Investment Properties for Sale in Somerville MA

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

MLS Number 72551023

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

Listed by Manuel Afonso of Ribeiro - Desousa Associate

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

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

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

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.

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

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

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

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

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