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!
If you are interested in purchasing an Investment property in Somerville or the Greater Boston area and would like more information, contact us today!
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Fantastic opportunity to own a solid Two-Family Home located within minutes of Tufts University. Well maintained, separate utilities, 2017 FHA Gas heating and central air-conditioning. The home has a slate roof, newer maintenance free exterior vinyl siding and windows with hardwood flooring. Off street parking for one car and a small back yard for gardening/grilling. Potential for expansion on third floor. Don't miss out as this spacious two family home will not last!
Listed by Cynthia Burrell of Coldwell Banker Residential Brokerage - Gloucester
One developers loss equals your gain. Offers Due by 1/24 5:00 PM. Zoning approved huge 2-family duplex with 3212 SF of living space already in process. This is an ongoing project. Cost to complete project estimated at $200,000.00. There is a large profit potential for a developer to finish this project in 2 months to hit the spring market. ARV Sellout should exceed $1,700,000.00 Construction Phase: -Demo is completed -New addition is complete -Framing is complete -Siding will be completed including hardie in front. -All windows are installed -New basement drainage system installed.
Rare mixed use multi-family walkable to Harvard and Porter Square. First floor is comprised of two commercial spaces currently leased to stable restaurants with many years of rental history. The second floor consists of a renovated 3 bedroom apartment and a large 1 bedroom. The 3 bedroom was renovated in spring 2017 and has laundry in the unit; the 1 bedroom is older but in good condition, and it has a private deck. The third floor consists of 2 large studio, or 1 bedroom efficiency, apartments. Both are in good condition and one was updated approximately 2 years ago. Tenants pay their own utilities, and commercial tenants pay their own water bill and insurance. This is a cash cow with below market rents in an absolutely unbeatable location. Properties like this almost never come on the market in such good condition and with existing upside just by raising rents. A few easy improvements offer easy value add opportunities. 1 bedroom and one studio are T.A.W. The rest are on leases.
Listed by David Scott of Apartment Rental Experts LLC
Location Location Location! Close to Sullivan Square T Station. Completely Renovated up and down 2 family house in prime location of city of Somerville. Minutes to Assembly Square and close to everything you need. Unit 1 has 1 bed room but it could be set up as a 2 bed room with little unit reconfiguration. Fabulous kitchen with new cabinets, granite counter top and Stainless Steel appliances. 2nd floor unit 2 has 4 bed rooms (2 bed rooms on the 3rd floor and 2 bed rooms on the second floor). Kitchen and bathroom have nice tile floor and the rest is hardwood floor through out. New roof, new siding, new gas force hot air heating systems, new water heater! Either owner occupied or for investment this will be an awesome choice! Won't last, all offers due 1/31/2018 by noon.
134 Pearl Street is a 5 unit apartment building located in East Somerville, MA. The property is comprised of (2) one-bedroom units, (1) two-bedroom unit, and (2) three-bedroom apartments. This attractive multifamily opportunity allows investors to own in one of the most sought after cities in the Boston Metro. The property lies in an excellent commuter location right between I-93 and McGrath highway. It is located just a short walk from the new Gilman Square Station that is part of the Green Line Extension Project. Sullivan Station (MBTA Orange Line) is less than a mile from the property and public bus service ( #80 & #90) are steps from the front door
Listed by Tony Pepdjonovic of Marcus & Millichap Real Estate Investment Services
conveniently located two family, detached garage & plenty of off-street parking, located in the Winter Hill neighborhood. Walking distance to historic sites, schools for all ages, churches, post office, restaurants and pharmacies. Access to interstate 93, multiple bus lines, 5 minutes to the new "T" station located behind city hall and 10 min drive to the new WYNN casino, both currently being constructed. Near Tufts University and Harvard University. An enclosed rear yard with a fruit bearing tree, lifetime roof, hardwoods, back deck and more.
Listed by Robin Chudnow-Marsh of Coldwell Banker Residential Brokerage
Location Location Location! Huge 2 Family Located within Minutes of Tufts University/Ball Square/Davis Square! 1st and 2nd Floor Units Offer 3 or 4 Good Size Bedrooms with Closets, a Large Living Room, Updated Kitchen With Granite Counter Tops and Stainless Steel Appliances, Updated Bathrooms with Granite Vanities and Tile Baths! This Property Also Features Updated Windows, Vinyl Exterior, Separate Utilities, Laundry Coin-Op in the Basement, 3 Car Off Street Parking and Front and Back Exterior Porches! This property is Virtually Maintenance Free and Needs Nothing! This Area is Extremely Sought After and this Listing will Not Last!
Listed by Kathryn Messina of Premier Realty Group, Inc.
Less than a mile North of Union Sq and 4 blocks from Somerville High School, this large commercial space is ready for your business! Enter through a wide foyer with 3 individual half-bathrooms to the right & a large space to the left. Either way leads to the largest space in the unit, currently fitted with stage & track lights. Right of the stage is a smaller room with built-in shelving & a closet nook. Head upstairs to two, large rectangular rooms, one with many windows & the other with kitchenette. With approximately 4,000 square feet this unit features 4+ gigantic rooms, 15 or so windows and the possibility to use as is or alter to best fit your needs. Formerly used as a ceramic studio, school and place of worship, the space is updated with exit signs, emergency lights, window A/C units and more. Easy to schedule in person visit!
Listed by The iBremis Team and Michael Merullo of Bremis, James J. Inc.
This 10,000 SF desirable flex and creative office space is located between Union, Harvard, and Porter Square and can host a wide range of small and midsize tenants. The property features high ceilings, clear-span, garage door and loading docks. Landlord is amenable to sub-dividable space to 5,000 SF. The building is adjacent to retail, restaurants and other services. The neighborhood offers a work, play, and live concept accented by the the nightlife and specialty markets all within walking distance. Easy access to major highways and the Red Line transit system. .
Beautiful and spacious two family home, with big back yard and driveway. located in East Somerville on quite street its close to public transportation, schools, park, shopping center and restaurants. Close to Boston and major highways. PROPERTY TO BE SOLD 'AS IS'
Listed by Maria Pagliuca and Richard Palladino of Century 21 North Shore
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