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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431-433 Medford Street Somerville MA 02145
Open House

MLS Number 72899402

  • Multi-Family 4 Family
  • Next Open House: Mon 09/27 6:00 pm. to 7:00 pm.
  • Bathroom 3
  • Bedrooms 8
  • Full Bath 3

SOMERVILLE 4 UNIT MIXED-USE BUILDING ON THE CORNER OF MEDFORD AND CENTRAL STREET! PRIME HIGH TRAFFIC CORNER LOCATION WITH VALUE TO ADD! 2 Apartments and 2 Commercial Units in Total! Each Apartment Offers 4 Large Bedrooms, a Big Living Room, Kitchen, Bath, Sunroom, Rear Decks and Beautiful Hardwood Floors Throughout. Separate Utilities for Each Unit. Tenant's Pay. New Gas Water Heaters Recently Installed. Oil Heat. (1) Commercial Space is Leased to a Laundromat through 2025 and The Remaining Commercial Space is Leased to a Retailer Through 2026. Near Gilman Square Green Line Stop. Surrounded By Bars, Restaurants, Grocery Stores, Schools, and Minutes From Booming Porter, Union, and Magoun Squares. Easy access to 93 North and Downtown Boston.

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

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$
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$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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26 Franklin Avenue Somerville MA 02145

Somerville, MA26 Franklin Avenue

Price$1,195,000

Est. Mortgage: $/month

Open House

MLS Number 72898635

  • Multi-Family 2 Family
  • Next Open House: Sun 09/26 12:00 pm. to 2:00 pm.
  • Total Parking Spaces 4
  • Bathroom 3
  • Year Built 1900

***OPEN HOUSE SUNDAY, SEPTEMBER 26TH 12-2 PM*** This spacious multi-family located in Somerville is ready for a new owner to capitalize on its immense opportunity! With a beautiful layout, this home invites and attracts all, including investors and the young millennial looking for an opportunity! Unit 1 features 3 bedrooms, 2 bathrooms. Unit 2 features 4 bedrooms and 1 bathroom - both sharing an enormous 2,809 square feet. Located between Prospect Hill and East Somerville, this multi-family is only steps away from Glen Park. With the Mystic and Charles River less than ten minutes away, this property could not be located in a more ideal area! Surrounded by city life this multi-family is located in a prime area for restaurants, shopping centers, schools, and public transportation.

Listed by Jonathan Mathews of Keller Williams Realty Boston-Metro | Back Bay

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$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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 Hudson Street Somerville MA 02143

Somerville, MA61 Hudson Street

Price$995,000

Est. Mortgage: $/month

Open House

MLS Number 72898450

  • Multi-Family 2 Family
  • Next Open House: Sun 09/26 12:00 pm. to 1:30 pm.
  • Total Parking Spaces 2
  • Year Built 1900
  • Bathroom 2

Wonderful opportunity to own this terrific 2 family. Fully owner occupied for many years this property offers many options. The 5 room, 2 bedroom 1 bath unit on the 1st floor has an incredible renovated kitchen with tasteful high-end finishes, hardwood floors, original wood trim, built in china cabinet. There are large front & rear decks for both units, a lovely rear yard with perennial boarder flower gardens, 2 car tandem driveway, large basement with separate systems & 2 sets of laundry hookups. Unit 2 includes a 6 room, 3 bedroom, 1 bath layout on the main level as well as a walkup to a semi finished room, perfect for a home office as well as a large unfinished storage room. End users can have extended family or live in one unit and rent the other or perhaps turn this into a fabulous single family! Investors/developers will also love the potential of this property. Offers due Monday Sept.27th at 4pm.

Listed by Team Patti Brainard and Patti Brainard of Compass

$
$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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6-8 Rush Street Somerville MA 02145

Somerville, MA6-8 Rush Street

Price$4,150,000

Est. Mortgage: $/month

MLS Number 72897796

  • Multi-Family 5-9 Family
  • Total Parking Spaces 6
  • Year Built 1890
  • Bathroom 12
  • Full Bath 12

Rare opportunity to purchase a beautiful new renovation 6 family property featuring a mix of 2-3 bedroom/2 bath units, each with parking and private outdoor space, all steps from the shops and restaurants on Broadway. The units are renovated to a high-end condominium quality with white shaker kitchens, stainless steel appliances, quartz countertops, tile baths, hardwood floors, crown moldings, in-unit laundry, central HVAC with air conditioning and a high attention to detail and craftsmanship. The property is situated on an oversized 7375 sq/ft lot with a large parking lot for 6 vehicles plus a spacious rear yard. This is an amazing A+ investment grade asset in a popular Somerville location. 3 units currently occupied with a rent roll of $10,545/month. 3 additional similar sized units are vacant and ready to rent. Make this the asset you pass down through the generations. Call for a private showing today!

Listed by The Residential Group and Jason Manganello of William Raveis R.E. & Home Services

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$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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4 Belmont Terrace Somerville MA 02143

Somerville, MA4 Belmont Terrace

Price$2,249,900

Est. Mortgage: $/month

Open House

MLS Number 72898023

  • Multi-Family 2 Family
  • Next Open House: Sun 09/26 11:00 am. to 12:30 pm.
  • Total Parking Spaces 6
  • Year Built 1890
  • Bathroom 4

It's Amore! This serene private oasis is LESS THAN A MILE TO THE RED LINE AND THE NEW FUTURE GREEN LINE with INCREDIBLE VIEWS OF BOSTON! Truly special VICTORIANESQUE TWO FAMILY wtih IN LAW SUITE. Over 3500 interior sq ft of incredible craftsmenship in this custom restoration. GUT RENOVATED 26 YRS AGO... 'restored' w/ all reclaimed historic moldings, trims and woodwork. HUGE decks w/ OVER 900sq ft and some of the BEST BOSTON VIEWS IN THE CITY. Custom fit orgnl handrails & ballisters from a retired City Hall. TWO GAS LOG FIREPLACES. Custom marble FROM Rome Italy. Stripped doors & moldings from Tremont St circa 1920's. Orgnl restored cabinetry from the Fisher Hill Estate in Brookline (circa1879). Gorgeous stained glass. Orginl door knobs from a Newport Hotel. A patio made from authentic antique brick. TWO CAR GARAGE. A special one of a kind, labor of love, over 30 years in the making. Rated a WALKER'S PARADISE WALK SCORE OF 93 / VERY BIKEABLE BIKE SCORE OF 84. INCREDIBLY CONVENIENT!

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

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$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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6-8 Cutter Park Somerville MA 02144
Open House

MLS Number 72898086

  • Multi-Family 2 Family
  • Next Open House: Sun 09/26 12:00 pm. to 1:30 pm.
  • Total Parking Spaces 1
  • Year Built 1920
  • Bathroom 3

**Open houses Saturday (9/25) and Sunday (9/26) from 12 pm to 1:30 pm** Turnkey Davis Square 2-family is teed up for an owner occupant or investor. First floor unit, leased through 8/31/2022, is a two-bed with newer eat-in kitchen and bath and its own washer/dryer in a private half of the basement. Upstairs unit is pristine and vacant, ready for its new owners or renters. This LARGE unit is on the 2nd and 3rd floor. It has 3 bedrooms, including a master suite, bright kitchen, open dining room/family room layout and exclusive laundry in private half-basement to go along with an off-street parking spot. Offers to be reviewed Monday (9/27) at 3 pm.

Listed by Robert S. Ticktin, Ryan McDonnell and Mathew Roth of Hawthorn Properties

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$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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73 Grant Street Somerville MA 02145
Open House

MLS Number 72897659

  • Multi-Family 3 Family - 3 Units Up/Down
  • Next Open House: Sun 09/26 12:30 pm. to 2:00 pm.
  • Total Parking Spaces 8
  • Year Built 1920
  • Bathroom 3

Calling all investors! Legal 3 unit multifamily in Winter Hill with excellent long term tenants, on leases until 5/31/22. Perfect rent payment history, currently grossing $6300/month. Fenced back yard, detached 2 car garage, and driveway parking for all 3 units. Separate gas and electric, and all furnaces (gas) replaced in 2014. Unit 3 has central A/C and was renovated in 2014. All units have granite countertops, gas ranges, dishwashers, vinyl windows, hardwood floors, assigned storage, and assigned parking. Common laundry in basement on separate electric water heater (tied to public meter). Located only .6 mi from future GLX Green Line Station (Gilman Sq) and .8 mi from Assembly Orange Line station. SHOWINGS DURING POSTED OH TIMES ONLY, do not walk the property, do not disturb tenants.

Listed by Evelyn Ullman of Coldwell Banker Realty - Winchester

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$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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25-27 Alston Street Somerville MA 02143

MLS Number 72896107

  • Multi-Family 3 Family
  • Full Bath 6
  • Year Built 1884
  • Bedrooms 12
  • Bathroom 6

WOW! HUGE VACANT SOMERVILLE 3-FAMILY READY FOR NEW KITCHENS AND BATHS! The Property Consists of Three (4) Bedroom (2) Bathroom Apartments. All Units Are Duplex Style with Two Units having a Finished Upper Level and One Unit Having a Finished Lower Level. Tremendous Value to Add! Tiled Kitchens, Hardwood & Laminate Floors, Large Bedrooms & Living Rooms. Separate Utilities Throughout & Newer Electrical Panels in Partially Finished Basement. Excellent Commuter Location with Easy Access to Green Line T Stops, Harvard University & Tufts.

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

$
$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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 Elm Street Somerville MA 02144

Somerville, MA97 Elm Street

Price$1,999,000

Est. Mortgage: $/month

Open House

MLS Number 72895490

  • Multi-Family 3 Family
  • Next Open House: Sun 09/26 11:00 am. to 12:00 pm.
  • Bathroom 3
  • Units 3
  • Bedrooms 9

INVESTORS TAKE NOTE - Steps from the Porter Square T Station & on a Double Lot! Generating $12k total a month when fully occupied. Each apartment in this spacious Triple Decker features 5 rooms, Large Eat-in-Kitchen with a pantry, wood floors, back porch and separate utilities. Did we mention the location? A stone's throw from Porter Square Shopping Center! One T stop to Harvard. Many shops and restaurants are within 2 blocks of the building. The sale of this property includes TWO parcels of land. The lot on which the house is situated contains 2,391 sq ft of land and another parcel of land which has been added as an adjacent lot located to the rear side of the house containing 2,464 sq ft of land.

Listed by Nick Lento Group and David Beeching of Coldwell Banker Realty - Arlington

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$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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146 West Adams Street Somerville MA 02144

Somerville, MA146 West Adams Street

Price$1,295,000

Est. Mortgage: $/month

Open House

MLS Number 72895544

  • Multi-Family 2 Family
  • Next Open House: Sun 09/26 11:00 am. to 1:00 pm.
  • Total Parking Spaces 6
  • Year Built 1930
  • Bathroom 3

Beautiful West Somerville 2 family just 1 BLOCK from Tufts University! The top unit offers 2 levels of living with a living room, dining room, eat-in kitchen, five beds, 2 baths, bonus room, and a balcony! Beautiful kitchen with recessed lighting, cherry cabinets, butcher block counters, & GE stainless appliances. Tons of closets, large windows, hardwood, tiles, and laminate flooring! The lower unit is freshly painted, offering 2 beds/1 bath with hardwood floors, and an eat-in kitchen. Even more room in the partially finished basement with dual laundry hook-ups. Young updates including efficient gas heating systems, gas water heaters, roof, AND newer windows! Off-street parking for 4 PLUS a 2-car garage. Quick walk to the Tufts, Teele Square, the bus line, and shopping/dining. Less than a mile to Davis Square, the “T”, Commuter Rail, and a Bike Score of 89! Great home for owner-occupied, multi-generational, and investors! This is your chance to make this beautiful home your own!

Listed by Roy MacDonald of Century 21 North East

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$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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17-19 Sterling Street Somerville MA 02144
Open House

MLS Number 72894574

  • Multi-Family 2 Family - 2 Units Up/Down
  • Next Open House: Sun 09/26 12:00 pm. to 1:00 pm.
  • Total Parking Spaces 2
  • Units 2
  • Year Built 1920

Welcome to 17-19 Sterling Street! This meticulously maintained two family home is located on a quiet one-way street in close proximity to Davis Square. These "condo-quality" units are spacious, bright and each unit has their own newer systems. The top floor unit has updated stainless steel appliances and granite countertops, while both units feature hardwood floors throughout. Each unit features a private sunroom, while the top floor contains an additional at home office space. The properties prime location offers easy access to grocery stores, parks, and public transportation. This two family is perfect for investors looking to easily acquire a new property, as leases are currently in place.

Listed by The Serrano Team and Samuel Marcotte of Leading Edge Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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15-17 Albion Place Somerville MA 02144

Somerville, MA15-17 Albion Place

Price$1,200,000

Est. Mortgage: $/month

MLS Number 72893163

  • Multi-Family 2 Family
  • Total Parking Spaces 4
  • Year Built 1910
  • Bathroom 2
  • Full Bath 2

Diamond in the rough! This is a must-see! Two family, last house on a dead-end street - directly next to Albion Park. 3 car driveway for owner's unit. Parking in front of the house for the rental unit. The owner's unit on the second floor has an open concept living/dining room, hardwood floors, and tons of natural sunlight from three side-by-side windows. Great yard for gardening and grilling. Steps to Albion Park and bike path, short walk to Porter Square and Davis Square. No private showings. All offers are due by 5 p.m. Tuesday 9/21

Listed by Deborah Zammuto of Main Street Residential Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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33 Preston Road Somerville MA 02143

Somerville, MA33 Preston Road

Price$1,699,900

Est. Mortgage: $/month

MLS Number 72892034

  • Multi-Family 3 Family
  • Total Parking Spaces 5
  • Year Built 1893
  • Bathroom 4
  • Full Bath 3

Union Square; This handsome three family house in excellent condition has a long solid rental history and comes with a separate carriage house including finished, heated, loft space and half bath. All 3 apartments have convenient layouts, beautiful hardwood floors, updated kitchens and bathrooms, and separate utilities, including three separate state of the art high efficiency gas boilers. The house is surrounded by mature plantings, offers a rear deck in a sea of ivy, and has ample driveway and garage parking. Just 0.6 miles from the future Union Square MBTA Green Line station, this beautiful property is also convenient to Bronwyn, NU Kitchen, Juliet, Brass Union, and more.

Listed by Charles Ball and Christine Ball of Berkshire Hathaway HomeServices Commonwealth Real Estate

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$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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34-40 N Crescent Somerville MA 02145

Somerville, MA34-40 N Crescent

Price$3,600,000

Est. Mortgage: $/month

MLS Number 72886537

  • Multi-Family 5+ Family - 5+ Units Up/Down
  • Year Built 1900
  • Full Bath 6
  • Half Baths 3
  • Bathroom 9

Listed by Lenny Pierce and Kellie Coveney of Jones Lang LaSalle New England,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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 Greenville Street Somerville MA 02143

Somerville, MA10 Greenville Street

Price$2,000,000

Est. Mortgage: $/month

MLS Number 72886539

  • Multi-Family 3 Family
  • Year Built 1920
  • Full Bath 4
  • Bathroom 4
  • Units 3

Listed by Lenny Pierce and Kellie Coveney of Jones Lang LaSalle New England,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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14-16 Crescent Street Somerville MA 02145

Somerville, MA14-16 Crescent Street

Price$2,000,000

Est. Mortgage: $/month

MLS Number 72886542

  • Multi-Family 4 Family - 4 Units Side by Side
  • Year Built 1900
  • Full Bath 5
  • Bathroom 5
  • Units 4

Listed by Lenny Pierce and Kellie Coveney of Jones Lang LaSalle New England,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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39-41 Gilman Street Somerville MA 02145

Somerville, MA39-41 Gilman Street

Price$3,100,000

Est. Mortgage: $/month

MLS Number 72886734

  • Multi-Family 4 Family - 4 Units Side by Side
  • Year Built 1900
  • Full Bath 8
  • Bathroom 8
  • Units 4

Listed by Lenny Pierce and Kellie Coveney of Jones Lang LaSalle New England,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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1-3 Beacon Street Somerville MA 02143

Somerville, MA1-3 Beacon Street

Price$5,300,000

Est. Mortgage: $/month

MLS Number 72886737

  • Multi-Family 5-9 Family
  • Year Built 1900
  • Full Bath 8
  • Units 6
  • Bedrooms 16

6 Unit building in the heart of Somerville. Includes two commercial suites that are fully rented as well as 4 units under construction.

Listed by Lenny Pierce and Kellie Coveney of Jones Lang LaSalle New England,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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25 Beacon Street Somerville MA 02143

MLS Number 72883410

  • Multi-Family Duplex
  • Total Parking Spaces 26
  • Year Built 1970
  • Bathroom 34
  • Full Bath 34

Please to present the opportunity to acquire The Somerville Portfolio, a two building 65-unit portfolio located in Somerville Massachusetts. 25 Beacon Street and 74 Craigie Street are two generational assets for sale in one of Greater Boston's strongest submarkets. This value-add opportunity gives investors the chance to own a healthy mix of studios, one bedroom and two bedroom apartments across two separate buildings both along the Somerville and Cambridge line. RThe Somerville Portfolio offers investors a generational multifamily asset with significant value add potential. The Somerville Portfolio is offered for sale on an un-priced basis as both a portfolio and as individual assets. We will be conducting tours of the property with a “call-for-offers” to follow.

Listed by Daniel Dewing of Boston Realty Advisors

$
$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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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74 Craigie Street Somerville MA 02143

MLS Number 72883413

  • Multi-Family 5-9 Family
  • Total Parking Spaces 30
  • Year Built 1969
  • Bathroom 32
  • Full Bath 32

Please to present the opportunity to acquire The Somerville Portfolio, a two building 65-unit portfolio located in Somerville Massachusetts. 25 Beacon Street and 74 Craigie Street are two generational assets for sale in one of Greater Boston's strongest submarkets. This value-add opportunity gives investors the chance to own a healthy mix of studios, one bedroom and two bedroom apartments across two separate buildings both along the Somerville and Cambridge line. The Somerville Portfolio offers investors a generational multifamily asset with significant value add potential. The Somerville Portfolio is offered for sale on an un-priced basis as both a portfolio and as individual assets. We will be conducting tours of the property with a “call-for-offers” to follow.

Listed by Daniel Dewing of Boston Realty Advisors

$
$
%
$/month over payments
Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* 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.