Somerville Multi-Family

MLS Number 73287759

• MultiFamily
• Bedrooms 99
• Bathroom 198
• Parking Spaces 20

Developable five story mixed use development project. Possible buildout w/ typical construction will allow up to 28 units and approx 31,970 gross sq ft of building and approx 1,125 average per unit size or building as a net zero building...You can put up to 37 maximum units with approx 577 sq ft more or lessincludes 2 parcels w/ over 11,000 sq ft of land, being sold as a package. Zoned mr5. Addtnl commercial space of up to 5000 sq ft is allowed. One parking space required per unit...There is enough for up to 23 spaces on site. Specital permit for relief regarding parking needed to achieve maximum number of units. Seller will wait for buyer to receive project approvals before closing. Buyer responsible for all fees incl but not limited to architects fees, attorney fees etc necessary to obtain approvals. Affordable requirement for city of somerville is 20%. Great location rated a walker's paradise score of 95. Insanely convenient...Under a mile to green and orange line subway stops!

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

MLS Number 73218290

• MultiFamily
• Bedrooms 8
• Square Feet 4,660
• Parking Spaces 3
• Property SubType 5-9 Family

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

MLS Number 73235507

• MultiFamily
• Bedrooms 9
• Bathroom 9
• Square Feet 5,096
• Parking Spaces 6

Discover the best deal in Somerville! Priced at $520 per square foot, this property includes garage parking and presents a 1031 Exchange Opportunity. Three custom-designed townhouses stand side by side, each with two garage spaces. An award-winning developer has crafted each home with a chef's kitchen featuring Bertazzoni ranges, stainless steel appliances, and gleaming hardwood floors. The open-concept living room, dining room, and kitchen lead directly to a walk-out patio. On the second level, there are two bedrooms, laundry facilities, a full bathroom, and an office nook. The top floor boasts a spacious primary bedroom suite with two walk-in closets, a double vanity, additional cabinet storage, and a spa-like walk-in shower. Each unit features a private balcony off the primary bedroom, offering unobstructed views of the Mystic River and Encore Casino. Constructed in 2018 with soundproofing and a fire sprinkler/alarm system, the building is currently fully occupied.

Listed by Boston RE Group and Heather Olin of Coldwell Banker Realty - Boston

MLS Number 73286267

• MultiFamily
• Bedrooms 7
• Bathroom 5
• Square Feet 3,632
• Parking Spaces 2

Imagine owning a multi-family home renovated to luxury condominium standards. 207 Highland Avenue offers just that—nothing to do but move in and/or rent the units. Unit 1 features 3 bedrooms, 2 full bathrooms, a gas fireplace, a recreation room, and a fantastic lower-level primary suite. Unit 2 boasts 4 bedrooms, 3 full bathrooms, a cozy office, a front porch and back deck, and a beautiful master suite with soaring ceilings. Both units showcase bright open spaces, luxurious kitchens with quartz countertops, well-appointed bathrooms, engineered European oak floors, and central air conditioning. The property includes a 4-car detached garage and a driveway for additional parking. With a Walk Score ® of 93, this location is near Davis Square, Porter Square, and the Lowell St. Green Line stop, offering unparalleled convenience and elegance. Multi-family properties like this rarely become available. Don’t miss out on this exceptional opportunity!

Listed by Mike Cohen of Compass

MLS Number 73257293

• MultiFamily
• Bedrooms 16
• Bathroom 6
• Square Feet 6,744
• Property SubType 5-9 Family

Over $181,000 in gross rents with projections over $200,000! HIGHLY DESIRABLE SOMERVILLE LOCATION! Rare large six family property near where Cambridge, Somerville, Arlington and Medford meet. This professionally managed building consists of (2) 2 bedroom units and (4) 3 bedroom units with strong rental history fully tenanted with leases. The units and rooms are large. Utilities are separated by unit and tenants pay their own heat and electricity Owner provides coin operated laundry in basement. There is plenty of on street permit parking and you are close to the shops and restaurants and public transportation on Broadway in Somerville or on Mass Ave in Cambridge. Also close proximity to Tufts University, Harvard University and MIT.

Listed by Lori Orchanian of Coldwell Banker Realty - Belmont

MLS Number 73270853

• MultiFamily
• Bedrooms 9
• Bathroom 4
• Square Feet 3,115
• Parking Spaces 6

A very unique investment opportunity in the heart of Somerville! Estimate 7-8 % cap rate with market value rentals approx $150,000.00 per year.This mixed-use property on Pearl Street and 18 Flint Ave boasts 3 spacious residential units and 1 commercial unit, offering diverse income streams. Located in an up-and-coming area, it’s perfect for investors looking to capitalize on the potential for both fix-and-flip and long-term strategy. Situated on bustling Pearl Street in Somerville, the property is surrounded by new developments, trendy shops, and eateries, enhancing its appeal. Whether you're looking to renovate and sell for a profit or hold for consistent rental income, this property offers flexible investment opportunities. Don't miss out on this rare find in a rapidly developing area. Secure your foothold in Somerville's thriving real estate market today! Group Showing schedule for next week. Group Showing Friday 4:00-5:30 - Saturday 1:00-2:30.

Listed by Viviane Alvarenga of Century 21 North East

MLS Number 73223072

• MultiFamily
• Bedrooms 9
• Bathroom 6
• Square Feet 5,467
• Property SubType 5-9 Family

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.

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

MLS Number 73250247

• MultiFamily
• Bedrooms 10
• Bathroom 9
• Square Feet 6,542
• Parking Spaces 4

Permits approved and shovel ready! This exciting new construction opportunity is featuring four units in the highly sought-after, transit-oriented Magoun Square location. Meticulously designed by an award winning firm, this project offers 8,816 gross square feet across a three-unit main building and an amazing backyard cottage. This development promises a blend of modern convenience and architectural excellence. The project will be delivered fully permitted and shovel-ready, ensuring a quick start to construction. Don't miss out on this exceptional opportunity in a prime location.

Listed by John Raposo of Encompass Property Solutions LLC