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.

43 Prichard Avenue Somerville MA 02144

Somerville, MA43 Prichard Avenue

Price$1,279,000

Est. Mortgage: $/month

Open House

MLS Number 72846003

  • Multi-Family 2 Family
  • Next Open House: Sat 06/12 12:00 pm. to 3:00 pm.
  • Total Parking Spaces 3
  • Year Built 1900
  • Bathroom 2

Beautiful philly-style 2-family duplex in quiet sought after somerville neighborhood near tufts and upcoming ball square t stop!!!3 bedrooms (up) and 1 bath in one unit and a 1 bedroom/1bath the other unit, large eat-in kitchens w/gas stoves, front & rear porches, sepearate laundry areas in both units. Double hung windows, beautiful natural hardwood floors. Separate utilities-2 separate forced hot water natural gas furnaces and newer natural gas hot water tanks, off street parking for 3 cars and possibility to create more around back. 1 bedroom unit is currently vacant and owners currently live in the 3rd unit. Both units will be delivered as is & vacant for the new owners!!

Listed by Darin Thompson of Stuart St James, Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* 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

190 Pearl Street Somerville MA 02145

Somerville, MA190 Pearl Street

Price$1,249,900

Est. Mortgage: $/month

MLS Number 72846596

  • Multi-Family 3 Family - 3 Units Up/Down
  • Total Parking Spaces 6
  • Year Built 1915
  • Bathroom 5
  • Full Bath 5

Investors and owner-occupants. Great income potential and opportunity to live in this East Somerville neighborhood close to Assembly Row, Sullivan Square T, and the new Green Line Extension. This 3 Family home offers. First Floor unit with 2 Beds, Living room, kitchen, and 2 baths. Second-floor 3 Beds, Living room, kitchen, and 1 bath. Third-floor 2 Beds, Living room, kitchen, and 1 bath. High ceiling basement storage with a full finished bathroom, as well a nice yard space with plenty of off-street parking for 5-6 cars. Please follow all COVID guidelines. Masks at all times. OPEN HOUSE - SATURDAY 06/12 from 12 pm to 3:00 Pm

Listed by William Anael of Casas Home Realty Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* 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

67 Marion Street Somerville MA 02143
Open House

MLS Number 72847048

  • Multi-Family 3 Family
  • Next Open House: Sat 06/12 12:00 pm. to 2:00 pm.
  • Total Parking Spaces 3
  • Year Built 1920
  • Bathroom 4

CASH COW, TURN KEY INVESTMENT! Spacious, 18 room, stately triple decker on Cambridge/Somerville line just off Beacon St near Whole Foods. Bay windows, hardwood floors, updated kitchens and baths, rubber roof, newer updated systems, 200 Amp electric, coin op laundry, oversized rear porches with mahogany flooring, separate heat and hot water and super convenient to Union Sq ( Green line opening fall, 2021) as well as Inman, Harvard and Tech Squares.3 car tandem parking in driveway: PRESENT GOI $123000; PRESENT NET IS $101,655. 5% CAP IS $2,033,100 ! Leases in place through August 31. 2022. This property has been very well maintained for many years by seasoned property owner and offers tons of upside going forward .

Listed by Gary Vrotsos Team and Gary S. Vrotsos of Coldwell Banker Realty - Cambridge

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* 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.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

34-36 Curtis Avenue Somerville MA 02144
Open House

MLS Number 72846367

  • Multi-Family 2 Family
  • Next Open House: Sat 06/12 12:30 pm. to 2:00 pm.
  • Total Parking Spaces 5
  • Year Built 1920
  • Bathroom 3

This sizable and well laid out two-family is an owner/investor's dream and the larger unit is powered by solar panels. Upstairs is a beautifully updated 2-level, 3-bedroom, 2-bath home with skylights, a modern kitchen, and custom built-ins galore. The 2-bedroom, 1-bath apartment downstairs is perfect for extended family or rental income. There's lots of parking -- a 2-car garage and a 3-car driveway, and the three decks and a landscaped backyard with a patio offer ample outdoor space. The property has a total of 13 rooms on three levels and will be delivered vacant. Conveniently located on Curtis Avenue, a quiet side street close to Tufts, the Mystic River, Whole Foods, and just 1 mile to the MBTA Red Line at Davis Square.

Listed by True Home Partners, Lisa Drapkin and Jennifer McDonald of Compass

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* 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.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

81 Gilman Street Somerville MA 02145

Somerville, MA81 Gilman Street

Price$800,000

Est. Mortgage: $/month

Open House

MLS Number 72847122

  • Multi-Family 2 Family
  • Next Open House: Sun 06/13 1:00 pm. to 2:30 pm.
  • Total Parking Spaces 1
  • Year Built 1900
  • Bathroom 3

Large 2 family house with 3 levels of living walking distance to the new Gilman Square! First floor has 3 bds, second floor has 5 bd/2 full bath. All hardwood/bamboo floors, new cabinets and quartz countertop for unit 2. New roof 2020, Lead paint compliance letter for unit 1. Separate electric panels for all 3 units (attic unit has its own electric panel in the attic) , 2 Electric meters, 2 Gas meters, 2 Gas furnaces, 2 newer hot water heaters, all units are tenant occupied with Tenancy at will leases. Great Tenants! Large walk-out basement which could be finished in future. Conventional Loans only. will not Qualify FHA due to peeling paint outside Possibility to be converted to a 3 family house with city permits or convert to 2 large condos. Immense possibilities! . Showings Open House only Sunday June 13, from 1.00 pm to 2.30 pm. All offers due Monday 5.00 pm, June 14, 2021. Don't miss out on this opportunity! Property is being sold in "AS IS"/"WHERE IS".

Listed by Sue Radhey of The Great Boston Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* 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

31 Adrian Street Somerville MA 02143

Somerville, MA31 Adrian Street

Price$1,098,000

Est. Mortgage: $/month

MLS Number 72844893

  • Multi-Family 2 Family
  • Year Built 1900
  • Bathroom 2
  • Full Bath 2
  • Bedrooms 6

ATTENTION INVESTORS AND CONTRACTORS! Great opportunity to own and invest in Somerville! This 2 Family is conveniently situated in one of Somerville's desirable neighborhoods. Located within close proximity to both Union and Inman Squares and short distance to new Greenline Extension at Union Sq.that is scheduled to start running in the Fall of 2021. Tons of potential here for condo conversion, rental and income or turn it into a grand single family home! To be SOLD "AS IS" Shown by appointment and Serious Inquiries Only.

Listed by Pauline Golden of Real Estate Resources

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* 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

366 Broadway Somerville MA 02145

MLS Number 72844921

  • Multi-Family 5-9 Family
  • Total Parking Spaces 18
  • Year Built 1975
  • Bathroom 70
  • Full Bath 35

Somerville Winter Hill Rare Offering of a by right 35 unit residential development project. Currently used as a medical offices by FOUR tenants and has potential to be divided into EIGHT units. Located in a neighborhood business district please see new zoning for MR4 zone for possibility of developing into 35 residential units.property has potential for a variety of uses. Tenants and their clients enter directly off Broadway through a nicely tended landscape and foyer, and have direct access out the rear door to a large parking lot located directly behind the building. One of the units is currently vacant and was recently occupied by a large, successful dental practice that is relocating late this year. Buyer must do own due diligence. Seller makes no representations but believes that a 35 unit residential Development can be built at this site. Please do your own due diligence on the Development prospect of this amazing property. Please see analysis attached here. 1 unit vacant.

Listed by David Lilley of RE/MAX Destiny

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* 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

669 Somerville Avenue Somerville MA 02143

Somerville, MA669 Somerville Avenue

Price$4,300,000

Est. Mortgage: $/month

MLS Number 72844973

  • Multi-Family 5-9 Family
  • Year Built 1920
  • Bathroom 8
  • Full Bath 8
  • Bedrooms 14

Rare offering! This is a meticulously maintained 8 unit (7 residential & 1 commercial) 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. two 1 bedroom apts and three 2-bedroom apts. Two 3-bedroom units have a huge living area overlooking a Boston and Porter Square. Well maintained 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. An opportunity exists to significantly increase rents by simply waiting for leasing to expire & increase rents. Property is located walking distance to Davis Sq/Porter sq and Harvard 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

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* 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

21-23 Alston Street Somerville MA 02143

MLS Number 72843064

  • Multi-Family 3 Family
  • Year Built 1884
  • Bathroom 6
  • Full Bath 5
  • Half Baths 1

Attention Investors and Owner Occupants!! Gigantic 3-Family on Alston St in Union Square, Somerville!!! All three units were renovated following the owner's purchase of the building in 2015. Unit #1 is a 4-bed, 1.5-bath on the first floor, the other two units are 2nd and 3rd floor, 4-bed, 2-bath, with one being townhouse style (perfect for an owner occupant.) All three units have laundry, updated kitchens and baths. Perfect opportunity to capitalize on the coming Green Line extension stop. Don't miss out on this opportunity!

Listed by Rev Realty Team and Louis Gordon of Revolution Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* 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

40 Mansfield Street Somerville MA 02143
Active With Contract

MLS Number 72842639

  • Multi-Family 2 Family - 2 Units Up/Down
  • Total Parking Spaces 6
  • Year Built 1900
  • Bathroom 2
  • Full Bath 2

This sturdy multifamily is located in the desirable Union Square, just minutes away from the T and many Somerville classics! This duplex has great flow, allowing for easy access to both units and the full basement. These spacious units wield high ceilings, large rooms, and an abundance of natural sunlight. They are truly bright and sunny living spaces. Furthermore, this property offers a two-car garage and four additional off-street parking spaces! The units may need some updating, but the home is in solid condition with good bones. The roof is ten years old, and the heating systems were installed in 2012. Come and see this classic multifamily for yourself at the open house on June 5th from 11-1 and June 6th from 11:30-1:30. Buyers are to do their own due diligence. All offers due on Monday, June 7th by 5pm, please send in one pdf.

Listed by Jim Riccardi and Nick Alexander of StartPoint Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* 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. 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.