Somerville Investment Properties

Somerville, located just outside of Boston is the most densely populated municipality in New England. With the constant influx of students, young professionals and the recent boom of development, there is a virtually never ending demand for rental living. With billions of dollars being invested into Assembly Row and the Union Square Green Line Extension, now is the time to buy! Experts are predicting that rents could increase as much as 25%.

Elevated Realty works with hundreds of experienced and qualified investors, giving us access to investment properties before they even hit the market. So whether you are a first time investor, or a landlord with multiple properties, it's a great idea to have one of our agents at your side. Remember, it does not cost you anything to have one of our agents represent you as a buyer!

Somerville Investment Property

If you are interested in purchasing an Investment property in Somerville or the Greater Boston area and would like more information, contact us today!

Listings on our site are added hourly by the MLS, so you'll always find the most current properties here. Log in or register to be automatically notified when new properties (matching your criteria) hit the market and to save your search for easy access to current listings.

24 Robinson Street, Somerville, MA 02145

Price$849,900

Est. Mortgage: $/month

Open House

MLS Number 72349138

  • Multi-Family 2 Family
  • Next Open House: Thu 21st 11:30 am - 12:30 pm
  • Year Built 1900
  • Bedrooms 5

Attention contractors, developers, and end users excellent opportunity. Solid two family on a tree lined street in Somerville very close to two new proposed Green line extension stops. First floor has two bedrooms,one bath with hardwood floors. Second unit has two floors with 4 bedrooms, one bath and hardwood floors. Property needs some TLC and is sold in as is condition. Group showings only. Offers due Tuesday 6/26 at 1:00pm.

Listed by Ed Greable & Company and Ed Greable of Keller Williams Realty

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Elevated Realty LLC
174 Dorchester St.
Boston MA, 02127
Office: 617-701-6300

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.62% last updated on Jun 14, 2018
* 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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3 Maple Avenue, Somerville, MA 02145

Price$1,350,000

Est. Mortgage: $/month

MLS Number 72349742

  • Multi-Family 4 Family
  • Year Built 1900
  • Bedrooms 6

Winter Hill location. Solid 4 family (3/3/5/5) for sale in Somerville. First floor consists of 2 units of 3 rooms each. Second floor has 2 units of 5 rooms each. Both 5-room units consist of 2 levels of living space, with the bedrooms on the top floor. Some units have eat-in kitchen. Located at a dead end street. Public transportation is right at the corner. Walking distance to Somerville High School. Close to HWY 93 and Assembly Row. The PROPERTY is to be sold in "as is" condition as shown. Buyer's and or Buyer Agent's due diligence. Please give at least 24 hour notice to show.

Listed by Derek Wong of V & E Realty

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Elevated Realty LLC
174 Dorchester St.
Boston MA, 02127
Office: 617-701-6300

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.62% last updated on Jun 14, 2018
* 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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35 Winslow Avenue, Somerville, MA 02144

Price$1,150,000

Est. Mortgage: $/month

Open House

MLS Number 72349667

  • Multi-Family 2 Family
  • Next Open House: Thu 21st 11:30 am - 12:30 pm
  • Year Built 1900
  • Bedrooms 5

You can’t get closer to Davis Square than this! Oversized two family in need of full renovation. This property is loaded with potential! Over 3,000 sf of living space. Unit one features 5 rooms, 2 bedrooms and 1 bath. Unit two is two levels with 9 rooms, 3 bedrooms and 2.5 baths. Hardwood floors, separate heating systems, porches and two car parking. Charming residential street literally steps to Davis and the Red Line. Great opportunity for contractors, developers or anyone looking to take on a project, being sold “as is”. A property with this type of investment potential in this incredible location doesn’t come along often. Don’t miss out!

Listed by Joanne McDonnell of RE/MAX Leading Edge

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Elevated Realty LLC
174 Dorchester St.
Boston MA, 02127
Office: 617-701-6300

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.62% last updated on Jun 14, 2018
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

67 Lowell Street, Somerville, MA 02143

Price$1,249,000

Est. Mortgage: $/month

Open House

MLS Number 72345192

  • Multi-Family 2 Family - 2 Units Up/Down
  • Next Open House: Sun 24th 12:00 pm - 1:30 pm
  • Year Built 1885
  • Bedrooms 4

Attention investors, developers and end users. Don't miss this rare huge 2 family located just blocks from Porter Square. This super convenient, well maintained 2 family features a traditional 5 room 2 bedroom apartment on the first floor with hardwood floors, washer/dryer hookup in basement and rear porch. The 2nd unit has the potential to be a 9 room unit or a 5 room unit as currently occupied. At present the 2nd unit has 5 rooms, 2 bedroom and 1 bath. It features hardwood floors, natural woodwork, closed in front porch and a rear porch. There is a third level with 4 rooms, bath, and rear porch. This can be kept by new owner as private space or can become part of the the 2nd level apartment. Not currently being occupied. Lots of potential! There is tandem parking for up to three cars and a front garden area and manageable backyard. Both units are leased through August 31. Roof is approximately 5 years old and there are many replacement windows throughout.

Listed by Patti Brainard and Stella Marifiote of Coldwell Banker Residential Brokerage - Cambridge - Huron Ave.

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Elevated Realty LLC
174 Dorchester St.
Boston MA, 02127
Office: 617-701-6300

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.62% last updated on Jun 14, 2018
* 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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160 Broadway, Somerville, MA 02145

MLS Number 72344245

  • Multi-Family 5-9 Family
  • Year Built 1880
  • Bedrooms 24

Originally built in 1880 as four prominent attached row houses. Each comprising of one main floor commercial storefront and residential units above. Today, the historic charm of the building remains and is being sold as one investment. The property is comprised of 8 residential units and 4 commercial bays. One store is occupying the entire commercial space and will be vacating. The residential units above each commercial space are a one- level, 2 bed/1 bath and above that, a two-level, 4 bed/ 1 bath with an open floor plan. Many units have exposed brick and all have hard wood floors. All the residential units were updated approximately 20-25 years ago to include windows, new trim and doors, floors, walls and ceilings. At the same time, the electric service was updated to 200 amp service per unit and all electric baseboard heat with separate zones, providing separate utilities - except one unit that has gas heat and cooking. All units also have separate hot water heaters.

Listed by The LIV Group, Bill Scott, Denise Price and Tim McDonald of ePlace

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Elevated Realty LLC
174 Dorchester St.
Boston MA, 02127
Office: 617-701-6300

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.62% last updated on Jun 14, 2018
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

31 Moreland Street, Somerville, MA 02145

Price$750,000

Est. Mortgage: $/month

MLS Number 72343215

  • Multi-Family 2 Family
  • Year Built 1910
  • Bedrooms 4

Great investment and/or development opportunity! Multi-family with huge expansion potential. Unit 2 can easily be enlarged with remodeling and fully utilizing the 3rd floor. Walkout basement with tall ceiling height and extra large windows is ready for finishing and the addition of living space. Units have old world charm with built-in china cabinets, nice woodwork, gleaming hardwood floors, and good ceiling height. Eat-in kitchens, slate roof, over-sized decks, large back yard. One newer gas heating system. Group showings: Monday June 11 at 6PM, Tuesday June 12 at 6PM, Wednesday June 13 at noon, Thursday June 14 at 6PM. Group showing: Saturday 12-1:30. Seller to review all offers Monday June 18 at 2PM

Listed by Shane Marrion of Benoit Real Estate Group,LLC

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Elevated Realty LLC
174 Dorchester St.
Boston MA, 02127
Office: 617-701-6300

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.62% last updated on Jun 14, 2018
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

5 Upland Road, Somerville, MA 02144

MLS Number 72342557

  • Multi-Family 2 Family - 2 Units Up/Down
  • Year Built 1920
  • Bedrooms 5

TREMENDOUS opportunity to LIVE IN A 2-family Next door to Tufts University in Somerville. This property offers options for the owner-occupant, investor or developer. #1 contains an entry hall, 2bedrooms, living room, dining room with beautiful built-in china cabinet, and eat-in kitchen with pantry. #2 consists of two floors with an entry hall, 3 bedrooms, living room, dining room, updated eat-in-kitchen with built-in desk area, enclosed porch, and plenty of attic storage including a cedar closet. Wood floors and NEW windows throughout and TWO brand new HEATING SYSTEMS. Trim is original unpainted Gumwood. Full basement. Off-street parking for TWO CARS and a back yard for grilling or gardening TOO!. WOW! This Two Family Home is perfect for anyone that is attending the University Academic school year. Less than a 3 min walk to class, 10min walk to Davis SQ, RED LINE M.B.T.A.Train Station and two stops to Harvard sq. Also a possible condo conversion for both units. sell one live in one!

Listed by Lori Pavidis and Anthony Bevilacqua of 929 Real Estate.com/Cambridge Real Estate Associates.com

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Elevated Realty LLC
174 Dorchester St.
Boston MA, 02127
Office: 617-701-6300

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.62% last updated on Jun 14, 2018
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

40 Florence Street, Somerville, MA 02145

Price$799,900

Est. Mortgage: $/month

MLS Number 72342673

  • Multi-Family 2 Family
  • Year Built 1900
  • Bedrooms 5

Looking for a MULTI-FAMILY HOME in a GREAT location? You’ll find it at 40 FLORENCE STREET. This MANSARD style TWO FAMILY is situated on a quiet side street in a burgeoning EAST SOMERVILLE neighborhood. FIRST-floor UNIT is EFFICIENT & PROFITABLE 4 room/ 1 bedroom apartment (currently used as 2 bedrooms). The SECOND-floor UNIT features TWO LEVELS and hosts up to 4 bedrooms. Currently, it is awaiting a new owner to bring it back to OPULENT CONDITION! With a DRIVEWAY, a detached GARAGE, a good size BACK YARD that fits an above ground pool and has a patio, this is a PROPERTY you WON'T WANT TO MISS!!! With a walk score of 86, the location is ultra-convenient as well as a COMMUTERS DREAM. East Somerville is home to some of Somerville’s coolest dining establishments and the property is near SULLIVAN STATION. This home is the SMART BUY!

Listed by Covelle & Cohen Greater Boston Real Estate Team of RE/MAX Leading Edge

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Elevated Realty LLC
174 Dorchester St.
Boston MA, 02127
Office: 617-701-6300

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.62% last updated on Jun 14, 2018
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

12 College Hill Road, Somerville, MA 02144

Price$1,399,000

Est. Mortgage: $/month

MLS Number 72341177

  • Multi-Family 2 Family
  • Year Built 1920
  • Bedrooms 7

Big newly renovated Multifamily offering hard to find amenities in an extremely desirable area! This property is located in the highly sought after West Somerville, Tufts, Davis, and Teele Square areas. The entire property has been meticulously developed to ensure buyer peace of mind, implementing a brand new stone/paved driveway, plumbing/pipes, central heating/cooling electrical, flooring, appliances, exterior paint, and more. No cut corners or expenses spared. Unit 1 features 3 Bedrooms (w/ Master Suite), 2 Full Bathrooms, Unit 2 features 4 Bedrooms (w/ Master Suite), 2 Full Bathrooms, and both have Open Kitchen / Living areas, Walk In closets, Stainless Steel Appliances, decks, ample off street parking, storage, separate utilities, and much much more. Great $/SQFT and rental income value! Walking distance to restaurants, universities, parks, and many other desirable local amenities. Easily commute to Boston, Cambridge,Waltham, Rte.2, and more. Open house 6/16 1-2 PM

Listed by Audai Cote and Bonita Bellal of North Corner Realty

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Elevated Realty LLC
174 Dorchester St.
Boston MA, 02127
Office: 617-701-6300

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.62% last updated on Jun 14, 2018
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

15 College Hill Road, Somerville, MA 02144

Price$1,399,000

Est. Mortgage: $/month

MLS Number 72341178

  • Multi-Family 2 Family
  • Year Built 1930
  • Bedrooms 7

Big newly renovated Multifamily offering hard to find amenities in an extremely desirable area! This property is located in the highly sought after West Somerville, Tufts, Davis, and Teele Square areas. The entire property has been meticulously developed to ensure buyer peace of mind, implementing a brand new stone/paved driveway, plumbing/pipes, central heating/cooling electrical, flooring, appliances, exterior paint, and more. No cut corners or expenses spared. Unit 1 features 3 Bedrooms (w/ Master Suite), 2 Full Bathrooms, Unit 2 features 4 Bedrooms (w/ Master Suite), 2 Full Bathrooms, and both have Open Kitchen / Living areas, Walk In closets, Stainless Steel Appliances, decks, ample off street parking, storage, separate utilities, and much much more. Great $/SQFT and rental income value! Walking distance to restaurants, universities, parks, and many other desirable local amenities. Easily commute to Boston, Cambridge,Waltham, Rte.2, and more. Open house 6/16 1-2 PM

Listed by Audai Cote and Bonita Bellal of North Corner Realty

{$office->Name}

Elevated Realty LLC
174 Dorchester St.
Boston MA, 02127
Office: 617-701-6300

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.62% last updated on Jun 14, 2018
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. MLS Property Information Network, Inc. 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.