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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79 Puritan Road, Somerville, MA 02145

Price$911,624

Est. Mortgage: $/month

MLS Number 72423980

  • Multi-Family 2 Family - 2 Units Up/Down
  • Year Built 1927
  • Bedrooms 4

A classic two-family in the delightful Ten Hills neighborhood, this well-maintained property has plenty of potential. With a sunroom commanding westward views towards the rest of Somerville, each unit enjoys abundant light and air, yet is cozy, with a fireplace, spacious kitchen, bathroom, and two private well-proportioned bedrooms in the rear. The upstairs unit has an unfinished walk-up attic with expansion potential. Two gas-fired boilers and laundry equipment are in the clean, well-lit basement; there's tandem parking for two just off the glassed-in porches. The grassy back yard has a large storage shed. Just across the street is Grimmons Park and playground, while at the bottom of Puritan Road are the green shores of the Mystic River, with canoe and kayak rental facilities at Blessing of the Bay Park. In the opposite direction: the shops, entertainment, and restaurants of vibrant Assembly Row. A great place to call home, rent, or possibly convert to condominiums.

Listed by Bigelow/Irving of Compass

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Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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65-67 Garrison Avenue, Somerville, MA 02144

Price$1,620,000

Est. Mortgage: $/month

MLS Number 72423859

  • Multi-Family 2 Family - 2 Units Up/Down
  • Year Built 1930
  • Bedrooms 6

Huge newly renovated 2 unit/ 4 floor home with spacious open floor plans in a highly sought after area of Somerville. Located on the Somerville Cambridge line, this home is walking distance to Davis Square and Mass Ave, Cambridge, with tons of other area amenities. Both units are 3 BD/ 2 BA ( w/ large master suites), featuring open living concepts and high end finishes. Both units are tastefully designed for owner occupancy or tenants. Exterior features include front and rear porches, front and side green area, as well a fully paved driveway and parking lot. Listed at $367/Sqft(!!!), this is an opportunity to own a newly renovated home in one of the most desirable areas of the city,. Priced to sell!

Listed by Audai Cote of North Corner Realty

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Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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59 Franklin Street, Somerville, MA 02144

Price$1,867,000

Est. Mortgage: $/month

MLS Number 72422663

  • Multi-Family 3 Family
  • Year Built 1890
  • Bedrooms 6

Tucked into the neighborhood of East Somerville, this fully renovated multifamily home leaves nothing to be desired. The lower living level offers four bedrooms with ample closet space each with fully dug down window wells so you get ample natural light. Situated between Union Square, Assembly Square and Sullivan Square, this home offers close proximity to a wide variety of shops, restaurants as well as accessibility to public transit, and major highways making this home ideal for any lifestyle! ***One deeded parking space available for purchase

Listed by M&K Luxury Sales and Andrea McDonough of Coldwell Banker Residential Brokerage - Boston - Back Bay

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Federal 30-year interest rate: 4.94% last updated on Nov 15, 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 Preston Road, Somerville, MA 02143

Price$1,479,000

Est. Mortgage: $/month

MLS Number 72421284

  • Multi-Family 3 Family
  • Year Built 1900
  • Bedrooms 7

DEVELOPMENT OPPORTUNITY!! Permit & Plan APPROVED ON HAND!!! You can start the renovations the day after you close. Addition and conversion from 2-family to 3-family. >>1st & ground floor combine for 3 bedrooms and 2.5 baths - 2,246 living sqft. >> 2nd floor is comprised of 2 beds & 2 baths for - 1,128 living sqft. >>3rd floor consists of 2 beds & 2 baths - 1,095 living sqft. Private driveway and detached garage provide ample room for off-street parking. SPRINKLER, STRUCTURAL, SITE, & CONSTRUCTION PLANS in-hand and approved by the city of Somerville. PLANS ATTACHED!! At 650 per/Sqft sell out would be over 2,700,000.00.

Listed by Albert Silva of Invest Realty Group

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Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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382 Mcgrath Highway, Somerville, MA 02143

MLS Number 72419146

  • Multi-Family 5-9 Family
  • Year Built 1890
  • Bedrooms 8

Union Square location.Multi use building consisting of two store front units,and 4 residential units.Newer separate heating systems in residential units. Hardwood floors,newer plumbing, rubber roof, enclosed front porches and rear porches,BB Zoning-Great opportunity to run your business and have an additional 4 residential units for added income.All apartments are 4 rooms-living room, dining room, eat-in-kitchen, bedroom and a full bathroom. Floor plan allows to easily make each a 2 bedroom apartment.Walk to Prospect Hill Park and Union Square.

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

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Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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132 Heath Street, Somerville, MA 02145

MLS Number 72419109

  • Multi-Family 3 Family - 3 Units Up/Down
  • Year Built 1880
  • Bedrooms 6

Great investment opportunity! Fully gut renovated 3 family in sought after Winter Hill location. Each unit has been beautifully renovated and consists of an open floor plan, 2 bedrooms, a master with en suite bath, and an additional full bath. The top floor has exclusive use to a roof deck approved by the City of Somerville. These contemporary units have private outdoor space; 2 large decks and a large private backyard. There are 3-4 off street parking spaces and plenty of storage in the basement. Use as rental property or live in one unit and collect rents on the others. Conveniently located on a quiet street off Broadway, this location is close to Assembly Row, Magoun Sq. , restaurants, shops and highway access to Rt.93 and McGrath Highway.

Listed by Colleen Sleeper of Senne Residential

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Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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8 Sycamore Street, Somerville, MA 02143

Price$2,149,900

Est. Mortgage: $/month

MLS Number 72419450

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

Grand 14 Room Victorian Estate on Spring Hill with over 4,300 sq ft of living area...oversized lot with 7,770 sq ft of land. Zone Residence C with development potential... Property is currently vacant. Oversized rooms, extra wide hallways, original wood trims, two oversized fireplaces, twin front two level bays...Carriage House. Much of basement is above grade for expansion. Property is in total need of repair but has a ton of potential, either as is or as a development. Seller will wait for developer approval within reason.

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

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$/month over payments
Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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46 Boston Avenue, Somerville, MA 02144

MLS Number 72417729

  • Multi-Family 2 Family
  • Year Built 1900
  • Bedrooms 7

This fully renovated multi-family leaves little to be desired. Located on a quiet tree lined street just outside of the bustling Davis Square and moments from the community bike bath. The units are flooded with natural sunlight from 3 different exposures. Each property offers an open kitchen living area with large breakfast bars that overlook the sleek and modern kitchens. The bedrooms are all over sized with recessed lighting throughout as well as multiple en-suite baths. Enjoy entertaining guests on the large private decks adjacent to the living spaces. This home provides convenient access to public transportation, restaurants and city conveniences along Highland Ave and major highways, making it perfect for any lifestyle. The drive fits (2) off street in tandem and (1) car in the detached garage.

Listed by M&K Luxury Sales and Andrea McDonough of Coldwell Banker Residential Brokerage - Boston - Back Bay

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$/month over payments
Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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155/153 Beacon Street, Somerville, MA 02143

Price$2,400,000

Est. Mortgage: $/month

MLS Number 72416199

  • Multi-Family 4 Family
  • Year Built 1912
  • Bedrooms 13

Fantastic Investment properties! 2 separate buildings on the same lot. 4 units total with 6 plus parking spots and small yard. 155/153 Beacon. Steps to Harvard University. Rents are approximate. Property is being sold "AS IS".

Listed by Michael J. Blumsack and Ciaran Foley of Berkshire Hathaway HomeServices Commonwealth Real Estate

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$/month over payments
Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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6 Hamilton Road, Somerville, MA 02144

Price$2,150,000

Est. Mortgage: $/month

MLS Number 72415742

  • Multi-Family 2 Family
  • Year Built 2018
  • Bedrooms 6

Unbelievable and incomparable opportunity to own a brand new luxury two family in coveted Teele Square. Owner occupy with rental income or investment opportunity with superior cash flow and long term value. Somerville is one of the most vibrant markets in the Boston area. Davis Square, Tufts University, Porter Square, Boston are all within reach. Easy commuter location with access to all major routes. Yet set back on a leafy street - you can have it all. Savvy condo quality units, expertly designed with well thought out layouts. Two 3 bedroom residences with the highest end finishes including Jenn Air stainless steel appliances, artisan quartz counters, Pella windows, energy efficient 2 zone HVAC, exterior mahogany railings, private composite porches, James Hardie siding, recessed lighting, gleaming wood floors, gas fireplaces, custom and designer carpentry. This is an exclusive opportunity for buyers looking for a sophisticated building with timeless elegance, luxury, and charm.

Listed by Chuck Silverston Team, Chuck Silverston and Kaitlin Perrelly of Unlimited Sotheby's International Realty

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$/month over payments
Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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17 Cambria Street, Somerville, MA 02143

Price$1,195,000

Est. Mortgage: $/month

MLS Number 72415808

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

Situated on a quiet and leafy side street in the Spring Hill neighborhood is this nicely updated 2-family home, offering exceptional sunlight and the perfect blend of past charm and 21st Century amenities! An excellent opportunity for an Owner-occupant or Investor, this home boasts many recent improvements, including fresh paint throughout, new front and rear porches, repaired/replaced slate roof, foundation re-pointing, fence and landscaping. The 1st floor unit offers high ceilings, hardwood floors, eat-in-kitchen, living room, 1 large bedroom & 2 smaller rooms. The bi-level 2nd unit offers a flexible, open floor plan, kitchen with brand new, stainless steel appliances, renovated bathroom, wood floors and 3 bedrooms. Perfectly located with great convenience to public transportation and the many restaurants and shopping venues at Porter, Union, Harvard, and Davis Squares! Turn Key!!

Listed by Joanna Kirylo of Griffin Properties

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Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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181 Washington, Somerville, MA 02143

MLS Number 72415136

  • Commercial
  • Year Built 2015

The property is located minutes from the Green Line extension currently under construction.. With over 100 feet of frontage, your business will receive unparalleled visibility. This location brings plenty of value in and around the Washington Street area in Somerville. Located next to many other retail locations providing great foot and vehicle traffic. Nu Kitchen has just opened next door. Highest and best uses for the property include: day care, coffee shop, restaurant, pharmacy, convenience store, grocery store, package liquor, book store, salon, sporting goods, jewelry store, ATM bank, financial institution, quick service restaurant, dry cleaner, laundromat, travel agency, apparel, specialty store, pet supply, massage therapy, architect, law office, real estate agency, dentist, doctor's office, etc.

Listed by Julian Lewis of ABG Realty

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$/month over payments
Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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34 Oxford Street, Somerville, MA 02143

MLS Number 72415133

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

Rare opportunity to own a Philadelphia style 2 Family home in desirable and centrally located Spring Hill. Both units vacant and ready for Condo conversion, income property, or multi generational living. Period details include Dentil Moldings, Leaded Glass Windows & Original Stained Glass, Victorian Brackets, Built-in Hutches, southern yellow fir Floors, 9' Ceilings, and Front & Back Porches in the Tree-Tops. Boston Skyline Views! This spacious 1st fl is a Philadelphia style 5 Room 2-Bed, and the upstairs duplex unit features 3 massive bedrooms on the top floor. Plus potential to expand into the basement with high ceilings. Just mins to trendy Union Sq., Porter Sq., or Davis Sq. Easy access to public transportation to Boston This property also offers a 2 car garage with electric service, a double-wide driveway big enough for 6 cars, and a large private lot surrounded by tall trees. Feels like you're in the country. Offers will be presented as they are submitted. Not holding offers!

Listed by David Lilley of RE/MAX Destiny

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$/month over payments
Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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40 Evergreen Avenue, Somerville, MA 02145

Price$2,050,000

Est. Mortgage: $/month

MLS Number 72415442

  • Multi-Family 2 Family
  • Year Built 1900
  • Bedrooms 8

STUNNING RENOVATED VICTORIAN HOME. Original staircase welcomes you to this tri-level home with gracious open concept living/dining area with bay windows. The open chef's granite kitchen features large center island, and an eating area along the bay windows. Main level has windowed half bathroom, and skylighted jack-and-jill bathroom separating two bedrooms with skylights and cathedral ceilings. The master bedroom suite upstairs is a quiet retreat with ceiling fan, two closets (one walk-in), and en-suite marble spa bathroom with double vanity sink, soaking tub, and glass enclosed shower stall. Downstairs features the family room or additional bedroom with built in bench, washer/dryer, full bathroom, and private storage / workshop room. Outside enjoy the private wrap-around deck, large landscaped side yard with gazebo, and 2 off street parking spaces. Close to Gilman Square stop Green Line Extension, public transportation, Assembly Square, and Downtown Boston.

Listed by Vincent C. Lee of Supreme Property Solutions

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$/month over payments
Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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337 Somerville Avenue, Somerville, MA 02143

MLS Number 72415139

  • Commercial
  • Year Built 1920

6,100 SF Restaurant Opportunity In Union Square This presents as a unique opportunity to join Somerville's premiere shopping and entertainment destination. Recently approved Bow Market neighbors in the rear and connects via outdoor courtyard to Somerville's most desirable restaurant opportunity. The space boasts high ceilings, an open floor plan and abundance of outdoor seating both on Somerville Ave and in Bow Market's courtyard. Bow Market is a newly conceived and recently approved urban marketplace that will combine the region's finest curators, purveyors, artists, and other makers in a unique setting. A re-purposed warehouse will house individual vendor stalls connected by a courtyard, which will host a multitude of events throughout the year. Subject restaurant space will act as an anchor to the marketplace and serves as a strong connection from the Somerville Ave corridor into Bow Market's courtyard

Listed by Julian Lewis of ABG Realty

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$/month over payments
Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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91 Clarendon, Somerville, MA 02144

MLS Number 72409647

  • Multi-Family 2 Family
  • Year Built 2018
  • Bedrooms 6

Property is vacant. Will deliver at closing approved plans for a two unit condominium project consisting of : Unit 1 -2,026 Sq Ft 3 bedrooms 2.5 baths, private deck, private rear yard and 2 non -tandem parking spaces. Unit 2 - 1,837 Sq Ft 3 bedrooms 2.5 baths, private porch, private rear yard and 2 non-tandem parking spaces. Lot is in both Somerville and Cambridge. Possibility for one unit to be a Cambridge address and have the ability to attend Cambridge Schools. First showing Monday October 15th, 10:30-12:00 Noon

Listed by SellBoston Team, James Marsden and Michelle Hediger of SellBoston

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$/month over payments
Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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8-8A Melvin Street, Somerville, MA 02145

Price$1,189,995

Est. Mortgage: $/month

MLS Number 72410047

  • Multi-Family 2 Family
  • Year Built 1910
  • Bedrooms 7

NICE two-family in prime location at Winter Hill area of Somerville, short distance to Assembly Row, downtown Boston, Sullivan Square and major transportation routes. First floor has a large living room, 3 Bedrooms, large kitchen, 1 bathroom and dining rooms. 2nd Unit is on 2 levels - features a large living room, Kitchen and dining, 2 Bedrooms with 1 Full bathroom on the first level. 2 Bedrooms and 1 Bathroom on the 2nd level. Beautiful hardwood floors through out. Huge partially finished basement for storage or addition. Off street parking and a nice back porches for both the apartments.Both units are vacant - ready to move in. Open house on 10/14/18 (Sunday) between 11 AM to 1 PM.

Listed by Jason Saphire of www.EntryOnly.com

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Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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38 Madison Street, Somerville, MA 02143

Price$1,195,000

Est. Mortgage: $/month

MLS Number 72407846

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

ATTENTION Investors and End-Users! This great, well-maintained multi-family home in Somerville gets SOLID rents with room to improve! Parallel with Highland Ave, Madison Street is moments away from ample public transportation resources, highway access, great shops/restaurants, Somerville City Hall & High School as well as the future GILMAN SQ Green Line T stop! These BIG units make for happy renters. Open floor plans, nice appliances, ceiling fans, fireplaces and front and rear porches make for great city living. Recently painted interior. Laundry in the basement with space to store items. This area boasts ample resident street parking and the large driveway gets the cars off the street. With some improvement you could enjoy many possible uses for the large 3 car garage. Opportunity awaits!

Listed by Jeffrey Stephens of Berkshire Hathaway HomeServices Commonwealth Real Estate

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$/month over payments
Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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102 Beacon Street, Somerville, MA 02143

MLS Number 72407690

  • Multi-Family 2 Family
  • Year Built 1880
  • Bedrooms 6

WOW! INCREDIBLE CAMBRIDGE/SOMERVILLE INMAN SQUARE 2 FAMILY. Totally renovated in 2018. 10 MINUTES FROM HARVARD. Beautiful 2 family with many preserved historical features throughout. Enjoy beautiful wide plank oak hardwood floors, crown molding, outstanding mill/trim work, recessed lighting and tons of smart home features! Both kitchens offer large space with Quartz counters and Jenn Air/Bosch appliances. Washer/dryer for each unit and 2 stylish designer baths! Each unit consists of 3 beds, 2 baths on 2 levels! Freshly paved parking for 2! Brand new Hardie plank exterior siding, new roof, new plumbing, new electrical, sprinklered throughout! Do not miss. Unit 1 is currently leased for $4,025 per month! Prime location!

Listed by Nicholas Spagnola and Jeff Grand of Centre Realty Group

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$/month over payments
Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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2 Broadway, Somerville, MA 02145

Price$13,500,000

MLS Number 72407160

  • Commercial
  • Year Built 2018

Broadway Residences is a newly-constructed, transit-oriented, mixed-use investment property located at the corner of Broadway and Mt Pleasant Street in Somerville, Massachusetts. The subject property is comprised of a brand-new, five-story apartment building and three adjacent buildings that were gut-renovated in 2015 as part of the development (collectively, the “Property”). The Property contains a total of 19 residential units, 5 street-level retail suites and new, onsite, garage parking. The transit-oriented development is extremely well located in the East Somerville neighborhood, just steps from the MBTA's Sullivan Square Station, and within walking distance to the popular shopping, dining, fitness and entertainment options at Assembly Row.

Listed by Dennis Kelleher and John Pentore of Horvath & Tremblay

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$/month over payments
Federal 30-year interest rate: 4.94% last updated on Nov 15, 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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