Investment Properties for Sale in Somerville MA

MLS Number 72852463

• Multi-Family 2 Family
• Total Parking Spaces 3
• Year Built 1930
• Bathroom 3
• Full Bath 3

COMING VERY VERY SOON!!!!!!!!Union Square T Station opening soon, dont miss this great 2 family home with a yard and two patios, parking for 3 cars.Two newer kitchens and three newer bathrooms.Skylights, spiral stairs, hw floors, two updated 3 zone gas heating systems, updated electric service circuit breakers and roof, lots of great spaces in vibrant very convenient, quiet location, location ,location !!! EZ walk to beautiful Lincoln Park,Inman Square,Whole Foods,Thirsty Scholar Pub ( where Social Network the movie was filmed) and the new Union Square T stop.Pics and more details soon. Large upstairs unit delivered vacant for new owner.First floor 1 BR unit rent is $2190- with lease end May 2022.

Listed by Rosanna Beauvais and John Beauvais of R. S. B. Realty

MLS Number 72852087

• Multi-Family 5+ Family - 5+ Units Up/Down
• Total Parking Spaces 8
• Year Built 1900
• Bathroom 12
• Full Bath 12

This is the needle in the haystack.... a 6 unit building in the heart of Winter Hill that has already been converted to condos with 8 car parking. Each unit features 3 bedrooms and 2 full bathrooms, granite countertops, stainless steel appliances, washer & dryer and hardwood floors throughout. The building sits on a large lot shared with an unattached townhome. (173 Walnut St) The townhome is NOT included in the sale. The renovations have been done... all units were completely renovated down to the studs in 2014 including new electric, plumbing and mechanical systems with central A/C and new sprinkler system!! There is plenty of storage space in the basement. Parking??? We got parking..... a total of 8 parking spaces, 6 outdoor and 2 garage spaces. The condo conversion has been done.... in other words, a complete turnkey property! Great Winter Hill location with a walk score of 89 and less than a 10 minute walk to the new Gilman Square T stop!

Listed by Adam Day of Steve Bremis Realty Group

MLS Number 72850746

• Multi-Family 3 Family
• Year Built 1905
• Bathroom 3
• Full Bath 3
• Bedrooms 8

Location Location Location! Well maintained 3-family located within minutes of Tufts University, Ball Square, and Davis Square! Unit 1 is a Philly-style unit with 3 beds, 1 bath and is currently rented. Second floor, unit 2, includes 3 beds, 1 bath and is currently rented. Third floor, unit 3, includes 2 beds, 1 bath and is currently rented. All leases are up for renewal 8/31/2021. Fantastic location near shops, restaurants, two blocks from the new Green Line stop at Ball Square, and 0.5 mi to Davis Square T-Stop. A great property to call home or a savvy investment opportunity.

Listed by Ed Greable & Company and Ed Greable of Keller Williams Realty

MLS Number 72850902

• Multi-Family 3 Family
• Year Built 1890
• Bathroom 3
• Full Bath 3
• Bedrooms 9

Oversized three decker on Somerville Ave! Just minutes to Union Square and the new rail station, Porter Square, Harvard Square and more. Walk to shops and restaurants along Somerville Ave. Public records shows this as three three bedrooms apartments each with one full bath. The property has been altered to have several more rooms and bathrooms (five total full bathrooms), and as it stands, one functioning original kitchen. There is also a smaller kitchenette on the first level. Back porches have been built out to be additional rooms. Property has amazing potential with such square footage, but does need to be redesigned. As it stands, only one set of systems are working. Others need to be replaced. Property being delivered 100 % vacant. Present owner occupied building since 1998. OFFERS DUE @ 5 PM MONDAY THE 21ST. SELLER RESERVES RIGHT TO ACCEPT AN OFFER BEFORE DUE DATE. EMAIL OFFERS.

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

MLS Number 72850895

• Multi-Family 3 Family
• Total Parking Spaces 3
• Year Built 1920
• Bathroom 3
• Full Bath 3

Don't pass up this opportunity to purchase this large and nicely maintained 3 family home in a great location! Perfect for the Investor or owner occupied with lots of income potential! 1st floor was rented until March of 2021 for $2000 a mo. 3rd floor had been occupied by a family member until recently at below market value & 2nd floor has a long term tent paying well below market value. This property offers some wonderful features including front & back porches, level backyard, off street parking and lots of improvements. The 1st floor includes an updated kitchen includes SS appliances, solid countertops, gooseneck faucet, subway tiled backsplash, lighting, floor, washer & dryer hookups and more. The 3rd floor also boasts an updated kitchen including glass tile backsplash, gas range, solid countertop,flooring, lighting & more! See list of improvements attached to MLS clip.! Easy access to Rt 93 & other major rtes, short distance to Orange line at Assembly Station & soon the Green Line

Listed by Aura Gauthier of ERA Key Realty Services - Distinctive Group

MLS Number 72851109

• Multi-Family 2 Family - 2 Units Up/Down
• Total Parking Spaces 3
• Year Built 1910
• Bathroom 2
• Full Bath 2

Just listed! Two family on quiet tree lined one way Somerville street close to Davis Square and Teele Square. This two level multi family home has two five room two bedroom apartments and an additional walk up unfinished attic above. Family owned for years this is the first time ever on market. Each unit has hardwood floors throughout, one newer gas boiler and one older, newer gas hot water tanks, and 60 AMP circuit breaker panels. Has three off-street parking spaces and the roof is under ten years old. A plus location close to Davis Square and the Red Line. Come see this wonderful opportunity to live in Somerville. Offers due Tuesday 6/22 at 6PM.

Listed by Joseph Firicano and Anna Natola Bruno of Boston Hub Real Estate

MLS Number 72850468

• Multi-Family 2 Family
• Total Parking Spaces 2
• Year Built 1895
• Bathroom 2
• Full Bath 2

Lovingly maintained Victorian w/beautifully landscaped grounds. A special opportunity to buy both house and a buildable lot. The house is currently being used as a 2-family & the buildable lot is approved for a single-family use only. If the lot is developed, the 2-family house has to be converted to a single-family house. Or, renovate the 2-family house & enjoy the amazing lush yard with mature trees, bushes & gardens on a bright corner lot. Many original features include high ceilings w/medallions, over-sized windows, marble mantel, handsome wood floors & trim plus more. Bright E-S-W light. Open floor plan on 1st level with spacious rooms, updated kitchen & bath. 2nd & 3rd floor offer 2-level apt with wrap around huge deck, flexible floor plan, 4 bedrooms & recent updates include refinished wood floors plus fresh paint. Closets and eaves storage area. Large unfinished basement. Off-street parking, 2 patios and fenced-in yard. Bike Path, Davis Square, T-stop & more. Don't miss it.

Listed by Sara Rosenfeld of Coldwell Banker Realty - Cambridge

MLS Number 72847048

• Multi-Family 3 Family
• Total Parking Spaces 3
• Year Built 1920
• Bathroom 4
• Full Bath 3

CASH COW, TURN KEY INVESTMENT! Spacious, 18 room, stately triple decker on Cambridge/Somerville line just off Beacon St near Whole Foods. Bay windows, hardwood floors, updated kitchens and baths, rubber roof, newer updated systems, 200 Amp electric, coin op laundry, oversized rear porches with mahogany flooring, separate heat and hot water and super convenient to Union Sq ( Green line opening fall, 2021) as well as Inman, Harvard and Tech Squares.3 car tandem parking in driveway: PRESENT GOI $123000; PRESENT NET IS $101,655. 5% CAP IS $2,033,100 ! Leases in place through August 31. 2022. This property has been very well maintained for many years by seasoned property owner and offers tons of upside going forward .

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

MLS Number 72846003

• Multi-Family 2 Family
• Total Parking Spaces 3
• Year Built 1900
• Bathroom 2
• Full Bath 2

Beautiful philly-style 2-family duplex in quiet sought after somerville neighborhood near tufts and upcoming ball square t stop!!!3 bedrooms (up) and 1 bath in one unit and a 1 bedroom/1bath the other unit, large eat-in kitchens w/gas stoves, front & rear porches, sepearate laundry areas in both units. Double hung windows, beautiful natural hardwood floors. Separate utilities-2 separate forced hot water natural gas furnaces and newer natural gas hot water tanks, off street parking for 3 cars and possibility to create more around back. 1 bedroom unit is currently vacant and owners currently live in the 3rd unit. Both units will be delivered as is & vacant for the new owners!!

Listed by Darin Thompson of Stuart St James, Inc.

MLS Number 72846596

• Multi-Family 3 Family - 3 Units Up/Down
• Total Parking Spaces 6
• Year Built 1915
• Bathroom 5
• Full Bath 5

Investors and owner-occupants. Great income potential and opportunity to live in this East Somerville neighborhood close to Assembly Row, Sullivan Square T, and the new Green Line Extension. This 3 Family home offers. First Floor unit with 2 Beds, Living room, kitchen, and 2 baths. Second-floor 3 Beds, Living room, kitchen, and 1 bath. Third-floor 2 Beds, Living room, kitchen, and 1 bath. High ceiling basement storage with a full finished bathroom, as well a nice yard space with plenty of off-street parking for 5-6 cars. Please follow all COVID19 guidelines.

Listed by William Anael of Casas Home Realty Inc.

MLS Number 72846836

• Multi-Family 2 Family - 2 Units Up/Down
• Total Parking Spaces 2
• Year Built 1905
• Bathroom 3
• Full Bath 3

A rare turnkey 2-family plus amazing third floor loft in the heart of Magoun Square! This property is ideal for those seeking a well-maintained and highly rentable property in a booming part of Somerville. You have options -full investment rental, owner-occupied with extra income, or as multigenerational home for parents and grandparents. 1st floor features an efficient 2-bedroom layout with large kitchen and bath. The middle floor has the same layout but with an updated kitchen and bath, walk-in closet and mini-split heating/cooling system. It gets even better when you reach the 3rd floor loft with its vaulted ceilings, pinterest-worthy bath, own heat/cool system, and sun-soaked skylights. Blocks from the Maxwell's Green T station, Daddy Jones, Olde Magoun's Saloon, and Ball Square.

Listed by Currier, Lane & Young and Eddie Jones of Compass

MLS Number 72844775

• Commercial Mixed Use
• Total Parking Spaces 10
• MLS Status Active
• Year Built 1925
• Acreage 0.08

A rare redevelopment opportunity in East Somerville is awaiting an investor! These Mixed Use Mid-Rise 3 level zoned properties have the potential for 4-8 residential condos and 2-4 ground story commercial units. Currently a two story building with commercial on the first floor and a residential apartment above located next to a 2360 sq ft vacant lot located on Mount Vernon Street. Build right in the mist of this up and coming area, located just 0.5 miles away from the Orange Line - Sullivan Square Station, Gilman Square Station is only 1 mile and the long awaited GLX Station is only 0.4 miles away!! Encore Casino is a mere 1.6 miles away, with the Holiday Inn directly across the street. Easy highways access - I90 and 93, Mass General Brigham, Assembly Square, Schrafft Building, Hood Park, Bunker Hill CC, etc etc. Possible variance to increase stories to MR4, zoning map attached.

Listed by Chelsea McLaughlin and Cynthia Phillips of Phillips Premier Properties, LLC

MLS Number 72844973

• Multi-Family 5-9 Family
• Year Built 1920
• Bathroom 8
• Full Bath 8
• Bedrooms 14

Rare offering! This is a meticulously maintained 8 unit (7 residential & 1 commercial) which shows pride of ownership at every turn. All apts have large rooms, high ceilings, fully applianced eat-in kitchens and full tile baths. Each apt has separate utilities. two 1 bedroom apts and three 2-bedroom apts. Two 3-bedroom units have a huge living area overlooking a Boston and Porter Square. Well maintained exterior, replacement windows, and separate systems make this a perfect income property for the passive investor or a great condo conversion for a savvy developer. Lease information is attached herein. An opportunity exists to significantly increase rents by simply waiting for leasing to expire & increase rents. Property is located walking distance to Davis Sq/Porter sq and Harvard Sq for terrific access to T, shops, and restaurants. Somerville consistently rates as one of the best rental markets in the region due to high density, amenities, and local universities and businesses.

Listed by David Lilley of RE/MAX Destiny

MLS Number 72843064

• Multi-Family 3 Family
• Year Built 1884
• Bathroom 6
• Full Bath 5
• Half Baths 1

Attention Investors and Owner Occupants!! Gigantic 3-Family on Alston St in Union Square, Somerville!!! All three units were renovated following the owner's purchase of the building in 2015. Unit #1 is a 4-bed, 1.5-bath on the first floor, the other two units are 2nd and 3rd floor, 4-bed, 2-bath, with one being townhouse style (perfect for an owner occupant.) All three units have laundry, updated kitchens and baths. Perfect opportunity to capitalize on the coming Green Line extension stop. Don't miss out on this opportunity!

Listed by Rev Realty Team and Louis Gordon of Revolution Realty

MLS Number 72841848

• Multi-Family 3 Family
• Total Parking Spaces 4
• Year Built 1900
• Bathroom 4
• Full Bath 4

New to the market! Completely updated and meticulously maintained three family on quiet tree lined Somerville street. This extremely spacious multi family has three large six room apartments and an additional finished area below. Family owned for years you will not find a better maintained property. All kitchens are fully applianced with gas stoves, dishwashers, built in microwaves, refrigerators, and in suite washer / dryer. There are gleaming hardwood floors throughout, front and rear porches, newer roof, replacement windows, newer gas boilers, newer gas hot water tanks, and 100 AMP circuit breaker panels per unit. Has three off-street parking spaces one being a garage space. A plus location close to Broadway and the Green Line Extension. Come see the best that Somerville has to offer!

Listed by Joseph Firicano of Boston Hub Real Estate

MLS Number 72841862

• Multi-Family 2 Family
• Total Parking Spaces 2
• Year Built 1905
• Bathroom 2
• Full Bath 2

Opportunity knocks! Nice 3 level multi family! Convenient location; walking distance to public transportation...shops, etc! Seller uses first floor mainly for storage but use your imagination and vision! Second floor dining area was opened up to family/living room to create a large, open, flexible space! Many updates done...NEWER ROOF...chimney work...heating system updates...and upgrades to kitchen and bath. Put your skills to work and build equity!

Listed by Colleen O'Neill of Colleen O'Neill, Broker

MLS Number 72840506

• Multi-Family 3 Family - 3 Units Up/Down
• Total Parking Spaces 2
• Year Built 1900
• Bathroom 4
• Full Bath 4

Calling all investors! This charming 3 Family consists of a first floor 3 bed, one bath, second floor 2 bed, 1 bath and third floor 1 bed, 1 bath. Each unit shows the character of the 1900's with high ceilings and hardwood floors throughout. The first level comes with a quaint and private garden patio with custom built benches and a pergola. Laundry hookups in the basement with extra storage. The first floor unit currently uses the 2 driveway parking spots. Highly desirable location as it it strategically situated between Assembly Row and Union Square. Easy access to all the best Somerville spots including the future Washington St Green line stop! Two units have leases in place, the third can be rented or if desired the buyer can move on in and make this a wonderful owner occupied investment!

Listed by The Eisnor Team and Sean Eisnor of William Raveis R.E. & Home Services

MLS Number 72840429

• Multi-Family 2 Family
• Total Parking Spaces 1
• Year Built 1910
• Bathroom 3
• Full Bath 3

Attention investors, condo & single family convertors, folks looking to own a fantastic 2 fam while getting some rental help for mortgage! Don't miss this rare offering near Winter Hill, short walk to Magoun Sq, Assembly Row & new Green Line extension! Attractive long time family owned home is ready for your special touch. Unfinished basement has ceilings over 7 feet, offers over 500 sq ft of area that could possibly be finished. Parking available for 1 possibly 2 small cars, nice yard area in rear. Easy access to Rte 93, just 2 miles to Boston. Walk to many restaurants, bars & cafes including Winter Hill Brewery .5 mile away! Steps to walking/running/biking along scenic Mystic River Path & Blessings of the Bay Boathouse w/ kayaking, paddle boarding, rowing! Enjoy Assembly Row w/ top dining, exciting shopping w/ more than 40 national brands, bowling & drinks at Lucky Strike Bar, movies at AMC theatre, Encore Boston Harbor Casino for fine dining/national entertainment!

Listed by The Shorey Realty Group and David Shorey of Compass