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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.

70 Line Street, Somerville, MA 02143

Price$1,775,000The price has recently decreased

Est. Mortgage: $/month

Open House

MLS Number 72245494

  • Multi-Family 3 Family
  • Next Open House: Sun 22nd 1:00 pm - 3:00 pm
  • Bedrooms 9
  • Year Built 1900

Better than Gold! "Houzz"...the app, will inspire you to dream a dream ! Are you ready to give it a try ? Must have vision,imagination and the desire to earn money! . Amazing Somerville location minutes to Harvard Square, Inman Square, Harvard University and MIT! Very hard to find quality 18 room three family with front and rear porches, separate heat & utilities plus parking potential for 8+ cars! Many updates! High rental area and condo conversion potential make 70 Line St a fantastic opportunity! 70 Line Street offers a unique Somerville experience with many shops, taverns & restaurants nearby. Easy access to the Red Line and downtown Boston! Take advantage of this special purchase and benefit from the increasing the value of this highly sought after neighborhood on the Somerville/Cambridge line! Check your map and see how close this is to Harvard Square! See you at one of our Open Houses!

Listed by Jeremy Nissenbaum of Nissenbaum, REALTORS?

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

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

255 Highland Avenue, Somerville, MA 02143

Price$2,500,000The price has recently decreased

Est. Mortgage: $/month

Open House

MLS Number 72244591

  • Multi-Family 5+ Family - 5+ Units Up/Down
  • Next Open House: Sun 22nd 12:30 pm - 2:30 pm
  • Bedrooms 8
  • Year Built 1900

Rare offering! This is a meticulously maintained 6 family which shows pride of ownership at every turn. All apts have large rooms, high ceilings, fully applianced eat in kitchens and full tile baths. Each apt has separate utilities. Three of the four one bedroom apts could easily be used as two bedroom apts. Four units have the bonus of huge private decks overlooking a manicured yard and garden. The maintenance free exterior, replacement windows and separate systems make this a perfect income property for the passive investor or a great condo conversion for a savvy developer. Lease information is attached herein. Opportunity exists to significantly increase rents by converting 3 one bedrooms to two bedroom apts. Property is located roughly one half mile from both Davis Sq and Porter Sq for terrific access to T, shops and restaurants. Somerville consistently rates as one of the best rental markets in the region due to high density, amenities and local universities and businesses.

Listed by David Lilley of RE/MAX Destiny

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

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

6 Evergreen Avenue, Somerville, MA 02145

Price$895,000The price has recently decreased

Est. Mortgage: $/month

MLS Number 72244164

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

Great opportunity to purchase a two family in one of Somerville's thriving markets! The first floor is a spacious one bedroom unit. Which offers a kitchen, living room, full bathroom, bedroom and bonus room. Second floor offers a kitchen, living room, full bathroom, a large front facing bedroom, 2 smaller rooms with no closets and 2 unheated rooms on the 3rd floor. Front porch and large back deck. Driveway parking. The backyard is paved. With a 'walk-score of 86, the location is Very Walkable and most errands can be accomplished on foot'. ONLY .3 miles to the proposed green line stop at Gilman Square (where Pearl St & Medford St meet). .2 miles to Winter Hill Brewing Company. ~1 mile to Assembly Row and all the shops and dining it has to offer- also the Orange Line. A little farther is the Sullivan Square Orange Line. Bus Lines run on Medford St and Broadway St. Many parks and playgrounds nearby such as Foss Park and Marshall St Playground.

Listed by Branch Out Residential Team, Albert S. Azatyants and Carissa Jaillet of Branch Out Realty

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

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

7 Webster Street, Somerville, MA 02145

Price$1,200,000The price has recently decreased

Est. Mortgage: $/month

MLS Number 72243912

  • Multi-Family 2 Family - 2 Units Up/Down
  • Bedrooms 3
  • Year Built 1900

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

{$agent->Name}

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

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

377 Summer Street, Somerville, MA 02144

Price$45The price has recently decreased

MLS Number 72243043

  • Commercial Office
  • Year Built 2010

4200 SQ FEET IN DAVIS SQUARE! Brand new office space in Davis Sq, minutes to T and surrounded by some of the best restaurants in the city. 2nd floor space has plenty of light and can be designed to your preference. Come and be the first tenant in the newest building in DAVIS SQ. Handicapped accessible, elevator, Terrace and underground parking are just a few of the amenities.Call for a showing.

Listed by Albert Bouchie of Coldwell Banker Residential Brokerage - Belmont

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

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

18 Oxford, Somerville, MA 02143

Price$1,490,000The price has recently decreased

Est. Mortgage: $/month

MLS Number 72241686

  • Multi-Family 3 Family - 3 Units Up/Down
  • Bedrooms 7
  • Year Built 1920

Fantastic opportunity for investment! The utmost flexibility in use: Live in part of this beautiful house & rent other units for substantial income ~ plan to ultimately condominiumize & sell individual units ~ or just "rent out". These very well balanced units are bright & sunny, spacious & offer 2-3 brs, large bathrooms, porches, den and large pantries. A spectacular view of the Boston skyline is seen from the third flr. Lots of carefully chosen updates creates fresh attractive living environments: new crisp h/w floors in hallways & kitchs, new appliances & bathrooms partially updated for comfort Back of home offers off-street parking for 4 cars and a long driveway for tandem parking for "snow emergencies". The exterior of the home was diligently painted in 2017 creating top notch appeal and the first floor unit also has been freshly painted and shines. Truly a quiet neighborhood mid-point to Davis, Porter and Union Squares…the buzz of Somerville!

Listed by Svetlana Sheinina of eXp Realty

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

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

16 Webster Street, Somerville, MA 02145

Price$995,000The price has recently decreased

Est. Mortgage: $/month

MLS Number 72238216

  • Multi-Family 2 Family
  • Bedrooms 4
  • Year Built 1890

Generous 2-family with LARGE sunny yard (4471 sq.ft.) in heart of East Somerville awaits your creative touch. 10 rooms, 4 bedrooms, 2 baths, plenty of off-street tandem parking, with a large fenced back yard provides a great canvas for gardeners and family fun. Quiet street is close to restaurants, public transportation, schools, parks, shopping, with easy access to I-93. Less than a mile from Assembly Square and a five-minute drive to the North End. Building in same family for over thirty years with gut-rehab in the mid 80s. Fully insulated. Second unit has a private bedroom on 3rd floor. Newer insulated windows throughout. Rents under market. This property is appealing to both the individual end-user and developers.

Listed by Kevin Doran of Coldwell Banker Residential Brokerage - Cambridge - Huron Ave.

{$agent->Name}

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

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Save FavoriteSchedule A VisitAsk A QuestionMore Details

Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

18 Grant Street, Somerville, MA 02145

Price$649,000The price has recently decreased

Est. Mortgage: $/month

Active With Contract

MLS Number 72238274

  • Multi-Family 2 Family
  • Bedrooms 4
  • Year Built 1885

Calling all contractors, investors and handy homeowners who are looking for an opportunity to customize a multi-family home in a well-located area in Somerville. This offering is easily accessible to the Orange Line, with close proximity to Sullivan Square "T" Station, and Assembly Square - an area with established eateries and a number of new restaurants, cafs, and shops. There is incredible potential in this 4+BR/2BA renovation-ready home, featuring 2,208 square feet of living space, hardwood throughout, high ceilings, tasteful woodwork and a beautiful staircase. Let this be the chance you've been waiting for, to invest in a multi-family in Somerville. Come see the possibilities!

Listed by Chris Remmes of Coldwell Banker - The Hammond Group

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

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Do not fill in this field:

Save FavoriteSchedule A VisitAsk A QuestionMore Details

Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

241 School, Somerville, MA 02145

Price$1,900,000The price has recently decreased

Est. Mortgage: $/month

MLS Number 72237767

  • Multi-Family 5+ Family - 5+ Units Up/Down
  • Bedrooms 7
  • Year Built 1900

Live for free & collect 5 Somerville rents.6 unit in Winter Hill.18 rms 7 Plus bedrms.2 units on 1st flr.3 units on 2nd flr.1unit on 3d flr.The owners have lived there for a long time.3700 sq ft of living area with an 8,100 sq ft lot.Total sq ft is listed as over 6000.The public record says the property was built in 1900.However the sellers believe that it is older.It is just a 10 minute walk from the new proposed Greenline Extension on Medford St.(Gilman Sq.). I am told that there are 3 fireplaces but they are covered at this time.The property has not had a lot of attention for a long time.It is a legal 6 unit.It is on a corner lot. 5 of the units have been rented with shared heat & shared electric.This is a hard to find turn of the last century (1900 or older)property coupled with the new access of a T station.It has many potential uses & a lot of potential parking.It is located close to the Foss park & the 2 public schools & the Assembly Sq. Market place & Rt 93. & Cambridge/Boston

Listed by Robert Ingemi of Thurston R.E.

Elevated Martha's Vineyard
59 Edgartown Rd.
Vineyard Haven MA, 02568
Office: 617-701-6300

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

33 Merriam Street, Somerville, MA 02143

Price$997,000The price has recently decreased

Est. Mortgage: $/month

Active With Contract

MLS Number 72235273

  • Multi-Family 3 Family - 3 Units Up/Down
  • Bedrooms 6
  • Year Built 1910

**First Showing at Open House Fri. 9/29 from 5:00pm-6:30pm. Second showing Sat. 9/30 from 1:00pm-2:00pm.** Great owner occupant and/ or investment opportunity! 3 Unit Multi-Family home perfectly situated near Union Square! All 3 units have identical floor plans and include a kitchen w/ large pantry, living room, full bath & 2 bedrooms. Outside you will find a good sized fenced in back yard & 3 car driveway. Close to major hgwys, restaurants, shops & much more!! Do not let this one get away!!

Listed by Listing Group and Joselin Malkhasian of Lamacchia Realty, Inc.

{$agent->Name}

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

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Virtual TourSave FavoriteSchedule A VisitAsk A QuestionMore Details

Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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.

174 Dorchester St. Boston, MA 02127
info@elevatedboston.com Phone: 617-701-6300