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.

101 North Street Somerville MA 02144
Open House

MLS Number 73042351

  • MultiFamily
  • Next Open House: Fri 09/30 5:30 pm. to 7:00 pm.
  • Bedrooms 4
  • Bathroom 4
  • Square Feet 2,501

Lovingly maintained 11-room two-family home offers thoughtful updates and old-world charm. Owned by the same family for over 50 years, enjoy convenient access to TUFTS University, Teele & Davis Squares plus Boston Ave. Both units feature BIG eat in kitchens and access to rear porch. Rich wood trim throughout along with 8' 9" average ceiling height and open living/dining rooms help accommodate the modern lifestyle, but with plenty of nooks for work-from-home space. Large deck with yard and flex-space garage/workshop. Wide front porches on 1st & 2nd floors. Apartment #2 also has enclosed rear porch and large balcony overlooking the yard. Expansive basement with high ceilings, handy FULL bath, and plenty of storage. The 3rd floor recreation room has endless possibilities. A rare opportunity to own a turn-key investment property in superior condition OR enjoy the pride of ownership in one unit while your tenant helps pay the bills. This fine home is offered for sale in present condition.

Listed by Wayne Terrio of Coldwell Banker Realty - Cambridge

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$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* 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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2 Cottage Circle Somerville MA 02144
Open House

MLS Number 73042136

  • MultiFamily
  • Next Open House: Fri 09/30 3:00 pm. to 4:00 pm.
  • Bedrooms 3
  • Bathroom 3
  • Square Feet 2,850

At the end of a sweet private way, nestled between Cottage Avenue and Orchard Street, is an expanded 2-family with exceptional southern exposures. Offered for the first time in over 50 years, the property is ready for its next chapter and offers plentiful options for reimagination. Likely originally built as a single family, there is now a first floor 1-bedroom unit and a larger upper unit that includes a large addition with 1st and 2nd floor rooms that create a south-facing ell overlooking the fenced patio/garden. The full, unfinished basement has good ceiling height as well as interior and exterior access. There is 2-car parking by custom on the private way. Just 0.3mi to the red line T at Davis Square and 0.5mi to the red line and commuter rail at Porter Square. A serene spot within easy reach of so much.

Listed by The Team - Real Estate Advisors, Deborah Caniff and Robin Kelly of Coldwell Banker Realty - Cambridge

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$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* 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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110 Hudson Street Somerville MA 02144

Somerville, MA110 Hudson Street

Price$1,330,000

Est. Mortgage: $/month

Open House

MLS Number 73042108

  • MultiFamily
  • Next Open House: Sat 10/1 1:00 pm. to 2:00 pm.
  • Bedrooms 5
  • Bathroom 3
  • Square Feet 3,075

Welcome to Spring Hill-Somerville! Here’s your chance to get into this sought after neighborhood. This property provides a great opportunity for a skilled developer/contractor to create value. Tucked away in a great location, this spacious multi family home has 5 bedrooms/3 baths and close to 3100 square feet of space and is just waiting for your touches and improvements to make it your home. Perfect opportunity for condo conversion for investor or owner occupant. Walking distance to the Somerville Community Path and the Lowell Street Green Line station, and under a mile to Porter/Davis and Harvard University. Easy access to Boston and MIT. Close to restaurants, shopping, bike path, green/red line and more. First showing starts at 1pm on Saturday at OH.

Listed by Claire Kotzampaltiris of Maloney Properties,Inc.

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$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* 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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14 Grand View Avenue Somerville MA 02143
Open House

MLS Number 73041976

  • MultiFamily
  • Next Open House: Sat 10/1 11:30 am. to 1:00 pm.
  • Bedrooms 5
  • Bathroom 3
  • Square Feet 3,046

A fantastic opportunity to acquire an income-producing property. The large first floor one bedroom one bathroom unit offers a living room with a fireplace & bay window, dining room, updated kitchen, and family room. The second unit occupies the second and third floors. This three bedroom, plus study, two bathroom home offers a living room with a bay window, dining room with a bay window, large eat-in kitchen, office, study, and deck. The lower level provides an expansive area for storage & utilities. Conveniently accessible via public transportation, this property is located within a matter of feet of multiple parks & playgrounds, the Somerville Public Library, High School, and City Hall. Just half a mile to Bow Market and close proximity to the new Gilman Square Station on the Green Line.

Listed by Gail Roberts,Ed Feijo & Team, Edmund Feijo and Gail Roberts of Coldwell Banker Realty - Cambridge

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$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* 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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25 Elmwood Street Somerville MA 02144
Open House

MLS Number 73040732

  • MultiFamily
  • Next Open House: Thu 09/29 5:00 pm. to 6:30 pm.
  • Bedrooms 4
  • Bathroom 4
  • Square Feet 2,493

This unique, single-family includes an in-law/au pair unit. The main house has 8 rms/2.5 ba (updated 2004), and the attached, in-law unit has 3 rms/1 ba, full kitchen & bath (added in 2014), creating extra space to grow your family, work from home, and/or be a multi-generational household. The main house has an open plan with wood flooring, gas fireplace, a kitchen that is the full length of the first floor with expansive granite counter tops/cabinets, SS appliances. There are 3 bdrms on the 2nd & 3rd flrs with walk in closets & laundry. The primary bdrm has a sliding glass door to a lrg deck. The in-law unit can be reached from inside the house or from a private entrance. It has a full kitchen with granite counters & SS appliances, laundry, open living room, skylights, 1 bdrm, walk-in closet & full bath. The house has a WalkScore ® of 93 and is 0.3 miles to Davis Square (Red Line) with its shopping, entertainment, & many eateries.

Listed by Team Jen & Lynn of Thalia Tringo & Associates Real Estate,Inc.

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$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* 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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51 Beacon Street Somerville MA 02143

MLS Number 73040653

  • MultiFamily
  • Bedrooms 4
  • Bathroom 3
  • Square Feet 2,674
  • Parking Spaces 2

Developers/Investors! Great opportunity for this fixer-upper steps to Inman Square Cambridge.3 Family with parking needs lots of work.

Listed by John Buccelli of Berkshire Hathaway HomeServices Verani Realty

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$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* 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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80 Irving Street Somerville MA 02144

Somerville, MA80 Irving Street

Price$1,499,900

Est. Mortgage: $/month

Open House

MLS Number 73040446

  • MultiFamily
  • Next Open House: Sat 10/1 11:30 am. to 1:00 pm.
  • Bedrooms 6
  • Bathroom 2
  • Square Feet 2,434

PARADISE NEAR DAVIS SQ...and we do mean near! Just over a quarter mile to the Red Line. VICTORIAN TWO FAMILY in excellent condition. Located on one of the areas most sought after streets. Vacant SIX ROOM-SECOND FLOOR OWNERS UNIT and lovely first floor rental unit with income of $2,850 per month. PERIOD DETAILS including charming original tin stamped ceilings, stained glass, Victorian moldings, medalion ceilings, fireplace and HARDWOOD FLOORS THROUGHOUT. Second floor features an EAT IN KITCHEN with tin stamp ceilings, stainless appliances, separate pantry and open breakfast nook with skylights. Living Room has decorative wood burning stove, but... Loft style top floor bedroom with skylights & built in drawers. Great 2nd floor deck with privacy enclosure. HARD TO FIND... YARD SPACE! Fantastic shady spacious back yard with a pear and apple tree. INCLUDES ONE CAR OFF STREET PARKING... there is an approved curb cut from the City and new driveway will be installed prior to closing!

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: 6.29% last updated on Sep 22, 2022
* 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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291 Summer Street Somerville MA 02144
Contingent

MLS Number 73039134

  • MultiFamily
  • Bedrooms 6
  • Bathroom 3
  • Square Feet 2,644

This ‘Red Lady’ could be yours! Fantastic opportunity on the doorsteps of both Davis & Porter Sqs, this lovely two-family house has been in the same family for decades and is well maintained and updated. The twelve well-proportioned sunny rooms are graced with generous sized windows, great ceiling height and feature beautiful original red oak and fir floors. The first-floor unit is comprised of five rooms and has open front and rear porches. The second unit occupies the two upper floors. It has four bedrooms and two bathrooms as well as an open front and an enclosed rear porch. Entertain with friends and guests on the patio in the cozy back yard or wonder out to the minuteman bike path or off to any number of fabulous eateries, cafes and specialty food shops that are blocks from the front door. This property has tremendous investment potential, with great bones, it is perfect for an owner occupant w/ income, for an investor or for condominium conversion as it will be delivered vacant.

Listed by Laura Palumbo-Hanson and Dawn Felicani of Gibson Sotheby's International Realty

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$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* 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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10 Loring Street Somerville MA 02143

Somerville, MA10 Loring Street

Price$1,575,000

Est. Mortgage: $/month

Open House

MLS Number 73039075

  • MultiFamily
  • Next Open House: Fri 09/30 5:00 pm. to 6:30 pm.
  • Bedrooms 3
  • Bathroom 3
  • Square Feet 2,037

This is it! Energy efficient, smart house. 1 mile from Harvard Square. Walk Score® 96. Turnkey two-family on a tree-lined side street with expansive garden oasis. Custom woodwork. Reclaimed local barnwood courtesy of Long Leaf Lumber. Sun bathed 2-bedroom 1.5-bath duplex over 1-bed 1-bath 1st floor unit. Wide pine floors 11”. Tranquil porch and patio living space. Working fireplace. Well configured off-street parking. Large spotless basement storage area. New energy efficient tankless hot water systems. New energy efficient HVAC systems. Bosch appliances. Home theater. Sonos home speaker system. Nest climate control. Google Hub. Steam room. All appliances and electronics included in the sale. All systems are separately metered. Enjoy easy access to the shops + services + subway, as well as Harvard and MIT. Ideal for both investors and owner-occupants. Finely detailed construction. A well-made home.

Listed by William Hartford of The Dory Group

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$
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$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* 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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111 Belmont Street Somerville MA 02143

Somerville, MA111 Belmont Street

Price$1,750,000

Est. Mortgage: $/month

MLS Number 73038899

  • MultiFamily
  • Bedrooms 8
  • Bathroom 4
  • Square Feet 4,600
  • Parking Spaces 2

INVESTORS NOTE! Potential to easily become a 14 bed building (4/4/3/3 or add a 5th unit) formal dining rooms ready to convert and a gorgeous 3rd floor with soaring ceilings ready to finish. LOCATION LOCATION LOCATION - Highly sought after Somerville location with an 87 walk & 91 bike score! family owned and lovingly maintained for generations. Rare true 4 family building with a wide center staircase allowing for condo style living. Features Harwood floors, Original beautiful tiled Fireplaces, front porch, Laundry units & storage in walk out Basement, Center Light Shaft, separately metered gas and 2 Driveways! Major improvements include: Updated Electric with landlord meter, Vinyl Windows, Newer Roof, Newer Heating System and Hot Water Store, pipes are in amazing shape and fiberglass insulated. Don't miss this one!

Listed by Oren Mael of Sapphire Real Estate

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$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* 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 TourAsk A QuestionMore Details

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.