Multi-Family

250-256 Somerville Avenue Somerville MA 02143

MLS Number 73222468

  • MultiFamily
  • Bedrooms 24
  • Bathroom 12
  • Square Feet 13,543
  • Parking Spaces 12

Prime investment opportunity in bustling Union Square! This 12-unit apartment property with 16 parking spaces is a cash flowing dream property! Immediately proximate to the new Union Square train station and significant area improvements to infrastructure, commercial property, and community spaces. All apartments are presently graciously sized two bedrooms, mostly updated, several with in-unit laundry (coin-ops also in basement). The current leasing season is supporting projected gross rents of approximately $580,000. Historical operating expenses of about $65,000. Projected NOI from operations of $515,000! Projected gross rents based on units renting at $3,950 and 4 parking spaces at $300. Private showings for qualified buyers only.

Listed by William Senne, Moises Martinez and Moises Morin-Martinez of Senne

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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

21 Allen Street Somerville MA 02143

Somerville, MA21 Allen Street

Price$7,595,000

Est. Mortgage: $/month

MLS Number 73211289

  • MultiFamily
  • Bedrooms 76
  • Bathroom 91
  • Square Feet 47,572

The Ropewalk is a 69-unit multi-family development in the heart of Union Square, adjacent to the newly opened MBTA Station. The arrival of the Green Line Transit Station has precipitated a rapid transformation of the Square. The Square's $2 billion, 3.8 million SF master-planned development, coined USQ spans 20 acres and includes 2.4M SF of lab and innovation space,150,000 SF of retail and restaurant space, and 4.7 acres of vibrant open spaces. Phase I was delivered by Magellan Development in Q3 2023 with future phases set to break ground in 2024. Boynton Yards and Somerville Gateway which border Union Square to the east and south are complimentary master-planned developments adding a combined 4.1 million SF state-of-the-art life sciences/biotech, hotel, and retail spaces to the broader neighborhood. The project is in a qualified OZ and has been permitted as a Passive House project; set to achieve the highest level of sustainability. Approvals allow for either apartments or condos.

Listed by Ryan Taylor and Justin Pepple of Fortune RE

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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

11 Ashton Place Methuen MA 01844

Methuen, MA11 Ashton Place

Price$7,500,000

Est. Mortgage: $/month

MLS Number 73243501

  • MultiFamily
  • Bedrooms 46
  • Bathroom 30
  • Square Feet 99,999
  • Parking Spaces 40

Ashton Place in Methuen MA. Existing monthly rent roll based on full occupancy is gross $46,975 with the potential to increase rents. The property was fully gut rehabbed within the last 5 years with all new electric, HVAC, sprinkler, fire alarm, new bathrooms and new kitchens with stone counter tops and stainless steel appliances. This remarkable building offers 30 apartments that are a mix of studios, 1 bedroom and 2 bedrooms with 30 off-street parking spots and a laundry room ensuring convenience for residents. Each apartment is separately metered for Gas and Electric, including individual on-demand hot water heaters. Easy access to 93. Please see rent roll attached, MLS will not allow correct figures.

Listed by Andrew Haddad of Northeast Development & Investment,Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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

176-182 Broadway Somerville MA 02145

Somerville, MA176-182 Broadway

Price$4,599,900

Est. Mortgage: $/month

MLS Number 73242046

  • MultiFamily
  • Bedrooms 99
  • Bathroom 198
  • Parking Spaces 20

Developable five story mixed use development project. Possible buildout w/ typical construction will allow up to 28 units and approx 31,970 gross sq ft of building and approx 1,125 average per unit size or building as a net zero building...You can put up to 37 maximum units with approx 577 sq ft more or lessincludes 2 parcels w/ over 11,000 sq ft of land, being sold as a package. Zoned mr5. Addtnl commercial space of up to 5000 sq ft is allowed. One parking space required per unit...There is enough for up to 23 spaces on site. Specital permit for relief regarding parking needed to achieve maximum number of units. Seller will wait for buyer to receive project approvals before closing. Buyer responsible for all fees incl but not limited to architects fees, attorney fees etc necessary to obtain approvals. Affordable requirement for city of somerville is 20%. Great location rated a walker's paradise score of 95. Insanely convenient...Under a mile to green and orange line subway stops!

Listed by The Steve Bremis Team and Stephen Bremis of Steve Bremis Realty Group

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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

1 Beacon Street Somerville MA 02143

MLS Number 73226159

  • MultiFamily
  • Bedrooms 16
  • Bathroom 8
  • Square Feet 6,812
  • Parking Spaces 4

One Beacon, 6.70% cap rate with rental upside, is a turn-key asset exceptionally located in Somerville’s Inman Square neighborhood on the Cambridge border. The Property contains six units consisting of (4) 4-Bedroom/2-Bathroom units and two commercial units. The Property is fully leased and has undergone extensive interior unit renovations featuring condo quality finishes in the residential units including new kitchens with custom cabinets, quartz counter tops and stainless-steel appliances, updated bathrooms with new tile flooring and high-end fixtures, vinyl plank floors as well as new forced hot air and central air-conditioning systems and Navien tankless hot water systems. The commercial tenant, Trina’s Starlite Lounge and Parlor Sports (both leased by one tenant), recently extended their lease for 5-years (through August 31, 2029) and reimburse their pro-rata share of Real Estate Taxes, Insurance and Utilities. Common laundry for tenants is located on the 2nd and 3rd floor.

Listed by John Pentore and Dennis Kelleher of Horvath & Tremblay

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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

1006 Broadway Somerville MA 02144

Somerville, MA1006 Broadway

Price$4,195,000

Est. Mortgage: $/month

MLS Number 73250108

  • MultiFamily
  • Bedrooms 24
  • Bathroom 24
  • Square Feet 14,854
  • Parking Spaces 8

12-unit boutique condo project in close proximity to Davis Square adjacent to Tufts University. The by-right project features four (4) Semi-Detached structures each containing three (3) units. Projects GFA total 15,691 SqFt and 8 off-street parking spaces. The Seller has obtained conditional lot split approval to be recorded upon demolition of the existing structure. Historical requirements have been satisfied. No affordable units are required per zoning. No discretionary permit or site plan approval is required. Buyer will proceed directly to ISD for demolition and building permits. Projected sell-out $13.28MM. Please inquire for full offering.

Listed by Ryan Taylor and Justin Pepple of Fortune RE

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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

526 Western Avenue Lynn MA 01904

Lynn, MA526 Western Avenue

Price$4,000,000

Est. Mortgage: $/month

MLS Number 73173826

  • MultiFamily
  • Bedrooms 43
  • Bathroom 16
  • Square Feet 17,688

Listed at a 7.28% Cap Rate on current income, the asset is a four-story brick building contains sixteen (16) units comprised of eleven (11), 3-Bedroom/1-Bathroom units and five (5), 2-Bedroom/1-Bathroom units with 17,688 square feet of living area on a 0.13-acre corner parcel of land. The Property is well-located at the intersection of Western Avenue and Franklin Street and is 0.1-miles from Stop & Shop. The Property is situated along the edge of Downtown Lynn and is walkable to numerous dining, drinking, shopping, cultural and entertainment amenities including Central Square, BayRidge Hospital, and North Shore Community College. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market. The option exists to potentially assume the existing debt at 4.04% interest rate.

Listed by Stephen Girolamo of Horvath & Tremblay

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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

88 Rocky Neck Avenue Gloucester MA 01930

MLS Number 73243379

  • MultiFamily
  • Bedrooms 5
  • Bathroom 5
  • Square Feet 3,678
  • Parking Spaces 9

ROCKY NECK WATERFRONT FOUR FAMILY W/ COMMERCIAL DEEP WATER CHAP 91 DOCK- The dock can accommodate large fishing boats or multiple pleasure craft and extends out to the Harbor Commissioner's Line in the harbor. There are 4 residential units, one original to the property and 3 newer units built in 2004. The 2004 building has (2) one bedroom units, and (1) two bedroom unit, both with private decks and sweeping harbor views. The original unit is located on the dock with wrap around harbor views of Gloucesters inner harbor. A parade of boats will keep you entertained along with summertime fireworks and the Parade of Sail. Rocky Neck is the oldest art colony in the country with art studios & galleries, restaurants & bars, and a multitude of water activities. It's a short distance to downtown, Niles Beach & Eastern Point Yacht Club. Bring your boat, big or small! There is potential to add multiple fingers to the dock for more dockage. All units have separate utilities except for water/sewer.

Listed by Karen Bernier of Churchill Properties

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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

84-86-86r Cross Street Somerville MA 02145

Somerville, MA84-86-86r Cross Street

Price$2,779,900

Est. Mortgage: $/month

MLS Number 73218290

  • MultiFamily
  • Bedrooms 8
  • Square Feet 4,660
  • Parking Spaces 3
  • Property SubType 5-9 Family

SIX TOTAL UNITS...EXTENSIVELY RENOVATED FOUR FAMILY AND TWO FAMILY PACKAGE IN PRISTINE CONDITION... UNDER HALF MILE TO NEW GREEN LINE AND JUST OVER HALF MILE TO ORANGE LINE. This Two Property Package INCLUDES SIX TOTAL UNITS IN A FOUR FAMILY AND TWO FAMILY ON SAME LOT. Four out of 6 units have been gut renovated to the studs with granite counter kitchens and new appliances. Updated roof, electric, hot water tanks and roof. Gross Monthly Rent is $13,300/ Gross Annual $159,600 (does not include 4 coin op washer & dryers). All unit utilities are separate. RENTS ARE SUBSTANTIALLY UNDER MARKET and rent roll can be increased significantly. Off street parking with TWO DRIVEWAYS. Perfect candidate for future condo conversion given extensive recent renovation to the property or a great 1031 Tax Deferred Exchange candidate. FANTASTIC LOCATION. Rated a Walker's Paradise Walk Score of 90. Rated a Rider's Paradise Transportation Score of 90 and a Very Bikeable Bike Score of 85l

Listed by The Steve Bremis Team and Stephen Bremis of Steve Bremis Realty Group

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

19 Garfield Street Watertown MA 02472

Watertown, MA19 Garfield Street

Price$2,750,000

Est. Mortgage: $/month

Open House

MLS Number 73221715

  • MultiFamily
  • Next Open House: Sun 06/23 12:00 pm. to 1:30 pm.
  • Bedrooms 6
  • Bathroom 6
  • Square Feet 6,274

A unique home in a prime Watertown location. Large four-level turn of the century, stately home, restored top to bottom, on a beautifully landscaped lot. An unusual stucco version of the Colonial Revival style with a mix of modern, Italianate and Craftsman features with wood details everywhere. Designed by Putnam and Cox architects of Boston; original specs available. Floor to ceiling arched windows/doors in the south-facing solarium open onto a patio and twin staircases leading to a yard enclosed by mature trees. A fireplace with an impressive oak mantle, flanked by oak shelves and drawers, dominates the living room. Rich wood wainscoting defines the dining room. A one bedroom accessory apartment with a deck is ideal for guests, live-ins or rental. Unusual features include library weight structure, interior sound insulation, three gas fireplaces, sprinkler system with monitored alarm, and many built-ins. Two car garage with 220 lines. Close to Cambridge and public transportation.

Listed by Bill Aibel of Coldwell Banker Realty - Cambridge

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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

90 Highland Avenue Newton MA 02460

Newton, MA90 Highland Avenue

Price$2,700,000

Est. Mortgage: $/month

Open House

MLS Number 73222940

  • MultiFamily
  • Next Open House: Sat 06/22 12:30 pm. to 2:00 pm.
  • Bedrooms 7
  • Bathroom 6
  • Square Feet 6,017

Gracious & Spacious 18 rm, 6000+sf Victorian with main 13rm/4.5 ba home AND renov. 5rm/1ba RENTAL apartment. Offset the mortgage by $3200/mo or house extended family! Priv. main house offers flow & flexibility w/circular & open plan that extends outside, via multiple french doors, to professionally lndscpd gardens & patios that include in ground hot tub & gas firepit. Victorian charm & detail inside & out (4 FP, bay windows, etc), offer a home w/character & touch of formality, yet with large, open & interchangeable rooms (& a 2 rm/1ba garden lvl in law/au pair space), that work well for modern family living & some great entertaining! Gut renovated in 2002, with many upgrades/additions since, this home is move in ready. Amazing solarium/great rm addition w/wd stove & wet bar. Apartment is gorgeous & has central a/c & in unit w/d. Choice location, on historic & picturesque Newtonville St, walk to commuter rail, shops/restaurants, schools & easy access to pike/to airport or Boston.

Listed by Lisa Johnson of RE/MAX Destiny

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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

640 Mystic Avenue Somerville MA 02145

Somerville, MA640 Mystic Avenue

Price$2,650,900

Est. Mortgage: $/month

MLS Number 73235507

  • MultiFamily
  • Bedrooms 9
  • Bathroom 9
  • Square Feet 5,096
  • Parking Spaces 6

Best deal in somerville!!! ($520sf in somerville with garage pkg!!!!) and 1031 exchange opportunity! 3 custom side by side townhouses with 6 garage spaces. Each residence was tastefully designed and built to the highest levels by an award-winning developer, with chefs eik kitchens, bertazzoni ranges, ss appliances, gleaming hardwood floors, open concept lvrm/dnrm/kitchen with a direct walk out patio. The 2nd level has 2 bedrooms, w&d, a full bath & an office nook. The top floor has a gracious primary bedroom suite with two wics, a double vanity, extra cabinet storage & a spa like walk in shower. Each unit has an exclusive balcony area accessed from the primary bedroom, with unobstructed views of the mystic river and encore casino. Built in 2018, soundproofing was included as well as a fire sprinklers/alarm system. The building is 100% occupied.

Listed by Boston RE Group and Heather Olin of Coldwell Banker Realty - Boston

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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.