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.

94 Broadway Somerville MA 02145

MLS Number 72975033

  • CommercialSale
  • Square Feet 5,186
  • Acreage 0.15
  • Zoning BA

Highly sought after East Somerville location... Just a couple of blocks from Sullivan Station. This Commercial / Mixed use building offers 4 living units with 3628 sq ft of living space & 2 Retail w/a 2000 sq ft total area = 5186 sq ft. There are two = 3 bed/1 bath units & two = 2 bed 1 bath units. Separated office in back of retail space. Retail space has 2 bathrooms. Below market rents for long time tenants. TAW unit # 2= $1500=2 bed, TAW unit # 1 = $1650=3 bed, Retail $3000. 8-10 car parking in back lot. Separate utilities. All 5 H20 tanks less than 2 years old. Unit 1 was renovated around 7yrs ago. Units 2 was renovated under 1 year ago & Units 3&4 currently being renovated w/new kitchen cabinets. Hardwood & pergo throughout. Mansard roof & gutters approximately 4 years old. Walking distance to T. Gas heating/ electric stoves. This listing is linked as a multi family listing #72975030.Appointment Required.Please do not bother tenants:Do NOT walk the property;Do NOT disturb business

Listed by Dina Castiglia of Arcieri Real Estate Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 5.25% last updated on May 19, 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

94 Broadway Somerville MA 02145

Somerville, MA94 Broadway

Price$2,999,000

Est. Mortgage: $/month

MLS Number 72975030

  • MultiFamily
  • Bedrooms 10
  • Bathroom 7
  • Square Feet 3,628
  • Parking Spaces 8

Highly sought after East Somerville location... Just a couple of blocks from Sullivan Station.This Commercial /Mixed use building offers 4 living units with 3628 sq ft of living space & 2 Retail w/a 2000 sq ft total area = 5186 sq ft.There are two = 3 bed/1 bath units & two = 2 bed 1 bath units.Separated office in back of retail space.Retail space has 2 bathrooms.Below market rents for long time tenants.TAW unit # 2= $1500=2 bed, TAW unit # 1 = $1650=3 bed, Retail $3000. 8-10 car parking in back lot. Separate utilities. All 5 H20 tanks less than 2 years old. Unit 1 was renovated 7yrs ago. Units 2 was renovated under 1 year ago & Units 3&4 currently being renovated w/new kitchen cabinets. Hardwood in units 3&4 & pergo in units 1& 2. Mansard roof & gutters approximately 4 years old.Walking distance to T.Gas heating/electric stoves.This listing is linked as a commercial listing #72975033.Appointment Required.Please do not bother tenants:Do NOT walk the property;Do NOT disturb businesses.

Listed by Dina Castiglia of Arcieri Real Estate Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 5.25% last updated on May 19, 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

277 Alewife Brook Parkway Somerville MA 02144
Open House

MLS Number 72984718

  • MultiFamily
  • Next Open House: Sat 05/28 11:30 am. to 1:00 pm.
  • Bedrooms 6
  • Bathroom 2
  • Square Feet 2,314

Super-sized West Somerville 2 family near Tufts! Each unit has an expansive floor plan that features 3 bedrooms, living room, dining room, kitchen, mudroom, pantry and two separate outdoor spaces! And did we mention the 4 parking spaces (2 per unit)! Architectural details include built-in glass cabinets, paneled wainscoting with plate rails, built-in china cabinets, beamed ceilings, ornamental fireplaces with mantels & antique tile surround, hardwood floors, and bay windows. Further highlights include a shared backyard and a full basement with ample storage for each unit and laundry. Close to many great neighborhoods including Teele Square, Davis Square, and East Arlington. Whole Foods and countless restaurants and shops in proximity. The Alewife Greenway bike path provides opportunity for outdoor activities.

Listed by O'Connor & Highland and Jason D. Highland of Keller Williams Realty Boston-Metro | Back Bay

$
$
%
$/month over payments
Federal 30-year interest rate: 5.25% last updated on May 19, 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

129 North Street Somerville MA 02144

Somerville, MA129 North Street

Price$1,299,000

Est. Mortgage: $/month

MLS Number 72984576

  • MultiFamily
  • Bedrooms 5
  • Bathroom 2
  • Square Feet 2,258
  • Parking Spaces 4

Well maintained family owned 2 family home in great Tufts location. This 5/6 2 family has hardwood floors throughout. Kitchens recently updated. 1st floor consists of living room, dining room with built in hutch 2 bedrooms and eat in kitchen with new cabinets, appliances and flooring.with washer/dryer hookup off kitchen. 2nd floor has 3 bedrooms one located on the 3rd level. Living room and dining room with French doors. to front porch. Kitchen with washer/dryer hookup and 3 season enclosed sun room off kitchen. Many updates including newer roof, heating systems. 2 car garage with additional 4 car parking. Nice Yard. Great opportunity to be in one of the best locations in Somerville minutes to rts, 2, 16 and 60 and the new Tufts/s/green line T stop opening soon. Enjoy tennis and swimming at the Dilboy pool and tennis courts. Won't last!

Listed by Betty Levin of Century 21 Advance Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 5.25% last updated on May 19, 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

10 Watson Somerville MA 02144
Contingent

MLS Number 72984410

  • MultiFamily
  • Bedrooms 5
  • Bathroom 3
  • Square Feet 2,499
  • Parking Spaces 3

Beautiful move in ready 2 family home in the heart of Teele Square, under 10 minutes to Tufts and walking distance to Davis Square. The first floor was a 2 bedroom previously, is currently used as 1 bedroom with gleaming hardwood floors, newer windows, natural gas stove and fire place, newer electrical and windows. Gorgeous top floor owners unit can be used a 3 Bedroom or a 2 Bedroom and features a large 3rd floor master suite with ample closets space, and master bath and on the 2nd floor a large bedroom, bathroom, office (or bedroom), living room, dining room and Kitchen. The 3rd floor has ready to be built space for an additional office. There are three off street parking spaces including 1 garage spot. The home has washer and dryer in the basement along with ample storage. Both units were occupied by owners and home will be delivered VACANT with no previous Tenants. Utilities are separate including 2 gas meters and 3 electric meters. Perfect for owner occupant, investor or developer

Listed by David Last of Last2 Development,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 5.25% last updated on May 19, 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

63-65 Woods Avenue Somerville MA 02144
Contingent

MLS Number 72983969

  • MultiFamily
  • Bedrooms 4
  • Bathroom 2
  • Square Feet 2,538
  • Parking Spaces 3

Thoughtfully maintained & cared for two-family in convenient West Somerville. The 1st floor unit consists of living room with transom window & French doors leading out to a three-season porch. Spacious dining room leads to the kitchen with gas cooking, pantry storage & a back deck. The two-bed, one bath 2nd floor unit has an office/study located between the three-season porch & living room with transom window. The bright dining room features built-in China cabinet leads to the kitchen & 2nd three-season porch. Other features: Newer Roof & heating systems. Abundant storage in the attic as well as the basement. Common washer & dryer. Relaxing level yard. Three-car tandem parking plus a storage shed in the driveway. Located less than half a mile to Tufts University & the future Green Line station at College Ave, less than one mile to West Medford Commuter Rail Station and one mile to Davis Square. One block away from Dilboy Stadium & recreation area. Easy access to Route 2 & 93.

Listed by The Team - Real Estate Advisors and Brian C. Long of Coldwell Banker Realty - Cambridge

$
$
%
$/month over payments
Federal 30-year interest rate: 5.25% last updated on May 19, 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

9 Gorham Street Somerville MA 02144
Contingent

MLS Number 72983492

  • MultiFamily
  • Bedrooms 6
  • Bathroom 5
  • Square Feet 3,600
  • Parking Spaces 3

Opportunity knocks!!! In highly sought after Davis Square location. Buyers looking for an owner-occupied rental, family compound or an investment property will want to see this one-of-a-kind 3-family home that is on a large lot in a hot neighborhood. One unit is a private, newly remodeled Carriage House with copious amounts of sunlight, a master suite and tasteful kitchen. The main house consists of two units, each with their own unique layout. The first floor is an open concept 2-bedroom updated with a granite kitchen and tiled bath. On the second floor you’ll find a 2-floor unit with 3/4 bedrooms and 2-baths. In addition to the plentiful amount of living space, the oversized lot also contains a private pool, spacious patio area and parking for 3 cars. With a Walk Score of 87 to the highly sought after Davis Square, you can enjoy a variety of restaurants, popular entertainment venues, and easy access to public transportation. Take advantage of nearby access to the Somerville Community

Listed by Derek Nolan of Berkshire Hathaway HomeServices Town and Country Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 5.25% last updated on May 19, 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

156 Sycamore Street Somerville MA 02145

MLS Number 72983447

  • MultiFamily
  • Bedrooms 6
  • Bathroom 4
  • Square Feet 3,472
  • Parking Spaces 4

Come see this beautiful 3 fam located atop Winter Hill. This property boasts three updated units with all leases running through 8/31/2022. The first floor has two 1 bed apartments with updated kitchens including granite counters, stainless steel appliances including gas stove and dishwasher, hardwood floors, tiled bathrooms and both get great natural light. Second floor enters into a massive bi-level 4 bed 1.5 bath with large sliding door that walks out onto large deck. Good sized bedrooms, bonus room for office, excellent light, tiled bathrooms and an eat-in kitchen with granite counters, fully applianced including gas stove and dishwasher. Each unit has it's own private outdoor space and there are also two large shared yards. 4 off street parking spaces (2 in driveway - 2 in side lot). Well maintained throughout with coin-op laundry in basement along with bonus storage areas. Close to all Somerville has to offer including the GLX, Magoun Square, Assembly Row and easy access to I93.

Listed by Benjamin Leavitt of Compass

$
$
%
$/month over payments
Federal 30-year interest rate: 5.25% last updated on May 19, 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.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

101 Glenwood Road Somerville MA 02145

MLS Number 72981602

  • MultiFamily
  • Bedrooms 5
  • Bathroom 3
  • Square Feet 3,498
  • Parking Spaces 3

Superb location on this oversized THREE floor/TWO family home that has been in the same family for over 100 years! Old world charm galore with a beautiful stained glass window, high ceilings, spacious rooms, wide wooden staircase, claw foot tubs & ceiling medallions. The first floor consists of an open living/dining room with pretty hutch that flows into the eat-in-kitchen w/pantry and is completed with a 3/4 bath and bedroom. On the second floor you will find a similar layout with front and back porches, but with a beautiful staircase leading to a finished third floor! The third floor is versatile and perfect for an artist loft, home office, or additional living area. It is finished with 2/3 more bedrooms/full bath, wet bar area and has second egress. Off street parking, lots of storage, and pretty yard with koi pond! Walk to restaurants, shops, bus line, & green line expansion. Delivered vacant and awaiting your finishing touches! Amazing opportunity for investors or owner occupants

Listed by Kristin Gennetti of Century 21 North East

$
$
%
$/month over payments
Federal 30-year interest rate: 5.25% last updated on May 19, 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

56-58 Boston Street Somerville MA 02143
Contingent

MLS Number 72981465

  • MultiFamily
  • Bedrooms 5
  • Bathroom 2
  • Square Feet 2,861
  • Parking Spaces 8

Don’t miss this unique and exciting Philadelphia Style 2-family w/single family potential! Separate front doors side-by-side where both units have rooms on 2 levels giving them a total home-like feel. Located in the heart of Somerville’s sought-after Prospect Hill neighborhood, you will not find a more expansive property. Thoroughly maintained and frequently updated by the current owners for almost 50 years, this 13 rm, 5 bed, 2 bath, oversized layout has boundless opportunity. Always occupied as a single family residence this home has a multitude of uses. Property boasts an updated kitchen, hardwood floors, detailed woodwork throughout and newer systems. Rare oversized corner lot with beautiful city views, a 2-car detached garage, and ample off-street parking make for a full package. Walk-up unfinished basement & attic allow for plentiful storage. This property is a gem...hot location, highly accessible, close to green line, union square, assembly row, restaurants, and entertainment!

Listed by Piantidosi Group and Leah Piantidosi of Coldwell Banker Realty - Andover

$
$
%
$/month over payments
Federal 30-year interest rate: 5.25% last updated on May 19, 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.