Investment Properties for Sale in Somerville MA

MLS Number 72638409

• Multi-Family 3 Family
• MLS Status New
• Year Built 1925
• Bedrooms 12

Cash flowing three family in great condition in a fantastic location between Inman Square and Union Square, and convenient to Harvard University. Union Square's new MBTA Green line station estimated to open in 2021. Each 4 bedroom apartment has updated kitchens, a convenient layout, and a private exterior space. A great opportunity for the savvy investor, with leases in place and opportunities for value creation. Apartment #3 has renewed at increased rent of $4,313 through 8/31/21. Video Tours and private showings available by appointment, offers will be reviewed as presented, but must be submitted by no later than Noon on Tuesday March 31st.

Listed by William Senne and Brian Gallagher of Senne Commercial

MLS Number 72638129

• Multi-Family 2 Family
• Total Parking Spaces 7
• MLS Status New
• Year Built 1900
• Bedrooms 4

Owner-occupants, developers, contractors and landlords --- This truly is a "find" in Union Square -- A solid well built two-family with a long driveway and a two-car garage! Great neighborhood - welcome to all that Union Sq has to offer! This home has been in the family for 3 generations and lovingly cared for. Owner lives on first floor and is getting ready to move on, as you will see in pics! Home hasn't been rented since approximately 2007. Delivered vacant! Lots of original character maintained in vacant Unit 2. Gorgeous hardwood floors, large bedrooms, great layout. Two lovely rear decks for morning coffee! Somerville condo ord. attached. Taxes listed do not reflect residential tax exemption. New Union Sq. T Station slated to open by end of 2021. This is an "AS IS" sale. Buyer & buyer's agent responsible for due diligence. SmartFloorPlans just attached!

Listed by Susan Callahan of Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS Number 72638386

• Multi-Family 2 Family
• Total Parking Spaces 2
• MLS Status New
• Year Built 1900
• Bedrooms 7

A true cash cow in an amazing location! This large Philly-Style 2 family is on a quiet charming dead end street yet within walking distance to all the great shops and restaurants in Davis Square and the Red Line T station. Recent updates in 2018 include a new front porch and a gut renovation of the bathroom in unit 2. Both units have updated kitchens with granite countertops, stainless steel appliances, and gas cooking with chef hood systems. Additional amenities include in unit laundry for both units, 3 car off street parking, and a cute yard. Updated separate systems including a newer hot water tank (2019), circuit breakers, and maintenance free siding. Excellent rental history. Offers to be reviewed this Sunday March 29th at 5pm. Due to the current restrictions and safety measures enacted for Covid-19, video showings only. unit #1 already renewed for 3848 starting 9/1/20 till 8/31/21

Listed by Shane Marrion of Benoit Real Estate Group,LLC

MLS Number 72637875

• Multi-Family 3 Family
• MLS Status New
• Year Built 1900
• Bedrooms 9

Note: New Virtual tour now attached, as of 3/27! Owner occupants, landlords, developers, contractors -- Rare opportunity to own an oversized classic three decker. Prime location between Union & Inman Sqs. Union Sq. T station estimated to open by the end of 2021. Each unit and basement 1300+ sf. Property being sold "AS IS." Somerville Condo ordinance attached. ALL OFFERS DUE BY 6PM SATURDAY 3/28!

Listed by Susan Callahan of Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS Number 72638008

• Multi-Family 2 Family
• MLS Status New
• Year Built 1870
• Bedrooms 4

On a coveted Davis Sq. street is this lovely, owner-occupied 2-family w/2 bedrooms, study, and 1 bathroom in each unit. Great layouts. Unit 1 has LR w/high ceilings, wood fls, bay windows, walk-in hall closet. Roomy DR can easily seat 10. Tiled full bath and study are to the right; 2 bedrooms are at the rear. Kitchen has open shelving, built-in china cabinet, separate pantry, and backdoor to mudroom and basement. Upstairs, 1st level has a large living area divided by a stair to the top fl w/hall closet beneath it. One side is a cozy reading area w/wood stove; the other is used as a media room w/door to spacious back porch. Retro-feel kitchen has tin-look ceiling, ss appliances, separate pantry, light-filled dining alcove with skylights, and back stairs. Study w/built-in bookcases and a full bath are off entry hall. Top fl has 2 bedrooms tucked into the eaves w/ample storage. Large fenced yard. Unfinished basement used as workshop/office space. Roof and main sewer line replaced in 2020.

Listed by Thalia C. Tringo of Thalia Tringo & Associates Real Estate, Inc.

MLS Number 72637114

• Commercial
• Total Parking Spaces 6
• MLS Status Active
• Year Built 1900

Zoned Residential or Business. Perfect for offices, classrooms, live/work arrangement, more! The architecturally significant Lewis-Mansfield-Currier House is an exquisite "Grand Dame" Queen Anne 2-family facing Nathan Tufts Park. Fantastic commute location ~3 blocks to the Ball Square Green Line T, near Tufts and Davis. Stunning inlaid parquet, paneled walls, decorative woodwork, expansive porches, slate roof, leaded glass, original art deco fixtures - even an ice box! You'll love the large rooms, glimpses of Boston skyline, 2-car garage, 4-car driveway and permit on-street parking. Upgrades include 200 amp electric, 3-zone heating/central air, plumbing, maintenance-free decks, lowered basement floor to 89" ceiling height, 2 interior egress stairways for all 3 floors, sprinklers, coin-op laundry, more. $7300/mo rent is likely below market. Leases end 6/1/20 & happy tenants may extend month-month at higher rate. All new stainless appliances for upstairs unit ordered.

Listed by Robyn Bonnett of Compass

MLS Number 72637102

• Multi-Family 2 Family - 2 Units Up/Down
• Total Parking Spaces 6
• MLS Status Active
• Year Built 1900
• Bedrooms 7

Virtual tour of upper unit: www.seetheproperty.com/story/342933/u - - - Once in a lifetime chance to own the architecturally significant Lewis-Mansfield-Currier House! This exquisite "Grand Dame" Queen Anne 2-family facing Nathan Tufts Park features inlaid parquet, paneled walls, decorative woodwork, many porches, slate roof, leaded glass, original art deco fixtures - even an ice box! Enjoy the large bedrooms, glimpse of Boston skyline, 2-car garage, 4-car drive and on-street parking. Fantastic spot ~3 blocks to the coming Ball Square Green Line T station, near Tufts U and Davis Sq. Upgrades include 200 amp electric, 3-zone heating/central air, plumbing, maintenance-free decks, lowered basement floor to 89" ceiling height, 2 interior egress stairways on all 3 floors, sprinklers, coin-op laundry, etc. $7300/mo rent likely below market. Leases end 6/1/20 & happy tenants may extend month-month at $8500. New stainless appliances for upstairs unit ordered. Zoned Residential & Business.

Listed by Robyn Bonnett of Compass

MLS Number 72637251

• Multi-Family 2 Family - 2 Units Up/Down
• MLS Status Active
• Year Built 1900
• Bedrooms 6

Location-Location-Location for this fantastic Somerville multi family located off Broadway, Walking distance to Sullivan Square T-Stop, close to local restaurants and Assembly Square Mall. "As is" cash only sale w/no contingencies. Interior/exterior inspections are available by appointment with 72 hours notice and the property is being sold as-is. After offer submission, it may take up to 5 business days for offer decision. Communication will be sent to buyers with results & next steps for the accepted offer. Please submit all offers as investors which will be reviewed after day 5. Please contact Listing Agent for details DO NOT Disturb occupant. Estate Sale sale shall not close earlier then 90 days from a executed purchase and sale - DO NOT WALK AROUND PROPERTY WITHOUT APPOINTMENT - BROKERS WELCOME !!! SHOW & SELL TODAY - all reasonable offers considered

Listed by Erik Mckenzie of Mass Realty Advisors

MLS Number 72636706

• Multi-Family 4 Family
• Total Parking Spaces 3
• MLS Status Active
• Year Built 1890
• Bedrooms 5

Incredible investment opportunity in Somerville! So much potential in this 4-unit home convenient to the Orange Line at Sullivan Square, numerous shopping and restaurant venues along lower Broaadway and Assembly Row, as well as many bus lines and commuter routes. This home offers exceptional sunlight and is made up of a spacious 2-bedroom unit (on 2-levels), a 2-room studio with sleeping alcove, a 1 bedroom unit and an additional 2-room studio. Property is in need of updates; each unit is separately metered for electric, the heating system is approx. 10-12 years old, replacement windows in most of the apartments and the front portion of roof is about 2 years old. Will be delivered vacant and offers excellent opportunity for an owner occupant looking to collect rent to help with their mortgage or an investor looking to enter the Somerville market!! Due to COVID-19, showings will be by appointment and viewing the occupied unit will be during 2nd showings only.

Listed by Joanna Kirylo of Griffin Properties

MLS Number 72636774

• Multi-Family 3 Family - 3 Units Up/Down
• MLS Status Active
• Year Built 1900
• Bedrooms 5

Fantastic opportunity for the Homeowner, Investor or Developer ! Three family home 5-5-4 Delivered Vacant! Separate Heat & Utilities. Minutes to the new Green Line Extension, Davis Sq Red Line, buses to the Orange Line & close to the Community Bike Trail & Walk Path! This quality home has been been in the same family for decades. Features lots of charm, natural woodwork, huge fenced yard, partially finished basement with an additional bath! Will be delivered vacant and being Sold,”As Is". Terrific investment! It's a big money maker with lots of potential! . Great opportunity!

Listed by Jeremy Nissenbaum of Nissenbaum, REALTORS®

MLS Number 72632516

• Multi-Family 2 Family
• Total Parking Spaces 5
• MLS Status Active
• Year Built 1927
• Bedrooms 6

Fantastic Two-Fam in the delightful Ten Hills neighborhood; offers a short walk to Blessing of the Bay Park offering kayak & canoe rentals on the Mystic River & a quick jaunt over the bridge to Assembly Row offering shopping, dining, entertainment & access to public transportation. Meticulously maintained; offers on each floor a dining room, living room, fireplace, eat-in kitchen w/ gas stove, enclosed porches, 2 Bedrooms w/ options for more. Hardwoods throughout. 2nd floor unit has an additional sunroom at the front of the house. 3rd floor boasts a multi-purpose loft area for more bedrooms or office space. Convenient garage for your vehicle, bikes, yard equipment, workshop & storage + 4 tandem parking spots. Fenced in the back yard is ideal for pet lovers and privacy. Both apartments have their own front and back entryways. Basement has been water sealed and painted and has walkout access along with a common area with laundry and storage. This property won't last long, it's a must-see

Listed by Dave White of OwnerEntry.com

MLS Number 72632165

• Multi-Family 2 Family
• Total Parking Spaces 2
• MLS Status Active
• Year Built 1890
• Bedrooms 4

This East Somerville two family home is a perfect opportunity for investors/contractors and owner occupants! This long time family home is in need of renovations. Both units are being used as two bedrooms and have 1 bath. There are two additional rooms on the third level currently used as bedrooms and have no heat and are only accessible via narrow, steep stairwell. There are hardwood floors, high ceilings, an enclosed yard and off street parking. An older deck currently takes up most of the yard and would need to be removed. Owner occupants can bring their contractors and design ideas to create a large renovated single family home. There are many possibilities with this home. Located close to Assembly Row and bustling Broadway with its new restaurants and shops, this neighborhood is undergoing a major transformation and is close to highways and public transportation.

Listed by Colleen Sleeper of Senne Residential

MLS Number 72629609

• Multi-Family 3 Family
• Total Parking Spaces 3
• MLS Status Active
• Year Built 1890
• Bedrooms 7

Developers! Great opportunity to purchase this fully permitted and gutted property in the hottest market. Building permit along with the full CD set of plans on hand. A preliminary condo conversion permit with 1 year waiting period lapsing 2/26/21. This is as shovel ready as one can get. The proposed floor plans are #1 3 bed 3 bath spanning first and basement level ~2306sqft #2 is a 2 bed 2 bath ~1058sqft #3 is a 2 bed 2 bath ~1218sqft. No access without listing broker present.

Listed by Branch Out Residential Team and Albert S. Azatyants of Compass

MLS Number 72629682

• Multi-Family 3 Family
• Total Parking Spaces 4
• MLS Status Active
• Year Built 1900
• Bedrooms 6

Developers and Investors take notice. A fantastic condo project or multi-unit property awaits you. This is a 2 family that is being sold with ZBA approval for 3 units. Proposed units are: #1: 1447 Square feet 2+ bedroom unit with finished basement. #2: 869 square feet 2 bedroom unit. #3: 868 square feet 2 bedroom unit. Property has a nice yard and is located on a quiet side street near Kirkland Village, Harvard and not far from Porter Square. Plans available upon request.

Listed by Mike Cohen of Compass

MLS Number 72628162

• Multi-Family 2 Family
• Total Parking Spaces 6
• MLS Status Active
• Year Built 1900
• Bedrooms 3

GREAT OPPORTUNITY FOR INVESTORS in Spring Hill! Whether you are looking for an investment property or to build the home of your dreams, this 2-family with a large 7,000 sq.ft. lot is the best opportunity in Somerville! This 2-family property could be just rented, updated, converted into 2 condos, or be turned into a great Single Family house! The property will be delivered completely VACANT.

Listed by Santana Properties Team and Hudson Santana of Keller Williams Realty

MLS Number 72627492

• Multi-Family 2 Family
• Total Parking Spaces 1
• MLS Status Active
• Year Built 1900
• Bedrooms 6

Location! Location! Location! MBTA Gilman Square Green Line projected to open in 2021; Great Opportunity to owe a Large two family just a block away from new Gilman Square T stop. A commuter's dream come true! New Roof installed in February 2020, separate Electric panels for each Unit with circuit breakers, 2 Gas furnaces and 2 hot water heaters, Large Walk-out Basement which could be finished to add more living space in Future! Unit 2 has newer kitchen cabinets, stylish new quartz counter-tops/back-splash and all new hardwood floors. Both the units are fully rented w/ “Tenancy at Will” leases. Accessible to all T-Stations including Sullivan Square, Kendall, Davis Square, walk to Union Square; Enjoy all the amenities at Assembly Square. Minutes to Schools, shopping, and all the major arteries, Cambridge and Boston. This property gives Good Condo Conversion opportunity - Surprised this already isn't two Condos! Hot Somerville market where prices are going up and this will not last!!

Listed by Susan Chopra of Primus Realty

MLS Number 72625418

• Multi-Family 2 Family - 2 Units Up/Down
• Total Parking Spaces 6
• MLS Status Active
• Year Built 1933
• Bedrooms 6

This multi-family home has been refurbished to a state of pristine beauty and made to be contemporary in design. Gorgeous updates include shiny hardwood flooring through-out, freshly painted walls, modern windows, inset lighting, new hot water heater, & forced air heater and AC systems. Each unit has 3 full bathrooms, dining room, large living room, family room, back porch, and a new superbly designed kitchen: SS appliances, lots of cabinet space, huge refrigerator, five-gas burner stove with fryer, dishwasher, sink with disposal, marble countertops, with outlets every few feet along countertop areas. Unit 1 has 2 bedrooms, (w/ Master bed), a huge finished lower level with full bath and laundry area. Unit 2 has 2 floors, 4 bedrooms (w/ Master Bed), & laundry room. Home has a 2-car garage, & 4 off-street parking. Location is within close range to Tufts Univ, Davis Sq. Red Line providing easy access to Harvard, MIT, and Boston. Many quality restaurants and shops are nearby.

Listed by Hong Shuang Ma and William Thompson of eXp Realty

MLS Number 72620915

• Multi-Family 5-9 Family
• MLS Status ACT
• Year Built 1900
• Bedrooms 6

Approachable Somerville 6 family at 300K/unit near Union Sq and Prospect Hill, one of the hottest neighborhoods around. This rare to market 6 unit property consists of three 2 room studios and three 1 one bedroom apartments. Conveniently located just one block from bustling Union Square which will soon be home to the new Green Line extension. The neighborhood boasts many great shops and restaurants including the recently established Bow Market. The Union Square Redevelopment has steadily added to the upward trajectory that Union Square has been experiencing and is poised to add 2.4 million sqft of office, retail and lab space. All apartments have leases in place ending on varying dates in the summer of 2020. Annual gross rents exceed $110,000 with significant value add opportunity. Roof replaced 2007, boiler 2012 & hot water 2019. Don't miss this fantastic opportunity!

Listed by Adam Umina and Mark Pearlstein of Metro Realty Corp.

MLS Number 72620147

• Multi-Family 2 Family
• Total Parking Spaces 6
• MLS Status ACT
• Year Built 1920
• Bedrooms 5

Investors take note! Don't miss your opportunity to own a 2 family home in Somerville just down the street from Tufts University. this property is on a double lot that offers plenty of off street parking and close to public transportation. Unit #1 offers 2 bedrooms, a living room and kitchen. Unit #2 offers 3 bedrooms, living room, kitchen. Separate utilities for each unit, with washer dryer hook ups.

Listed by Drew Duffy of Berkshire Hathaway HomeServices Verani Realty

MLS Number 72614135

• Commercial
• MLS Status Active

BUILDING NOT FOR SALE. Business for sale, We have a convenience store available for sale on Boardway, Somerville, MA. The store is located near Sullivan Station and is not too far from Encore. 3 years remaining on current lease term with option to renew for 5 more years. Gross Lease for $3,600. Any addition information can be provide upon request.

Listed by Roody Lambert of Boston Trust Realty Group