville's best restaurants, shopping and more. Priced for immediate sale with over $100,000 of gross income in place with the potential for future rent increases on both the retail AND residential units.

Listed by Todd Glaskin and Gregg M. Leppo of Coldwell Banker Realty - Newton

MLS Number 73019370

• CommercialSale
• Square Feet 5,316
• Acreage 0.06
• Zoning RB

Ideal investment priced for immediate sale. Rarely available mixed-use retail/residential building in a PRIME ultra-desirable Somerville location near Magoun Square and the new Green Line extension. Great corner visibility and signage. Both ground-level retail spaces are leased through 2026. Above, find two oversized full-floor 4+ bedroom apartments with living room, eat-in kitchen, pantry and a large home office/potential bedroom. These residential units offer beautiful detail, hardwood flooring and an ideal layout waiting for a new buyer's decorative touches/updates. The new Gilman Square Green Line station will offer easy access to Boston, or stay in town and visit some of Somerville's best restaurants, shopping and more. Priced for immediate sale with over $100,000 of gross income in place with the potential for future long-term rent increases on both the retail AND residential units.

Listed by Todd Glaskin and Gregg M. Leppo of Coldwell Banker Realty - Newton

MLS Number 73018196

• MultiFamily
• Bedrooms 5
• Bathroom 3
• Square Feet 2,594
• Parking Spaces 1

GREAT LOCATION, just ten-minute walk to Sullivan Train station (Orange line).Five-minute drive to Assembly Row and Bunker Hill Community College. This Victorian-style property features roomy bedrooms with hardwood floors, living room with fireplace, and private balcony. Bring your personal touch and update this spacious house to your liking.

Listed by Rogelio Zuniga of United Brokers

MLS Number 73017932

• MultiFamily
• Bedrooms 4
• Bathroom 2
• Square Feet 2,704
• Parking Spaces 3

Centrally located with plentiful original details, this special property has been owner-occupied for nearly 50 years and is now ready for its next chapter. Just 0.3mi to the Somerville Community Path and the Lowell Street Green Line station, and under 1mi to Porter and Davis Squares and Harvard’s campus, this solid property features cedar shingle siding, a slate roof, and vinyl windows throughout. A legal 2-family with separate electric and systems, the house would convert beautifully to a single family. Terrific light exposures and good original ceiling heights throughout (some concealed by dropped ceilings). Original fir and oak flooring. Original paneled doors and millwork with bullseye detail. There is a 3-car driveway and backyard that enjoys its share of sun and shade, and an unfinished basement with interior and exterior access. This is one of the good ones!

Listed by The Team - Real Estate Advisors and Robin Kelly of Coldwell Banker Realty - Cambridge

MLS Number 73017889

• CommercialSale
• Neighborhood Powderhouse
• Square Feet 13,000
• Acreage 0.25
• Zoning UR

Not available since 1947, this property represents an extraordinarily rare opportunity to acquire a generational asset located in a transit oriented location of Somerville’s bustling Highland Avenue corridor. Comprised of a mix of floorplans and additional basement space totaling 18,750 +/- GSF, the property is sited on ¼ acre and provides garage and open space parking options. Located ½ mile from Davis, Porter and Ball Squares. MBTA Red Line stations at Porter and Davis are 10 minutes by foot. Located 1 mile from Harvard University. An excellent value-add opportunity for investors in an extremely competitive market who may also benefit from future redevelopment of the site.

Listed by Team Mariano Smith, Arcangelo Mariano and Bryan Morrell of Mariano Smith & Co.

MLS Number 73017870

• MultiFamily
• Bedrooms 31
• Bathroom 14
• Square Feet 13,000
• Parking Spaces 14

Not available since 1947, this property represents an extraordinarily rare opportunity to acquire a generational asset located in a transit oriented location of Somerville’s bustling Highland Avenue corridor. Comprised of a mix of floorplans and additional basement space totaling 18,750 +/- GSF, the property is sited on ¼ acre and provides garage and open space parking options. Located ½ mile from Davis, Porter and Ball Squares. MBTA Red Line stations at Porter and Davis are 10 minutes by foot. Located 1 mile from Harvard University. An excellent value-add opportunity for investors in an extremely competitive market who may also benefit from future redevelopment of the site.

Listed by Team Mariano Smith, Arcangelo Mariano and Bryan Morrell of Mariano Smith & Co.

MLS Number 73017646

• MultiFamily
• Bedrooms 7
• Bathroom 3
• Square Feet 3,001
• Parking Spaces 4

[Virtual Tour available] Great opportunity for investors and 1031 exchange! Huge two-unit Philadelphia style multifamily in great condition in soaring East Somerville. First unit has two floors; three bedrooms and one full bathroom, a foyer, living room, dining room and eat-in kitchen. Second unit has two floors as well; four bedrooms and two full bathroom. a living room, dining room and eat-in kitchen. All kitchen and bathrooms renovated in the past few years. All hardwood floors. Two gas furnaces and hot water tanks. Finished basement has plenty of room for storage or expansion. Coin-operated laundry in basement. Enclosed front and back porch. Two garage parking and two off-street parking available. Lots of potential for expandable floor plan and rent increase.

Listed by Christie Xie of Nuage Real Estate Group

MLS Number 73015712

• MultiFamily
• Bedrooms 5
• Bathroom 2
• Square Feet 2,110
• Parking Spaces 3

Incredible opportunity for both “house hacking” owner occupants and investors alike! This spacious 2-family features an ideal location between Union, Porter, and Inman Squares, 3 off-street parking spots and in-unit washer/dryers. Other highlights of the home include: hardwood floors, additional basement storage space, separate utilities, updated kitchen in Unit 1, well organized heating/electric systems, and a yard w/patio. This home is just a short distance to 2-T stops (Red & Green Line), Harvard University & Perry Park, along with easy access to I-93 and numerous shopping, restaurant, and brewery options in Somerville/Cambridge. Estimated rent for both units is: $5,700-$6,000 with even further room for income growth through updates and rental appreciation! OPEN HOUSE: Sun 8/7 from 1100am-1200pm.

Listed by Christopher Mehr of Full Circle Realty LLC

MLS Number 73016182

• MultiFamily
• Bedrooms 8
• Bathroom 3
• Square Feet 4,305
• Property SubType Multi Family

19 Harvard Street is a Philadelphia-style multi-family property providing a move-in-ready canvas. Each unit delivers a private entrance, and both feature large living areas, dining rooms, and kitchens, as well as front and back private decks and shared backyard space. Unit 1 includes three bedrooms, two bathrooms, and basement storage with laundry and utility access. Unit1 can easily expand its footprint, gaining square footage by finishing the basement space as an additional living area. Unit 2 consists of one bedroom on the main level, a walk-up second floor that renders four additional bedrooms, a bathroom, and a laundry room. Harvard Street is a prime location within 1/2 mile of Harvard's campus, Union Sq, Porter Sq, and Inman Sq, which adds to the incredible appeal of this already desirable NINE bedroom TWO-FAMILY dwelling!

Listed by Erica Covelle of Compass

MLS Number 73015892

• MultiFamily
• Bedrooms 9
• Bathroom 3
• Square Feet 3,312
• Parking Spaces 5

Perfect opportunity for Investors & Developers to purchase a true triple-decker, three-family home in the winter hill neighborhood of Somerville. Three identical Renovated units consists of three bedrooms and one full bathroom. Front and back porches with each unit, spacious driveway for ample parking, one car garage and small shed for storage. Garage is not included in the leases. Coin-operated Laundry for the tenants. You can’t beat the location, easy access to I-93, Assembly Row, Orange-line T-stop access, and coming soon Gilman Sq! Minutes away from Charlestown, Cambridge, and city of Boston. Tons of potential with this property and a perfect investment to add to your portfolio! Sold in AS-IS condition, buyers, and buyer’s agents to perform their own due diligence. Do not walk on property & DO NOT disturb tenants.

Listed by Sue Radhey of The Great Boston Realty

MLS Number 73014820

• MultiFamily
• Bedrooms 6
• Bathroom 4
• Square Feet 2,598
• Parking Spaces 5

Great opportunity to own this two-family home in East Somerville as an investment or owner-occupied home. Central location with easy access to I93, public transportation, shops and businesses. The first-floor unit is currently configured with two bedrooms, living room and an ample eat in kitchen with lots of cabinets and pantry. Unit 2 comprises of two levels and has three to four bedrooms with a full bath, living room and a spacious eat in kitchen. Nice hardwood floors in most of the living areas, well proportioned rooms, basement has plenty of flex space or storage, and lots of off street parking. You won't want to miss this one!

Listed by Sara Hrono and Philip & Hrono Partners of Century 21 North East

MLS Number 73014740

• MultiFamily
• Bedrooms 5
• Bathroom 3
• Square Feet 3,353
• Parking Spaces 3

3 household located on one of Somerville's most desirable streets. This shingled residence overlooking Tufts features inlaid parquet floors, original moldings, high ceilings, sunny rooms, 2 ornamental mantles and plenty of storage. 2011 roof, full length 2012 porches on which to enjoy the beautifully landscaped Tufts Campus. The flexible layout offers the possibility for two or three, 2 bedroom units that command fantastic rents. Close proximity to Davis, Ball & Teele Sq. 3 min.bike ride. Getting around without a car is convenient & saves on gas. Leaving the car at home isn't a problem with a detached garage & a long driveway. Extra on-street parking since Tufts is your only neighbor. Searching for a spot during a snow emergency isn't difficult. All apartments currently occupied by awesome Residents, with TAW agreements!

Listed by Derek Greene of The Greene Realty Group

MLS Number 73012392

• CommercialSale
• Acreage 0.33
• Zoning NR

Great opportunity to purchase a property with lots of potential and an even better location. 166 Boston Ave offers the opportunity to develop the land to make it something more. It is a huge lot for the city, with a residential zone (NR). Near the Mystic River Path, a river side park, Whole Foods, West Medford Center, Tufts University and 93! The gas tanks were installed in 1996. They passed the most recent environmental test in February.

Listed by Salvatore Brett Sillari of Senn�

MLS Number 73012148

• MultiFamily
• Bedrooms 6
• Bathroom 3
• Square Feet 2,580
• Parking Spaces 4

Perfect investment opportunity. 2 leases in place through 9/1/2023 with 1 unit vacant - good for owner occupant. Amazing location with easy access to all Assembly Row and close to Sullivan Orange Line T Stop. Tandem parking for 4 cars. Bonus 35X30 barn space in the back ready for your creative ideas. All units have private decks with unit 3 having a view of the City.

Listed by Pietro Coco of Ivy Realty Group