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Somerville Multi-Family

250-256 Somerville Avenue Somerville MA 02143

MLS Number 73222468

  • MultiFamily
  • Bedrooms 24
  • Bathroom 12
  • Square Feet 13,543
  • Parking Spaces 12

Prime investment opportunity in bustling Union Square! This 12-unit apartment property with 16 parking spaces is a cash flowing dream property! Immediately proximate to the new Union Square train station and significant area improvements to infrastructure, commercial property, and community spaces. All apartments are presently graciously sized two bedrooms, mostly updated, several with in-unit laundry (coin-ops also in basement). The current leasing season is supporting projected gross rents of approximately $580,000. Historical operating expenses of about $65,000. Projected NOI from operations of $515,000! Projected gross rents based on units renting at $3,950 and 4 parking spaces at $300. Private showings for qualified buyers only.

Listed by William Senne, Moises Martinez and Moises Morin-Martinez of Senne

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$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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21 Allen Street Somerville MA 02143

Somerville, MA21 Allen Street

Price$8,790,000

Est. Mortgage: $/month

MLS Number 73211289

  • MultiFamily
  • Bedrooms 76
  • Bathroom 91
  • Square Feet 47,572

The Ropewalk is a 69-unit multi-family development in the heart of Union Square, adjacent to the newly opened MBTA Station. The arrival of the Green Line Transit Station has precipitated a rapid transformation of the Square. The Square's $2 billion, 3.8 million SF master-planned development, coined USQ spans 20 acres and includes 2.4M SF of lab and innovation space,150,000 SF of retail and restaurant space, and 4.7 acres of vibrant open spaces. Phase I was delivered by Magellan Development in Q3 2023 with future phases set to break ground in 2024. Boynton Yards and Somerville Gateway which border Union Square to the east and south are complimentary master-planned developments adding a combined 4.1 million SF state-of-the-art life sciences/biotech, hotel, and retail spaces to the broader neighborhood. The project is in a qualified OZ and has been permitted as a Passive House project; set to achieve the highest level of sustainability. Approvals allow for either apartments or condos.

Listed by Fortune RE

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$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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6-8-10-12 Liden Street Somerville MA 02143

MLS Number 73214061

  • MultiFamily
  • Bedrooms 12
  • Bathroom 8
  • Square Feet 4,592
  • Parking Spaces 2

A 4-unit new construction building with approximately a 7% cap rate on the invested money presents an excellent opportunity for investors or owner-occupiers seeking profit and long-term growth. It benefits from having condo documents in hand, leading to savings on property tax. Additionally, it can be sold as individual condominiums. Each unit features two levels, three bedrooms, and three baths. The house unit has a rooftop. It is conveniently located approximately 1.8 miles from Harvard Square Cambridge. The MBTA train station is just 0.3 miles away.it will be delivered with occupancy certificate.

Listed by Viviane Alvarenga of Century 21 North East

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$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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84-86-86r Cross Street Somerville MA 02145

Somerville, MA84-86-86r Cross Street

Price$2,979,900

Est. Mortgage: $/month

Open House

MLS Number 73218290

  • MultiFamily
  • Next Open House: Sat 04/13 11:30 am. to 1:00 pm.
  • Bedrooms 8
  • Square Feet 4,660
  • Parking Spaces 3

SIX TOTAL UNITS...EXTENSIVELY RENOVATED FOUR FAMILY AND TWO FAMILY PACKAGE IN PRISTINE CONDITION... UNDER HALF MILE TO NEW GREEN LINE AND JUST OVER HALF MILE TO ORANGE LINE. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. FANTASTIC LOCATION. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l

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: 6.88% last updated on Apr 11, 2024
* 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 Pearl Street Somerville MA 02145

MLS Number 73210995

  • MultiFamily
  • Bedrooms 9
  • Bathroom 6
  • Square Feet 5,250

Great Opportunity to purchase a sunny, well maintained 6-Unit building in East Somerville on a spacious and private lot near Sullivan Station/Orange Line. Home has been owned by same family for over 50 years and is an Estate Sale Sold "As Is". The warm and inviting well laid out multi-family has a front lobby with wainscoting leading to a charming central staircase with spacious landings. Building has three levels with two units per floor. Five of the six units have four rooms, three are two bedroom units and two are one bedroom units with a bonus room. Sixth Unit is three rooms. All units enjoy a walk-in pantry/closet as well as a composite deck off the kitchen with considerable privacy from neighboring properties. The basement has an outside entrance and is also accessed internally through a shared clean and bright back hall through the kitchen. Rear hallway has a sky-light and new carpeting. Floor Plans Available. Open House Today Saturday March 30, 2024 from 1145am to 130pm.

Listed by William W. Brennan of Greater Metropolitan R. E.

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$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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55 Montrose Street Somerville MA 02143

Somerville, MA55 Montrose Street

Price$2,215,000

Est. Mortgage: $/month

Open House

MLS Number 73217946

  • MultiFamily
  • Next Open House: Sat 04/13 1:30 pm. to 2:30 pm.
  • Bedrooms 6
  • Bathroom 4
  • Square Feet 3,597

Newly renovated luxury 2-family available in Winter Hill, Somerville, just one-block to the new Gilman Station green line T stop. Just under 3,600 sq ft of open floor plan living across four levels with two 3-bedrooms, 2-full bathroom units. Modern kitchens with Bosch refrigerator, cooktop and dishwasher, plus GE Profile wall oven and microwave. Quartz countertops, shaker cabinets, fireplace, white oak hardwood floors, dry bar, central air dual zone heating/cooling systems, tankless hot water on-demand, and laundry hook-ups in-unit. Beautiful patio, porch and tandem parking for 3+ cars. Some photos have been virtually staged.

Listed by Sage Jankowitz of RE/MAX Destiny

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$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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152 Cross Street Somerville MA 02145

Somerville, MA152 Cross Street

Price$2,200,000

Est. Mortgage: $/month

Open House

MLS Number 73223072

  • MultiFamily
  • Next Open House: Sat 04/13 11:30 am. to 1:00 pm.
  • Bedrooms 9
  • Bathroom 6
  • Square Feet 5,467

Attention Investors and Developers. Welcome to 152 Cross St, Somerville - a meticulously maintained 6-unit building nestled in the heart of one of Somerville's most desirable neighborhoods. Conveniently located just steps away from shops, restaurants, parks, and public transportation, 152 Cross St offers the perfect blend of suburban tranquility and urban convenience. Don't miss your chance to purchase this property which offers great CASH FLOW! The property has many updates including all newer water heaters, 4 newer heating systems, and a BRAND NEW ROOF. All units are tenants at will. Open House Saturday 4/13 and Sunday 4/14 from 1130-1pm.

Listed by DNA Realty Group and Natella Cacete of Keller Williams Realty

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$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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64 Winslow Avenue Somerville MA 02144

Somerville, MA64 Winslow Avenue

Price$1,999,999

Est. Mortgage: $/month

MLS Number 73167358

  • MultiFamily
  • Bedrooms 10
  • Bathroom 4
  • Square Feet 4,467

SELLER WILL ENTERTAIN OFFERS BETWEEN $1,800,000 AND $1,999,876. Location! Location! Location! Rare 4 family investment property located in the heart of Davis Square on lovely tree-lined street. Current strong income situation for an investor with great upside potential. Spacious units with tile baths and kitchens, 3 units with in unit laundry, hardwood floors throughout most units. The first floor units have 2 bedrooms and the upper floor (2 level units) have 3 bedrooms. Walk score of 97, close to public transportation, the Somerville Community Bike Path, Tufts University, restaurants, coffee shops, shopping, and all the nightlife Davis Square has to offer. All 4 units have one year leases. Great opportunity for the savvy investor to add this prime Somerville location to their portfolio.

Listed by Shane Marrion of Benoit Real Estate Group,LLC

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$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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19 Boston Street Somerville MA 02143

MLS Number 73201821

  • MultiFamily
  • Bedrooms 7
  • Bathroom 5
  • Square Feet 3,465
  • Parking Spaces 5

Welcome to your next investment opportunity in the heart of a sought-after location! This charming 2-family house boasts immense potential, offering versatility to be converted into a spacious single-family home, accommodating 3 separate families, or transformed into desirable condominiums. Move-in condition and well-maintained. Situated within walking distance to the union square mbta station, this prime location provides convenient access to boston and is surrounded by prestigious educational institutions such as harvard and mit, ensuring top-tier schooling options. Additionally, proximity to renowned hospitals adds to the appeal of this property. Don't miss out on the chance to make this versatile gem yours and unlock its limitless possibilities!

Listed by Marcia Pessanha of eXp Realty

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$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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149 Pearl Street Somerville MA 02145

Somerville, MA149 Pearl Street

Price$1,800,000

Est. Mortgage: $/month

MLS Number 73172685

  • MultiFamily
  • Bedrooms 11
  • Bathroom 4
  • Square Feet 4,491
  • Parking Spaces 2

Discover the perfect blend of convenience and comfort in this owner-occupied 4-family gem nestled in Somerville. Boasting separate utilities for each unit, this property ensures efficiency and ease. Located just moments from the train station, commuting becomes a breeze. Embrace the vibrant neighborhood with an array of restaurants and shops at your doorstep. Proximity to hospitals adds an extra layer of convenience. Don't miss the opportunity to own this versatile property offering both a cozy home and income potential. Welcome to the epitome of city living in Somerville!

Listed by Marilene Araujo of United Brokers

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$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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241 Highland Avenue Somerville MA 02143

Somerville, MA241 Highland Avenue

Price$1,800,000

Est. Mortgage: $/month

MLS Number 73221310

  • MultiFamily
  • Bedrooms 3
  • Bathroom 3
  • Square Feet 4,247
  • Parking Spaces 1

This meticulously maintained three-family building boasts a prime location and is fully leased to a vibrant community of young professionals. Additionally, it features coveted retail space on the ground floor, across from Somerville Hospital, offering endless possibilities for entrepreneurial ventures. Key Features: Fully Leased: Enjoy immediate returns on your investment with all three residential units occupied by young professionals. This ensures a steady stream of rental income from day one. Prime Location: Situated in the heart of Somerville, this property benefits from the bustling atmosphere of Highland Ave. With convenient access to public transportation, restaurants, and amenities, it attracts tenants seeking convenience and lifestyle. Retail Space: The first floor presents an exciting opportunity for retail businesses to thrive across from Somerville Hospital. Whether it's a cozy cafe, boutique shop, or professional office, this versatile space offers endless pot

Listed by Junyu Luo of Harmony Hill Realty LLC

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$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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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47-49 Glenwood Road Somerville MA 02145

Somerville, MA47-49 Glenwood Road

Price$1,799,900

Est. Mortgage: $/month

Open House

MLS Number 73217674

  • MultiFamily
  • Next Open House: Sun 04/14 12:30 pm. to 2:00 pm.
  • Bedrooms 6
  • Bathroom 4
  • Square Feet 3,500

Firmly priced, this exceptional one of a kind large spacious Mansard style 7+6rm 2F has all the bells & whistles! Experience the aesthetic details of a victorian combined w/the ambience of a condo. Each unit features 3 bdrms, & custom details inclusive of a fully appl'd granite & maple cab kit, 2 full tiled baths, high ceilings, & generously proportioned rms. Un1 is virtually staged w/an open Kit/DR area, breakfast island, double entry slding glass door opening to a spacious outdoor deck, 2 liivng areas, a bonus garden level food prep & entertainment area w/full size wine rack, sink, disposal, accessory refrigerator & laundry rm. Un 2 features a parquet dining area, a step down fully appl'd cab kit w/a back hall pantry closet, a spacious LR and or BR w/walk in closet, & front covered balcony. Un 2 upper level features a large spa style bath & 2 add'l BR's. Bonus: armoire, outdoor shed, & 3 bay gar w/elec doors incl. Truly a gem. See Firm remarks for more details.

Listed by The iBremis Team and Irene Bremis of LAER Realty Partners

$
$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

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