Investment Properties for Sale in Somerville MA

Below you will find all Somerville, MA multi-family and commercial investment properties for sale. 

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18 Adams Street, Somerville, MA 02145
Open House

MLS Number 72398702

  • Multi-Family 2 Family
  • Next Open House: Sat 22nd 12:00 pm - 2:00 pm
  • Year Built 1900
  • Bedrooms 6

Totally renovated 2 family in sought after Winter HIll. Two stunning Philadelphia style units with hardwood floors, C/A, FP, open floor plans, high ceilings with cove lighting and 4 car parking. Both units have 3 bedrooms plus an office. Laundry hook-ups in units, private storage rooms plus large common storage area. Huge yard and unit 2 also has a huge private deck. All separate systems. Close to everything Somerville has to offer including the new Green Line extension. Great opportunity to live and earn $$.

Listed by Lesley Smith of Waterfield Sotheby's International Realty

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Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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24-26 Chandler, Somerville, MA 02144
Open House

MLS Number 72398966

  • Multi-Family Duplex
  • Next Open House: Sat 22nd 12:00 pm - 2:00 pm
  • Year Built 1920
  • Bedrooms 10

Rare opportunity to own a duplex right in the heart of Davis Square. This huge home with 15 rooms awaits a developer for possible condo conversion or an owner occupant to maximize its full potential. Each unit features hardwood or pine floors with some original detail and characteristics. Nice size back yard and spacious porches. Separate basements. Great close knit neighborhood with many meticulously restored homes on this tree lined street. Steps to all that's happening in the square. Please join us this weekend for our open houses Saturday and Sunday from 12:00 to 2:00. Any and all offers to be reviewed Tuesday @ 5:00 PM.

Listed by Susan Glazier and Jasmina Cesic of Danehy Realty Corp.

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Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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204-206 Washington Street, Somerville, MA 02143

MLS Number 72397337

  • Multi-Family 3 Family
  • Year Built 1900
  • Bedrooms 12

Great Union Square location! Chance to own 6 Unit building!( 2 attached 3 family's deeded separately.) All units have 2 bedrooms,den, living room and eat-in kitchens. Solid building !

Listed by John Buccelli and John Gearty of Berkshire Hathaway Home Services Verani Realty

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Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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61-R Prescott Street, Somerville, MA 02143
Open House

MLS Number 72397027

  • Multi-Family 2 Family
  • Next Open House: Sat 22nd 12:00 pm - 1:30 pm
  • Year Built 1870
  • Bedrooms 5

Ultra Lux New Construction with 4-5 PARKING in Coveted Union Sq!! 3 Bed 2.5 Bath Penthouse Duplex features Amazing Layout with expansive wall to wall open Kitchen/ Living/ Dining Space. Breathtaking Master bedroom Spans the entire 3rd floor with large walk in Closet, & ultra Modern En Suite bath With Sliding Barn Door. The quality of Craftsmanship is unparalleled with an extremely high end finish package rarely seen in the area Including: 4 inch white oak floors, Quartz Waterfall Countertops, Large Island W/ Breakfast bar, Bosch Stainless steel appliance w/ 36' Stove, Fridge, dishwasher, Sliding drawer microwave, 2 zone Wine Fridge/ Beverage Center, Navient on Demand hot water, W/d, Central air, Gas Fireplace wrapped in Calcutta Marble, Custom Closets throughout, Trex maintenance free decking, professional landscaping Excellent outdoor space with Three Decks!! Amazing Location on quiet tree lined st, Steps to Restaurant's Cafe's, Shopping, & incoming Greenline Station! 5 parking!

Listed by Gregory McCarthy of Riverfront Realtors

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Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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640 Mystic, Somerville, MA 02145

Price$2,499,900

Est. Mortgage: $/month

Open House

MLS Number 72396712

  • Multi-Family 3 Family - 3 Units Side by Side
  • Next Open House: Sat 22nd 11:30 am - 1:00 pm
  • Year Built 2018
  • Bedrooms 12

A package of three new construction luxury townhomes! A total of 18 rooms,,,each of these 3 amazing townhouses features three bedrooms, two and a half baths designed by an award winning architect. Exceptional quality and space rarely found. Ultra modern kitchens with quartz counters, bertazzoni prof quality six burner gas stove, and breakfast island. Incredible full huge master suites with extra high ceilings, every master bedroom has two custom master walk in closets, full master double basin bath and step out porch with water views. Wide plank hardwood floors. Phenomenal soundproofing. Smart home technology with ring internet accessible door bells (incl camera). Nest thermostats with internet accessibility. Incredibly energy efficient with lcd recessed lighting and ultra efficient heating & a/c systems. Large exclusive rear patio perfect for grilling. Under a mile to assembly row and walk to the orange line subway. Total monthly projected gross monthly rent $11,400/ annual $136,800

Listed by The Steve Bremis Team and Stephen Bremis of Bremis, James J. Inc.

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Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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130 Cross Street, Somerville, MA 02145

MLS Number 72396360

  • Commercial
  • Year Built 1920

Attention DEVELOPERS, FREE STANDING BRICK SOMERVILLE RETAIL STRIP. Will be delivered vacant. the Space consists of approximately 3500 sf. Great work space for professionals and artists! Prime location off major highway. Easy access to Washington Street and Rt-28 and downtown Boston.

Listed by Nicholas Spagnola of Spagnola Real Estate & Consulting, Inc.

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Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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21-23 Thorndike Street, Somerville, MA 02144

MLS Number 72395384

  • Multi-Family 5-9 Family
  • Year Built 1920
  • Bedrooms 16

Davis Square Location! Just two minutes from Red Line T stop! Don't miss this AMAZING and RARE opportunity for the Investor, Developer or future Owner-Occupant to own this spacious SIX Family property. Enjoy its Prime Location, right near the Davis Square "T", Bike Path, Shops, Theatre, Restaurants and all which this vibrant area has to offer you and your tenants! Situated on a large corner lot with 5 side-by-side parking spaces, each apartment offers a large Eat-In-Kitchen, Good size rooms, Separate utilities, Gas heat. Coin-Operated Washer and Dryer in the basement, All Units have Leases until August 31st, 2019.

Listed by Ng/Praysman Team, Helen Praysman and Patricia Ng of Century 21 Commonwealth

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Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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10 Oak Street, Somerville, MA 02143

Price$1,575,000

Est. Mortgage: $/month

MLS Number 72394397

  • Multi-Family 3 Family - 3 Units Side by Side
  • Year Built 1900
  • Bedrooms 7

Prime development opportunity. This two family has been zoned and fully approved for a third unit, making this an ideal build for a condo conversion. With approval to go up a floor and push back into the lot, 3 duplex units will encompass 4000+- square feet of living space. A townhouse style design will allow for each unit to have a separate direct access entrance, along with coveted parking space. Near the cambridge line and on a prime street with easy access to union square, the expected sellout for the 3 units is 3.1+ million. The first floor garden/parlor style unit will be a 1800+- square foot 3 bedroom 3 full bath with master suite. Unit two and three will be side by side duplexes on the second and third floor. These units will be comprised of open concept living spaces, with two bedrooms including master suite, and to finish it off large private decks. Additional floor plans, architectural plans and sellout figures can be provided upon request.

Listed by Ramsay Fretz and Bill Butler of Leading Edge Real Estate

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Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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43-45 Derby Street, Somerville, MA 02145

MLS Number 72394409

  • Multi-Family 3 Family
  • Year Built 1910
  • Bedrooms 10

WOW! GUT REHABBED, SPRINKLERED 3 FAMILY! PERFECT FOR BUY AND HOLD INVESTORS!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 over $125,000 with room for upside potential. Short distance to Assembly Row, Cambridge, downtown Boston and major transportation routes

Listed by Nicholas Spagnola, Adam Garcia and Louis Rubino of Spagnola Real Estate & Consulting, Inc.

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$/month over payments
Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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315 Washington Street, Somerville, MA 02143
Open House

MLS Number 72394426

  • Multi-Family 2 Family
  • Next Open House: Sun 23rd 1:30 pm - 2:30 pm
  • Year Built 1895
  • Bedrooms 9

This is a rare opportunity to own a huge 2-Family property between trendy Union Sq and Harvard Sq., with easy access to all points Cambridge and beyond. Newly expanded and renovated Lincoln Park is one short block away. This income producing house offers incredible potential for condo conversion, multi-generational living, or the opportunity to occupy one large unit and rent out the other. The 1st floor consists of 5 rooms and provides either a 2 or 3 bedroom layout; while the 2nd floor is a large, 2-story, 4 bedroom, 1.5 bath unit. Accessed by the back stairs, there are 2 extra, unused bedrooms that can easily be incorporated into the 2nd floor apartment. Hardwood floors throughout. Each unit has in-unit laundry included. This property also offers a large backyard and a 2 car driveway. Plus potential to add additional square footage by expanding into the basement with high ceilings.

Listed by David J Lilley of RE/MAX Destiny: Cambridge

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Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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52 Clarendon Avenue, Somerville, MA 02144
Open House

MLS Number 72398088

  • Multi-Family 3 Family
  • Next Open House: Sat 22nd 1:30 pm - 3:00 pm
  • Year Built 1900
  • Bedrooms 6

Meticulously renovated & maintained classic triple decker (5-5-5) in prime location. Exterior boasts newer front & back porches, custom paint over wood shingles & trim including dentil accent. All 3 apts. offer oak floors throughout, open flexible floor plan w/granite kitchens w/warm wood cabinets & island with access to rear porch overlooking spacious yard with SE light. 2 well-sized bedrooms w/ample closet space. Tiled bathrooms w/wainscoting details. Front porches with sunset views. Top floor unit offers skylit kitchen w/sliders to enclosed porch w/city views plus skylight in bathroom. Plenty of storage space in unfinished basement w/3 washer-dryer hook-ups.Updated separate gas systems & circuit breaker panels. Ideal location on Cambridge Line close to Teele & Davis Squares, Community Path, Tufts U & Mass Ave access to Arlington, Route 2 and Fresh Pond. Apt. #3 vacant & available for new owner or rent to your new tenant. A wonderful opportunity for a smart buyer!

Listed by Sara Rosenfeld of Coldwell Banker Residential Brokerage - Cambridge

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Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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155-157 Pearl Street, Somerville, MA 02145

Price$1,999,000

Est. Mortgage: $/month

MLS Number 72393422

  • Multi-Family 4 Family
  • Year Built 1940
  • Bedrooms 12

These two 2-Family buildings on a single lot are part of a larger package of five total parcels with 14 units and over $450,000 a year in gross rental income available for a package price of $6,699,000. All units are currently rented with agreements lasting to May and September 2019. Tenants are responsible for utilities. Please reference other listing with the following MLS numbers: 72393424, 72393425, 72393427, & 72393428

Listed by Focus Team and Randal Engelmann of Focus Real Estate

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$/month over payments
Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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23 Wisconsin Avenue, Somerville, MA 02145

Price$1,650,000

Est. Mortgage: $/month

MLS Number 72393424

  • Multi-Family 2 Family
  • Year Built 1910
  • Bedrooms 9

This 2-Family building is part of a larger package of five total parcels with 14 units and over $450,000 a year in gross rental income available for a package price of $6,699,000. All units are currently rented with agreements lasting to May and September 2019. Tenants are responsible for utilities. Please reference other listing with the following MLS numbers: 72393422, 72393425, 72393427, & 72393428

Listed by Focus Team and Randal Engelmann of Focus Real Estate

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$/month over payments
Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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14 Victoria Street, Somerville, MA 02144

MLS Number 72392693

  • Multi-Family 2 Family
  • Year Built 1900
  • Bedrooms 6

Fantastic family owned Philadelphia -Style Multi-Family. Large generational family residence that has been meticulously maintained and cared for by longtime residents. Tons of character and period detail with high ceilings, original woodwork/moldings and hardwood floors. Outstanding W Somerville location is just a short walk to Tufts U, Teele and Davis Squares. End of street access to the Alewife Brook Bikepath, MBTA and Routes 2 + 93. Ideal location for any commuter. Both units are spacious 3 beds with large kitchens, open living/dining rooms and good sized bathrooms. These units present very flexible floor plans and potential layout schemes and options for new owners. Good sized level yard with patio, large porch and mature landscaping. Long driveway for 3+cars. Located on quiet but convenient, tree lined one -way street, this home sits in one of the best neighborhoods in Somerville. Solid investment opportunity. Open houses on Saturday September 15th 1-3pm, Sunday Sept. 16th 12-2pm.

Listed by Sean Collins of Aspen Realty Group LLC

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$/month over payments
Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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70 Line Street, Somerville, MA 02143

Price$1,775,000

Est. Mortgage: $/month

MLS Number 72391519

  • Multi-Family 3 Family
  • Year Built 1900
  • Bedrooms 12

Owner says, “Sell”! 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! See you at the Open House!

Listed by Jeremy Nissenbaum of Nissenbaum, REALTORS«

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$/month over payments
Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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83 Alpine Street, Somerville, MA 02144

Price$1,150,000

Est. Mortgage: $/month

MLS Number 72387816

  • Multi-Family 2 Family
  • Year Built 1910
  • Bedrooms 4

ATTENTION CONTRACTORS / DEVELOPERS: Delivered vacant - This 2,268 square foot, two family home sits on a 5,608 square foot, level lot. Less than one mile to Davis Square via the bike path. Plenty of parking and plenty of opportunity. Showings by appointment, call listing agent.

Listed by Douglas McGregor and Douglas McGregor of CPG Advisory Services

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$/month over payments
Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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669 Somerville Avenue, Somerville, MA 02143

Price$4,500,000

Est. Mortgage: $/month

MLS Number 72381359

  • Multi-Family 5-9 Family
  • Year Built 1920
  • Bedrooms 14

**First time on the market** 9 unit building in Spring Hill. Very convenient location, only .4 miles to the Red Line in Porter Square, ~1 Mile to Harvard Square, ~1 Mile to Davis Square and ~1 Mile to Union Square & the proposed Green Line Extension. Surrounded by many local businesses, shops, restaurants and grocery stores. The building is made up of 7 residential units and 2 commercial units (1 tenant is occupying both units). The Somerville Ave side of the building is laid out as: first floor 2 commercial units(1 Commercial tenant using both sides. City issued C/O for 1 commercial space), #1L (1 bed), #2R (2 bed), #3L (renovated 1 bed), #4R (2 bed). The Ibbetson St side of the building is laid out as: #1(renovated 2 bed), #2 (3 bed), #3 (3 Bed). All tenants pay their own utilities, landlord pays water. Most of the building is rented under market rate. Huge potential for growth!!

Listed by Branch Out Residential Team, Albert S. Azatyants and Harrison Bohenko of Branch Out Realty

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$/month over payments
Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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11 Hawkins Street, Somerville, MA 02143

Price$1,200,000

Est. Mortgage: $/month

MLS Number 72389322

  • Multi-Family 3 Family - 3 Units Up/Down
  • Year Built 1890
  • Bedrooms 5

Well maintained 3 Family with 2 car garage in the heart of desirable Union Sq. Just 2 blocks away to the new Green Line extension stop. And across from the new Lincoln Park. Unions Sq. offers multicultural restaurants. Coffee shops, farmers market, dog parks, bus routes to all major squares and more...1st floor expands into a finished area at the rear garage and features modern Kitchen with granite counter tops and appliances. modern bath, H/W floors. 2nd floor features new bath, modern kitchen, 2 bedrooms, enclosed sun porch leading to a roof deck. 3rd floor all renovated with new kitchen, dishwasher, granite counter tops. Don`t miss this rare opportunity to buy in union Sq. before Green Line moves in. Super location for investors, developers or owner occupants. TO BE SOLD "AS IS" condition. Come in to check out this GREAT VALUE!!

Listed by Nick Kondilis of Bremis, James J. Inc.

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$/month over payments
Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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47 Oliver Street, Somerville, MA 02145

Price$899,000

Est. Mortgage: $/month

MLS Number 72375261

  • Multi-Family 2 Family
  • Year Built 1900
  • Bedrooms 5

Great opportunity for owner occupant or cash flow on this well maintained multi-family in Somerville's hottest convenient areas, just minutes to all main routes, Boston, Assembly row, universities, major hospitals, close to the public pool and parks. Fantastic apartments with hardwood floors, first unit is very charming, clean and newer appliances with an easy access to Coin op-laundry in the basement, second unit boasts granite counter top and stainless steel appliances, in unit laundry and a nice deck. Newly built large shed in the backyard for extra storage. Off street parking for 4+ vehicles. Property is in between the approved green line extension and the orange line. Don't miss out on this one!!

Listed by Debora Lopes of Pablo Maia Realty

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$/month over payments
Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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28-28A Sterling Street, Somerville, MA 02144

MLS Number 72370900

  • Multi-Family 2 Family - 2 Units Up/Down
  • Year Built 1920
  • Bedrooms 4

$5000 BACK TOWARDS CLOSING COSTS ON AN ACCEPTED OFFER BY 09/20/18. Don't miss this multi-family 100% move-in ready! This 2-unit dwelling with 2-CAR GARAGE and 6 spots tandem parking offers a great opportunity to owner-occupants and investors alike. Recent updates includes painting interior & exterior; bathrooms on both units renovated; both kitchens brand-new appliances, new granite countertops, new tile; second floor has 2 levels, 3rd level that can be used as office or 3rd bedroom. Enjoy the large backyard or one of the front & back porches. Walking distance to supermarket, park, pool and walking trails. Blocks away from Teele Sq and Tufts University. This is a great opportunity to purchase a turn key property in highly desirable Somerville! Easy to show!

Listed by Josilaine Lawrence of First Option Properties Inc.

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$
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$/month over payments
Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.