Introducing a brand-new Construction 9-unit multifamily ELEVATOR building by Somerville's premier developer, featuring Victorian-inspired architecture and modern craftsmanship. The building includes a mix of two 1-bedroom, two 2-bedroom, and five 3-bedroom units, ideal for rental investment. Additionally, there are 6 garage parking spots, providing secure and convenient parking for residents. With a projected rent roll of $36,000 per month, this property offers strong rental income potential. Residents will also enjoy the beautiful common areas, including a brick patio and a bike rack. The property is a 10-minute walk to the Gilman Station T stop. Rental and condo resale proformas are available upon request. Reach out for your tour today!CALL FOR OFFERS 1/27/25 -12PM
Unique opportunity to own a well-cared-for, southern sun filled 2-family with beautiful mix of hardwood & yellow pine floors, tall ceilings, and excellent natural light. Steps from Somerville's Gilman Sq T & bike path, in a walkable neighborhood with cafes, shops, & restaurants, yet offering front, side, & back yards for peace & privacy. Backyard w/ weeping cherry, space for a veggie garden, & negotiable blueberry bushes (or will be removed). Owner's unit (2 flrs) features 5 BR/1.5 BA, solar panels, large Trek deck, modern kitchen w/ SS apps. Entire house has 2 newer air-source heat pumps per floor (6 total) for A/C in summer & heat in winter (can be sole heat source). Newer gas furnaces (1 new in '24), shared H2O w/ tankless system installed '23. Grizzl-E EV level 2 charger installed '24. Each unit has W/D, upstairs has unfinished laundry rm. Walk Score 91, Bike Score 94. Great investment or live w/ rental income potential! A must see! 4 open houses, offers due Monday Jan. 27 by 5pm.
Investor's Dream in the Heart of Somerville! This charming three-family home offers an exceptional opportunity for investors or developers. Located in a prime location, you’ll have access to public transportation right outside the door, making commuting a breeze. The property includes parking for 3 cars, plus potential additional spaces in the back, providing ample off-street parking for tenants or guests. With the potential to convert into condominiums, this is a rare find in Somerville. The house is being sold as is, offering you the flexibility to renovate and maximize its value. Whether you’re looking to expand your investment portfolio or take advantage of a prime location for redevelopment, this property is filled with potential.
Quintessential triple-decker in Winter Hill!!! 146-148 Jaques St. could offer a unique opportunity for developers, as the property has been vacant for over 12 months and the seller has obtained a preliminary condo conversion permit from the city of Somerville. With no existing tenants in place, it also provides buy-and-hold investors with an open canvas to enhance the existing living space and heighten the bedroom count in a less extensive rental-focused renovation. Regardless of your approach, the lot size is large enough to support substantial off-street parking and the interior condition of the building doesn't necessitate a full gut-rehab. All three units uniformly offer high ceilings, traditional hardwood flooring, and functional floorplans accentuated by expansive LR/DR combos. Additional property features include front decks on each level, rear sunrooms, separately metered gas/electrical and a large, partially finished basement spanning the entire footprint of the structure.
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!
Exclusive Developer/Contractor/Investor Development Project: PERMITS APPROVED! 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. The owner will provide support throughout the construction phase as needed by Buyer. Contact for detailed plans & condo docs.
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. Check out one of the hottest east somerville neighborhoods a stones throw form the new green line T stop! You can get anywhere from here without a car! Condos in this immediate area are selling for top dollar! don't miss out invest today in the future!
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!
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.
