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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4 Bedford Street Somerville MA 02143

Price$969,000

Est. Mortgage: $/month

MLS Number 72551319

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

Cash flowing investment property located on the Somerville/Cambridge line, near to Union Square and Inman Square. This 2-family property has over 2,100 sq ft of living space over 3 levels. The first floor unit is a 2 bed and 1 bath. The upper unit is duplex and has been redone with hardwood flooring, updated kitchen with granite countertops and stainless steel appliances and outdoor space on each level. Value to be unlocked by adding a third bedroom to the upper unit. The upper unit could easily be made into a 3 bedroom unit. The property offers 2 off-street parking spaces, laundry and storage in the basement. Weekday showings by appointment. Underlying zoning favorable for redevelopment.

Listed by Brian Gallagher of Senne Commercial

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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12 Lincoln Street Somerville MA 02145

Price$1,149,900

Est. Mortgage: $/month

MLS Number 72551023

  • Multi-Family 2 Family
  • Year Built 1915
  • Bedrooms 6

Listed by Manuel Afonso of Ribeiro - Desousa Associate

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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10-12 Richardson Terrace Somerville MA 02145

MLS Number 72550609

  • Multi-Family 2 Family - 2 Units Up/Down
  • Year Built 1900
  • Bedrooms 4

Great Winter Hill 2 Family near Everything, Shopping Malls, Schools and Transportation. This house features newer Roof, newer Siding and Windows. separate Utilities with two forced hot water systems fueled by natural gas. Driveway for two cars and an extra space in front of the House. Updated Electric and bathrooms.

Listed by Wisland Georges of Georges Realty Services, LLC

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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 Cutter Avenue Somerville MA 02144

Price$1,650,000

Est. Mortgage: $/month

Open House

MLS Number 72550339

  • Multi-Family 3 Family
  • Next Open House: Sun 18th 1:00 pm - 2:30 pm
  • Year Built 1900
  • Bedrooms 6

Fantastic opportunity to invest in Davis Square. This three-family home offers a great location, key updates, and strong rental history. Each unit consists of 4 rooms, an updated full bathroom, renovated eat-in-kitchens and refinished wood floors throughout. Unit 1 and 2 have in-unit laundry. Units 2 and 3 have new kitchen cabinets and granite countertops. All units have newer upgraded appliances.The current owners have redone the electrical, adding a common area panel, had the yard professionally landscaped, added a retaining wall and sprinkler system. There's even coin-op laundry in the basement used exclusively by the 3rd floor. Renting at $2800+ (unit1), $2950+ (unit2) and $2600+ (unit 3) per month, and all with leases through 8/31/20, there's $8350/month in income with low monthly expenses. Walkscore of 95, Bikescore of 96, the Davis Sq Redline T station around the corner plus all the restaurants and shops Davis Square has to offer.

Listed by Susan Condrick of Gibson Sotheby's International Realty

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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41 Bailey Road Somerville MA 02145
Open House

MLS Number 72547858

  • Multi-Family 2 Family
  • Next Open House: Sun 18th 1:30 pm - 3:00 pm
  • Year Built 1931
  • Bedrooms 5

41 Bailey Road is located right at the foot of 10 Hills, a quiet and close-knit enclave of the booming urban landscape that is Somerville. Imagine living in a neighborhood right down the street from the bucolic Mystic River Reservation, but also near convenient hot spots like Assembly Row, Wellington Station, the Encore Casino, not to mention easy access to Boston. The house itself is an oversized 2 family featuring a 5 room/ 2 bedroom unit and a 9 room/3 plus bedroom/2 bathroom unit. Both units feature hardwood floors and enclosed back porches. There is a nice backyard and driveway parking. This move-in ready home is in great shape and will be delivered vacant.

Listed by Mike Cohen of Compass

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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 Ashland Street Somerville MA 02144

Price$935,000

Est. Mortgage: $/month

MLS Number 72546743

  • Multi-Family 2 Family - 2 Units Up/Down
  • Year Built 1900
  • Bedrooms 4

Charming 2 family located moments away from bustling Porter Square with shopping and the Red Line T station. Situated on a peaceful street behind the Kennedy Elementary School. This 2 family has room to expand into the attic and to encompass the porches as well. Stained glass window in the common area, fenced-in yard and a driveway with tandem parking. The first-floor unit has a living room, eat-in kitchen with dishwasher, two bedrooms, 1 bath, sunroom and Pergo flooring throughout. Second unit has a living room, eat-in kitchen, two bedrooms, 1 bath, attic and carpeting throughout. This property offers historic charm and option to put your own touches on it.

Listed by Salvatore Brett Sillari of Century 21 Avon

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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20 Highland Somerville MA 02143

MLS Number 72546681

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

This large lot corner property located in the desirable Prospect Hill Area; steps away from the new Green-line extension was a 2 family Property completely Gut Rehab. in 2008. Owned by two family members in agreement to sell both units at the same time or as separate units. See MLS ID: 72543846 for details unit #1. Unit 2 will be on the market Sept. !st. Unit 2: is stunning two level Condominium featuring an open floor plan living/dining room, kitchen with an island / maple cabinets, granite countertop, glass backsplash tile, stainless steel appliances, gleaming hardwood floors; 2 or 3 bedrooms, 2 full bathrooms, 2 zone-central air conditioning, in-unit laundry. UNIT 1: this great spacious well maintained 1st floor unit. Offers all hardwood floors. 2 bedrooms, 2 full bath. Open concept living / kitchen area. Plenty of closet space with extra storage space in the basement. Central AC, Laundry in the lower level. Full clean basement with High Ceilings.

Listed by Grace Romano of Advise Realty

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$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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244 Powder House Boulevard Somerville MA 02144
Open House

MLS Number 72546600

  • Multi-Family 2 Family - 2 Units Up/Down
  • Next Open House: Sun 18th 11:00 am - 12:00 pm
  • Year Built 1910
  • Bedrooms 5

Investors, contractors and developers this is the opportunity for you! The property is fully tenanted with 0% vacancy and zero default in rent payments. Unit 244 is TAW while the lower unit has a lease through August of 2020. You cannot beat the location, close to Tufts University, within short distance to Stop & Shop Grocery store, Teele Square, Powder House Square and Hillside for local eateries and only 1 mile from the Davis Square Red Line stop! Hardwood floors can be found throughout, yard space in front and rear, decks front and rear, storage space in both the basement and the outdoor shed and much desired off-street parking for 3 cars. 2009 and 2014 HWH. Burnham boilers on the younger side. 60 amp breakers. Room for further improvements to keep as a rental income property, owner-occupied investment or condo conversation!

Listed by Sylvia Sarkisyan of Ebb & Flow Realty Co.

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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48-50 Whitfield Road Somerville MA 02144

Price$1,199,900

Est. Mortgage: $/month

MLS Number 72545602

  • Multi-Family 2 Family
  • Year Built 1920
  • Bedrooms 4

PRISTINE 2 Family, VIRTUALLY ON TUFTS CAMPUS and...with Condo Removal Permits in hand. Family owned and taken care of for decades...this entire property is in fantastic condition and original natural woodwork throughout! Many multi families on this street are already owned by TUFTS UNIVERSITY. Under THREE QUARTERS OF A MILE TO DAVIS SQUARE. QUARTER OF A MILE TO NEW GREENLINE STOP. Delivered vacant. Includes off street parking and GARAGE PARKING.

Listed by The Steve Bremis Team and Stephen Bremis of Steve Bremis Realty Group

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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

MLS Number 72545646

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

Beautiful 3335 Sqft East Somerville Two-family. Located off Broadway moments from Sullivan Sq MBTA & Assembly Row. Units are over 1500 sq feet townhouse style units with updated fixtures, kitchens and baths along with laundry in-unit. High ceilings, Gleaming hardwood floors, updated heating systems, windows and roof. Unit #1 is a 4 Bedroom / 1 Bath Duplex Leased until 8/31/2020 for 3600.00 Unit #2 is a 5 bedroom / 1 Bathroom townhouse leased for $4000 until 8/31/2020.

Listed by Jerome Bibuld, Arthur Deych and Adam Kotkin of Red Tree Real Estate

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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 Holland Street Somerville MA 02144
Open House

MLS Number 72542004

  • Multi-Family 2 Family - 2 Units Up/Down
  • Next Open House: Sun 18th 12:00 pm - 1:00 pm
  • Year Built 1906
  • Bedrooms 3

Ideally located in the Central Business District of Davis Square, just steps from public transportation, shops, and multiple dining establishments. First floor is currently an owner-occupied salon. Second and third floor is a 3-bedroom, 1-bath apartment. The building is to be delivered vacant and is being offered for sale “as is.” It is the sole responsibility of the buyer to perform their own due diligence. The seller is not obligated to accept any offer regardless of price, terms or other conditions.

Listed by The Goodrich Team and Ethan Goodrich of Compass

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$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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10/12 Melville Road Somerville MA 02145

Price$989,000

Est. Mortgage: $/month

MLS Number 72533815

  • Multi-Family 2 Family - 2 Units Up/Down
  • Year Built 1920
  • Bedrooms 5

Incredible opportunity to own in Ten Hills. Located .5 miles from 93, steps away from Assembly Row and the Mystic River. First floor unit has 2 bedrooms and 1 bathroom, the second floor apartment has 3 bedrooms and 1 bathroom. Pantries for extra storage off of both kitchens and washer/dryer hookups are located in the units. Location of this property is amazing. within walking distance you have shopping and restaurants at Assembly Row, great walking/biking right on the Mystic River, Sullivan Square and Wellington.....the benefits go on and on. Current rents are well below market value for this area, tenants are month to month as this property is a perfect owner occupy.

Listed by Daniel Fales of 1-stop Property Shop Inc.

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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2 Westwood Road Somerville MA 02143

MLS Number 72533323

  • Multi-Family 2 Family
  • Year Built 1898
  • Bedrooms 8

Fabulous, oversized Victorian 2 family (originally built as a single,) c.1898 on Somerville's nicest street on popular Spring Hill. High ceilings, bay windows, stained glass windows, oak woodwork, dining room f/p with leaded glass cabinets, 5 fireplaces, 7-8 bedrooms, cathedral ceilinged third floor "billiard room", oversized windows, coffered ceilings, gracious foyer with stained glass and built n window seats, eat in kitchen with sliders to deck, brick patios, and huge perennial garden . Separate one bedroom apartment with fireplace on side of house. This neighborhood is filled with similar well preserved Historic single family's with Somerville Museum directly across the street. Super convenient to bus lines to Kendall Sq and Davis squares and Red Line.

Listed by Gary Vrotsos Team and Gary S. Vrotsos of Coldwell Banker Residential Brokerage - Cambridge

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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599 Somerville Avenue Somerville MA 02143

MLS Number 72533385

  • Commercial
  • Lease
  • Year Built 1900

La Ronga Bakery which is 20,588 SQUARE FEET, yes you read that right, is selling the bakery where they ran an extremely successful business for 50 years! The asking price is $7 million. Come with a vision to make it your own, it can be used for a brewery, dispensary, restaurant, pharmaceutical company, office space or whatever your heart desires. It is currently zoned for four stories if someone wanted to turn it into 25 plus condos with grandfathered in parking. The option for parking in the back can add even more spaces. The street frontage is perfect for any booming business. Please come by today!

Listed by Timothy Naber and Leigh Gilmore of Gilmore Murphy Realty LLC

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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97 Woods Avenue Somerville MA 02144

Price$829,000

Est. Mortgage: $/month

MLS Number 72532388

  • Multi-Family 2 Family
  • Year Built 1920
  • Bedrooms 4

You have to see this well-maintained 2-family in person to appreciate the pride of ownership and character throughout! With side-by-side (non-tandem) parking, a fenced-in yard, generous rooms and closets, gorgeous hardwood floors and original woodwork, this property offers potential for condo conversion, owner-occupancy or investment. Prime West Somerville location close to Davis Square, Tufts, Rte. 16, I-93, and in a quiet neighborhood! Stained glass window, built-in hutches, and other original details have been lovingly preserved to make this home unique. Unit 2 features a bonus room with potential for a 3rd bedroom. 2008 gas heating systems. In the same family for 80+ years, it is now ready for its new owner and updates! Terrific opportunity with great bones and superb location!

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

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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476-478 Medford Street Somerville MA 02145

Price$1,495,000

Est. Mortgage: $/month

MLS Number 72532037

  • Multi-Family 3 Family
  • Year Built 1920
  • Bedrooms 6

A wonderful investment opportunity awaits in this mixed use income property consisting of a 3 family house and a commercial storefront on one lot. Improvements include siding, roof & windows. Well maintained. The 3F has 3 units each with 2 bedroom 1 bath layouts with a driveway separating the house from the commercial storefront which is currently in use as a hair salon. The property is located near the new proposed green line extension just outside of Magoun Square. Convenient to restaurants, stores and transportation. Available for a small window of time. Leases expire this season on 8/31 in the 3 fam and on 8/31/2021 for the commercial space. Fully tenant occupied and pet friendly. Check open house schedule for showings. Please submit all offers using the following Dotloop link: https://www.dotloop.com/my/loop/p/2krdyQnH6Cu?v=7dXSl

Listed by The iBremis Team, Irene Bremis and Matthew Peabody of LAER Realty Partners / iBremis Realty

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$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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29 Washington Street Somerville MA 02143

Price$4,500,000

Est. Mortgage: $/month

MLS Number 72530336

  • Multi-Family 5+ Family - 5+ Units Up/Down
  • Year Built 1987
  • Bedrooms 99

29 Washington Street is development opportunity located in Somerville, Massachusetts. The property consists of 13,943 SF of land and a 3,923 SF structure that is currently being used as a car wash. The property sits in the MR-3 district in the new Somerville zoning code, which allows for three (3) stories of residential, commercial, or hospitality development. 29 Washington Street is located conveniently between the Sullivan Square Orange Line stop and the East Somerville Green Line Extension stop.

Listed by Andrew Neal of Boston Realty Advisors

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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36 Fenwick Street Somerville MA 02145
Open House

MLS Number 72529339

  • Multi-Family 2 Family - 2 Units Up/Down
  • Next Open House: Sun 18th 2:00 pm - 3:30 pm
  • Year Built 1900
  • Bedrooms 6

Luxurious rare find 2 Fam Home both w/ 3BR,3BA that flows into 2 levels of living space. This completely gutted renovated buildng offers high coffer ceilings, recessed lighting, chair rail, gleaming hardwd flrs. Each main level feat. open concept LR, DR, 2BR & 2 full BA along w/ direct access to a back deck ajointing to the beautiful backyard. The expansive chef's kitchen has stunning U shaped quartz countertops, SS appliances & ample cabinet space. Lower flr for U:1 feat an office, fam room & the 3rd BR along w/ full BA. The 2nd flr for U:2 feat a lovely ensuite master w/ Jacuzzi tub. There is also a Fam Rm w/ an acces to the oversized deck has exceptional City views. ln unit laundry. New driveway, storage shed & new paved patio. New roof, siding, electical, plumering, heating & cooling sys. & so much more. Near Assembly Row has to offer, Route I-93 and public transportation. Owning a worry free high qualitied condo condition building at $456/sqf make sense for savy investors.

Listed by Yanling Zeng of RE/MAX Destiny

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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220 Summer Street Somerville MA 02143
Open House

MLS Number 72526927

  • Multi-Family 3 Family - 3 Units Up/Down
  • Next Open House: Sun 18th 1:00 pm - 2:00 pm
  • Year Built 1886
  • Bedrooms 6

Spring Hill 3 family home. Easy walk to Davis, Porter and Union Squares for public transit, shops, and restaurants. 220 Summer is also adjacent to the Morse-Kelley playground. High ceilings (1st & 2nd floors & unfinished bsmt), older kitchens and baths, off street parking - 2 cars tandem style. This sunny bldg. offers many possibilities for owner occupants, investors, contractors, or developers. Unit 1 - 2 bdrms, living room, dining room, 1 bath, kitchen w/ pantry, spacious back hallway, 9 ft ceilings Unit 2 - 2 bdrms, 1 bath, living and dining rooms, high ceilings, older but well maintained kitchen with pantry and 1 bath. The screened back porch in Unit 2 offers a tranquil oasis. Unit 3 - 2 bdrms, living room, older kitchen and bath. Tomato garden in the backyard. Roof 2013, Windows and Vinyl siding 1996. Excellent walk, transit and bikes scores!!! Rental bikes just added on Craigie.

Listed by Judith Conley of Avenue 3 Real Estate, LLC

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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 Dana Street Somerville MA 02145

Price$1,299,999

Est. Mortgage: $/month

MLS Number 72525061

  • Multi-Family 2 Family
  • Year Built 1915
  • Bedrooms 7

Price drop! Location, location, location. Potential 3 family conversion. In desirable neighborhood. Well maintained 2-family home located less than a mile from assembly row, fenced in backyard along with a double wide 5 car gated driveway. Also, 3 fully tiled showers, original hardwood flooring, vinyl windows, stainless steel appliances, granite and much more. Kids playground on the st. Less than 1 mile to 93 north & south 3 miles to downtown boston/back bay. The new green line extension stop, the orange line subway( assembly row / sullivan square ), red line subway ( davis square) and tufts university less than a mile away. The newly opened encore casino also only a few miles away. Updated electrical work, and fully rebuilt chimney in 2018. Wide 1 way st very slow traffic,street parking always available. Each unit with own washer&dryer. Down the road are baseball fields, soccer field, tennis courts, and basketball court all located in foss park( 2020 turf makeover ). 10 year old roof.

Listed by Robert Palmisano of Properties Unlimited

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$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* 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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