Exclusive Developer/Contractor/Investor Development Project: Shovel-ready Two luxury condo units in a prime Davis Square location. Ready for immediate renovation with substantial ROI potential. 4+ car parking, decks, and dedicated patios. Stunning architectural design by a top Somerville firm. Permits nearing approval. The owner will provide support throughout the construction phase as needed by Buyer. Contact agent for detailed plans & condo docs.
Explore this exceptional multi-family property in Somerville, MA. This property boasts two generously sized & recently updated apartments. Numerous rooms have been newly painted. The units showcase a variety of flooring options, including elegant hardwood, stylish tile, & plush new (2022) wall-to-wall carpeting. The expansive kitchens have been updated with modern countertops & cabinets, while the bathrooms exude a contemporary flair. This property features seven sunlit bedrooms, providing ample space for residents.Additionally, you'll find bonus rooms that can serve as home offices, walk-in closets, or convenient mudrooms, adding versatility to the living spaces. Situated in an ideal location, this property offers easy access to public trans options such as the T and bus routes & major highways. It's just minutes away from Tufts, MIT, & Harvard Univ.
Great investment or for owner occupied Multi located in sought after neighborhood in Somerville! This Large property has been lovingly maintained and cared for throughout the years by the same family. Seller says it’s time to pass the torch to new owner! 3 bdrms, country Kit, DR with built-in china cab.LR(could be 4th bdrm),1bth,walk in pantry(could be converted to 2nd bath w/shower. Lots of potential to generate more revenue. There are 3 sets of washers and dryers available for the tenants use. All refrig. stoves and washer & dryers will be conveyed with the property. Some of the most recent updates include vinyl siding, 3 newer back porches with composite flooring, windows, some new appliances, central air in each unit, light fixtures and bthrm vanities in some of the units as well as a new walkwy. All this in a Premium Location on the Cambridge line in close proximity to Harvard Sq, Central Sq, Inman Sq, Porter Sq, Lincoln Park, Union Sq, Whole Foods, new T Station and more!
3 Family with significant development potential near Harvard. 60-62 Line Street is just blocks to Harvard Square, CHA Cambridge Hospital, Union Square, and Inman Square. With a large 9,000+ sq ft lot, there is potential to develop 6+ units with 6 parking spots on the property. Feasibility study is available upon request. The lot currently contains a 3-family property with 6 beds and 3 baths and has over 3,000 sq ft of living area. The first floor unit has a tenant at will. The second and third floor units are vacant. Extremely unique opportunity for both developers or primary buyers looking to build their dream home with or without rental income. Located on a quiet one-way street but just minutes to cafes, shops, restaurants and public transportation. Opportunities like this do not come along often. Buyers to do their own due diligence regarding any development opportunities.
This property presents a fantastic opportunity for investors seeking a well-located asset in a thriving neighborhood. Just minutes from Davis Square, this home is perfectly positioned for access to the Red Line T station, local restaurants, and a lively array of shops. It’s also conveniently close to Tufts University, making it ideal for student housing or rental opportunities for academic professionals!The exterior features custom iron work railings, offering unique curb appeal, while inside, the property is adorned with beautiful antique chandeliers that enhance its classic charm. In addition to its character, the home offers ample closet space, providing practical storage solutions throughout.Whether you’re interested in maintaining its vintage character or updating it to suit modern tastes, this property offers incredible flexibility.With its mix of character, proximity to Tufts and Davis Square, and future possibilities, this property is a rare find in today’s market.
Nestled in the highly sought-after Spring Hill neighborhood of Somerville.This home offers incredible versatility. 2,797 sq ft of living space. Originally a 3-unit building, it’s now zoned as a two-family home with fantastic rental history. Unit 1 on the first floor features 2 bedrooms, 1 bathroom, an updated kitchen, and a private deck perfect for relaxing. Unit 2 spans two levels, boasting a large updated kitchen, family room, sunroom & deck on the first level, with 1 bedroom and 1 bathroom. The second level offers 3 additional bedrooms and 1 bathroom. Gleaming hardwood floors run throughout all levels, adding warmth and character. Located within walking distance to T stations, Davis Square, and Porter Square, and near some the country’s top universities and hospitals. Prime location for both homeowners and investors. Somerville was recently ranked by Fortune Magazine as one of the top places for families to live in the U.S., offering a vibrant community and unbeatable convenience.
Calling all developers and Investors! Opportunity knocks to buy two parcels in Somerville. One lot has a nice two family and the second is a vacant lot - the possibilities for future use are endless. Zoning may allow up to six units on these parcels.
**INTRODUCING 25 GREENE STREET** This Turn key investment 2- Family house in prime Spring Hill location. 25 Greene St offers a lucrative investment opportunity with upgrades throughout. 2 New Navien tankless combi-boilers Both units are drenched in sunlight and boast recently updated kitchens and baths. First floor possesses a large 1 bedroom 1 bath with eat in kitchen, granite/stainless, gleaming hardwood throughout, bay windows & basement laundry. 2nd/3rd floor duplex offers a 3 bedroom 1 bath main level w/ kitchen, living room & 1 bedroom. gleaming hardwood, granite/stainless, dining area, living room, bay windows, 2 third floor bedrooms, laundry in unit. This prime location is just minutes from the bustling Union, Davis, and Porter Squares. This property puts you in the heart of the action. 92 Walk Score! 90 Bike Score! & 82 Transit score!!
Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last long—act now to secure your investment in this desirable neighborhood!
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!
MAJOR PRICE Improvement! -------EXCEPTIONAL FOUR-FAMILY opportunity between Inman Square and Union Square. TWO ATTACHED TWO-FAMILY homes -with separate entrances- are being offered for sale as a package. Lots of residential options- Multi-generational living, live in one and lease the other out, or keep them as 4 rental dwellings. This property has been cared for by the same family for over 50 years. Off street parking on paved driveway of #15 is shared by all tenants. The green backyard space on this 8400 SF lot invites different possibilities. Common laundry in shared basement. #15 and #17 Oak St. are separately assessed for taxes by Somerville and are shown as combined. Visit attached interactive interior floorplans. Group showings to be scheduled. Please check out the 3D Tour attached.
The property is situated about a half-mile from the Gilman Square and the MBTA Green Line station. This five-unit multifamily property features a variety of floor plans across three levels, along with parking for two vehicles. The unit mix comprises of two (2) one-bedroom units, two (2) two-bedroom units and one (1) three-bedroom unit.
INVESTORS-UNDER ASSESSED VALUE! Discover the best opportunity in Somerville at only $520 per square foot. This property includes 6 garage parking spaces and is perfect for a 1031 EXCHANGE OPPORTUNITY. Three custom-designed side by side townhouses, each with two garage spaces. An award-winning developer has crafted each home with a chef's kitchen featuring Bertazzoni ranges, SS 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, and a spa-like walk-in shower. Each unit features a private balcony with unobstructed views of the Mystic River and Encore Casino. Constructed in 2018 with soundproofing and a FIRE SPRINKLER/ALARM system, Amenity Score 8.3 Walk Score 7.8 Park Score 9.8 Schools 9.8 Wellness 8.8.
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.
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
Somerville is located in Massachusetts. Somerville, Massachusetts has a population of 80,608. Somerville is less family-centric than the surrounding county with 28.2% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Somerville, Massachusetts is $108,896. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Somerville is 31.8 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 48 inches per year, with 51.4 inches of snow per year.
