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.

377 Summer Somerville MA 02144

MLS Number 73204612

  • CommercialLease
  • Neighborhood Davis Square
  • Square Feet 4,200
  • Acreage 0.18
  • Zoning CBD

Newly constructed Davis Square office space in 1st class mixed use building. Underground parking available. Three separate zones make this space easy to sub-divide. Located directly above Community Credit Union this space has potential for a variety of uses. Prime location. High vehicular and pedestrian traffic count. At signaled intersection. Easy access to Red Line & major highways (Route 2 & I 93). Ideal location for any business looking to open their doors in a thriving area.

Listed by Declan O'Toole and Sean McLaughlin of SelectRE Boston

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Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* 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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18 Morton Street Somerville MA 02145

Somerville, MA18 Morton Street

Price$1,299,000

Est. Mortgage: $/month

MLS Number 73202713

  • MultiFamily
  • Bedrooms 5
  • Bathroom 3
  • Square Feet 3,130
  • Parking Spaces 4

Investors, contractors,1031 exchange or owner-occupants looking for an excellent opportunity, this two-family home is located in a quiet residential neighborhood just minutes away from Greenline t stop, Boston, Union Square, and Assembly Row. Super sunny, high ceilings. Unit 1 features two bed / one bath. Unit 2 has three bed/ one bath on two levels plus large deck. Potential to add square footage by finishing the basement. Or perhaps create a third unit per NR zoning. Fantastic add value opportunity for the right buyer!

Listed by Lisa Sheehan of Senne

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$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* 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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19 Boston Street Somerville MA 02143

MLS Number 73201821

  • MultiFamily
  • Bedrooms 7
  • Bathroom 5
  • Square Feet 3,465
  • Parking Spaces 5

Welcome to your next investment opportunity in the heart of a sought-after location! This charming 2-family house boasts immense potential, offering versatility to be converted into a spacious single-family home, accommodating 3 separate families, or transformed into desirable condominiums. Move-in condition and well-maintained. Situated within walking distance to the union square mbta station, this prime location provides convenient access to boston and is surrounded by prestigious educational institutions such as harvard and mit, ensuring top-tier schooling options. Additionally, proximity to renowned hospitals adds to the appeal of this property. Don't miss out on the chance to make this versatile gem yours and unlock its limitless possibilities! Showings will start at the open house saturday/february 17th from 11:00-12:30.

Listed by Marcia Pessanha of eXp Realty

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$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* 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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19 George Street Somerville MA 02145

Somerville, MA19 George Street

Price$2,285,000

Est. Mortgage: $/month

MLS Number 73199797

  • MultiFamily
  • Bedrooms 12
  • Bathroom 6
  • Square Feet 3,340
  • Property SubType 3 Family

Brand New Generational Multi Family asset on beautiful tree lined street bursting with Somerville Charm. This large 3 family has been gut renovated and rebuilt with high end condo quality finishes. Step right in and Generate enormous cashflow. . Already Boasting 12 bedrooms and 6 bedrooms, there still room for future expansion by way of unfinished 1200 sq ft basement. A painstaking 2023/2025 gut renovation allows the new owner to walk into an hands free Asset Ready for healthy cashflow. Rare opportunity in an incredible Market with amazing stability and growth. Walking distance to dozens of cafe's restaurants and shops, as well as both the Orange & Green Line. Tenant's will enjoy central air, laundry in unit, and condo quality finishes allowing the new owner to fetch top dollar. With apartments in the area renting for as much as 1,500/ bedroom this presents the perfect opportunity in to step right into positive cashflow in a premier investment market poised for appreciation

Listed by Gregory McCarthy and Lucas Santos of Riverfront REALTORS®

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$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* 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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83-85 Electric Avenue Somerville MA 02144

MLS Number 73197836

  • MultiFamily
  • Bedrooms 8
  • Bathroom 7
  • Square Feet 4,728
  • Parking Spaces 4

Perfect opportunity to own this newly renovated luxury 2-family house, a blend of true classic and contemporary design. Tucked between Teele square and Tufts University in a sought-after yet quiet street with easy access to Davis Sq., red line and green line T stations. Great curb appeal, big front and back yard, open layout, high ceilings, finest craftsmanship & high-end finishing. Unit 1: 3 beds, 3 full baths, 2 master suites, 2 levels. Unit2: 5 beds, 4 full baths, and 2 master suites, 2 levels. Ample space, privacy and natural light. Each unit features Chef's kitchen complete with Thermador appliances, wine cooler(s), and an oversized center island. Enjoy family time in front of the dazzling electrical fireplace. Indulge in the peaceful surroundings on the gorgeous deck and patio. Relax in the soaking bath and massive master suite. NEST thermostats & door bell, Yale key lock. Great for owner-occupied or as an investment. Two car garage and off-street parkings.

Listed by Sharon Tang of U3 Realty,LLC

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$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* 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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31 Union Square Somerville MA 02143

MLS Number 73195198

  • CommercialLease
  • Square Feet 2,500
  • Acreage 0.17
  • Zoning CBD

Introducing an exceptional commercial space for rent in the vibrant heart of Union Square! This spacious open-concept unit spans an impressive 2500 sqft and boasts high ceilings and stunning hardwood floors throughout. The space features a modern kitchenette equipped with stainless steel appliances and ample cabinet space. Additionally, it offers the convenience of three to four office/conference rooms and two bathrooms. With central heating and cooling, you can ensure a comfortable working environment year-round. Location is key, and this space offers excellent exposure to high foot traffic. Situated near public transportation such as the MBTA Green Line extension Union Square stop, accessibility is a breeze. This incredible opportunity will be available for lease starting March 2024. Detailed floor plans are available for your reference. Don't miss out on securing this prime commercial space in the heart of Union Square!

Listed by Clifton Verdieu of Century 21 North East

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$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* 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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503 Broadway Somerville MA 02145

MLS Number 73194991

  • CommercialLease
  • Neighborhood Magoun Square
  • Square Feet 2,322
  • Acreage 0.07
  • Zoning NB

This ground level retail space for lease situated at an intersection of 2 busy streets - Medford street and Broadway, highly exposed, and car / foot traffic counts for any business. Tufts University, Balls Square and Magoun Greenline T station are only within 1 mile away from this retail location. While surrounded by different variety of shops, restaurants and new developments, bring your business's idea to this vibrant location. The wide open space is 2322 sqft with 2 toilets. Welcome for your inquiries and showing instruction. Available to show anytime.

Listed by Wai Kit Or of V & E Realty

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$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* 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 Washington Street Somerville MA 02143

MLS Number 73188305

  • CommercialSale
  • Square Feet 4,156
  • Acreage 0.08
  • Zoning RC

Great business owner occupant or redevelopment opportunity! 25 Washington Street in Somerville, just 1/2 mile in either direction to East Somerville Green line T stop and Sullivan Sq. Orange line T stop!!! Excellent proximity to Union Square and surrounding amenities. This 4,000+ SF commercial building makes up the corner of Pinckney St and Washington with an existing curb cut on Pinckney for its overhead garage door. Second floor has 4 private offices and an open concept office/reception and 3 half bathrooms. New roof in 2015, all new LED motion sensor shop lights install 4 years ago, and rooftop HVAC compressor 2-3 years old. Tenant looking for a lease back which provides a good stream of income while buyer files for redevelopment. Zoned MR3 (mid rise 3) Additional zoning and architectural info available.

Listed by James Riel of JR Associates

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$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* 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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557 Somerville Avenue Somerville MA 02143

Somerville, MA557 Somerville Avenue

Price$1,900,000

Est. Mortgage: $/month

MLS Number 73187347

  • MultiFamily
  • Bedrooms 9
  • Bathroom 3
  • Square Feet 5,490
  • Property SubType 3 Family

Development Opportunity between UNION SQ and PORTER SQ. steps to HARVARD. Approved with Permits for 3 huge Condos. This development project has one of the biggest and nicest front yards in Somerville with Conway park directly across the street. Harvard .6 miles away. Only .4 miles to Union .7 miles to Porter/ Lesley These units will be in one of the most convenient locations in Somerville with an incredible amount of improvements coming to the neighborhood along Somerville Ave. between UNION SQ and PORTER SQ. Conway Park is recently refinished and has incredible facilities. Soccer Field, Baseball Diamonds, Hockey Rink, Basketball Courts, Playground, Picnic Tables. steps to the Cambria Hotel and fine dining.

Listed by Craig Shepherd of Berkshire Hathaway HomeServices Commonwealth Real Estate

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$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* 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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18 Innerbelt Road Somerville MA 02143

MLS Number 73182274

  • CommercialLease
  • Square Feet 5,850
  • Acreage 0.23
  • Zoning 9999

NEW CONSTRUCTION! Build to suit your needs. Unique opportunity in this wonderful commercial space with fantastic street frontage, roughed with two bathrooms now available! Access to a new kitchen adjacent to the unit. High visibility under this 200+ unit residential building. Comes with two garage spaces for the business owners, and access to 10+ off-street parking spaces (ask agent.) Plenty of on street parking. Conveniently located between two T stations, Charlestown's Sullivan Sq and East Somerville's Green Line Extension. Stone's throw from multiple neighborhoods such as East Somerville, Union Sq, Cambridge Crossing and minutes to Boston! This neighborhood is fast changing, with several approved projects along Washington St. and Charlestown. Your blank canvas awaits, we welcome all inquiries and offers. Get your business up and running!

Listed by Sabbor Sheikh of Coldwell Banker Realty - Boston

$
$
%
$/month over payments
Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* 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.