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Somerville MA Multi-Family Properties

Empowering Your Real Estate Investment Search

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Steve Martin
Buy or Sell a Multi
Licensed in MA

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Kevin Potter
Mortgage Financing
NMLS# 1401242, 3029, 41781

Header Left

Steve Martin
Buy or Sell a Multi
Licensed in MA

Header Right

Kevin Potter
Mortgage Financing
NMLS# 1401242, 3029, 41781
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Welcome to the #1 Marketplace for Multi-Family Buyers and Sellers in MA





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Market Statistics

Somerville

Price Range
$660,000 to $12,000,000
Yearly Volume
$195,796,281
~150/year
Avg Days-on-Market
34
Sale to List Price
98%
Rent Range (1-4BR)
$1,900 - $3,131
Avg Price/Sq.Ft.
$404

Properties Currently for Sale

16 Properties

355 Washington Street
Somerville MA

$1,750,000 3 Units
4,430 SqFt 5 BR
1.50% Cap Rate
-12.10% Cash-on-Cash Return

28 Brook St
Somerville MA

$850,000 2 Units
2,056 SqFt 4 BR
3.50% Cap Rate
-4.20% Cash-on-Cash Return

41 Horace St
Somerville MA

$1,180,000 2 Units
3,078 SqFt 5 BR
2.80% Cap Rate
-7.00% Cash-on-Cash Return

9-11 Upland Park
Somerville MA

$1,225,000 2 Units
3,302 SqFt 6 BR
2.90% Cap Rate
-6.70% Cash-on-Cash Return

62 Newton St
Somerville MA

$1,120,000 2 Units
1,998 SqFt 7 BR
3.20% Cap Rate
-5.50% Cash-on-Cash Return

9 Gorham St
Somerville MA

$1,849,999 3 Units
3,600 SqFt 6 BR
2.10% Cap Rate
-9.90% Cash-on-Cash Return

75 Marshall St
Somerville MA

$1,100,000 2 Units
2,364 SqFt 3 BR
2.30% Cap Rate
-9.10% Cash-on-Cash Return

147 Cedar Street
Somerville MA

$2,000,000 6 Units
3,768 SqFt 6 BR
3.60% Cap Rate
-3.90% Cash-on-Cash Return

45-47 Puritan Road
Somerville MA

$1,099,000 2 Units
3,002 SqFt 4 BR
2.70% Cap Rate
-7.60% Cash-on-Cash Return

34 Grant St.
Somerville MA

$1,270,000 3 Units
3,912 SqFt 7 BR
3.70% Cap Rate
-3.60% Cash-on-Cash Return

33 FRANKLIN AVE
Somerville MA

$1,099,900 2 Units
2,268 SqFt 7 BR
3.80% Cap Rate
-3.00% Cash-on-Cash Return

12 Cypress St
Somerville MA

$899,000 2 Units
1,656 SqFt 4 BR
3.40% Cap Rate
-4.80% Cash-on-Cash Return

30 Pembroke Street
Somerville MA

$1,595,000 2 Units
3,618 SqFt 8 BR
2.40% Cap Rate
-8.80% Cash-on-Cash Return

126 Pearl Street
Somerville MA

$3,200,000 7 Units
7,629 SqFt 99 BR
16.10% Cap Rate
46.30% Cash-on-Cash Return

282-284 McGrath Highway
Somerville MA

$1,299,000 1 Units
2,385 SqFt 1 BR
-0.30% Cap Rate
-19.30% Cash-on-Cash Return

33 Jaques St
Somerville MA

$1,465,000 3 Units
4,845 SqFt 9 BR
3.70% Cap Rate
-3.40% Cash-on-Cash Return
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, landlords 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, leasing or renting 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, leasing or renting. 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.

Schedule Showings

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Steve Martin
Wellsco Realty
617-212-3251

Multi-Family Financing

Discuss options and your purchasing power.

Kevin Potter
Cross Country Mortgage
978-548-4464

Sell a Multi-Family

Find out how to get max value for your property.

Steve Martin
Wellsco Realty
617-212-3251

Recent Sales in Somerville MA

7 Gilman Ter (3 units) $1,200,000
138 Orchard Street (2 units) $1,250,000
17-19 Morrison Ave (2 units) $1,250,000
58 Otis St (2 units) $1,175,000
35 Linden St (3 units) $1,175,000
14 Dana St (2 units) $960,000
263 Powder House Blvd (2 units) $900,000
24 Warren Ave (3 units) $1,450,000
44 Russell Road (3 units) $1,285,000
46-48 Sunset Rd. (2 units) $1,060,000
244 Powder House Blvd (2 units) $985,000
79-83 Beacon Street (6 units) $4,275,000
179 Albion St (3 units) $1,225,000
17-19 Malvern Avenue (3 units) $1,180,000
38-40 Preston Road (3 units) $1,450,000
7 Fairlee St (2 units) $1,000,000
127-129 SUMMER STREET (6 units) $2,075,000
72 Boston Street (2 units) $1,275,000
5-6-7-8 Homer Sq (4 units) $1,430,000
63 Hudson (2 units) $1,030,000
88 Winslow Ave (2 units) $2,450,000
35-37 Calvin St (3 units) $1,400,000
15 Glenwood Road (3 units) $1,500,000
207 Lowell St (3 units) $1,019,300
8 Otis Street (3 units) $1,070,000
23 Jaques St. (2 units) $875,000
17 Kenneson Rd (3 units) $1,710,000
227-229 Powder House Blvd (2 units) $1,020,000
20 Concord Ave (2 units) $1,380,000
37 Putnam St (2 units) $1,425,000
76-78 Perkins Street (6 units) $3,900,000
109 Hudson St (2 units) $1,135,000
65 Sterling St (2 units) $910,000
21 Simpson Ave (3 units) $1,425,000
15-15A Albion Street (2 units) $1,500,000
49 Francesca Ave (3 units) $1,476,600
110 Perkins St (14 units) $2,980,000
1 Washington St (2 units) $1,050,000
79 Rogers Ave (2 units) $1,280,000
70-72 Farragut (2 units) $1,200,000
68 Mount Vernon St (2 units) $1,500,000
10 Olive Ave (2 units) $865,000
24 Park Ave (3 units) $1,480,000
39 Adams Street (3 units) $1,400,000
243 Willow Avenue (2 units) $1,540,000
12 Maple Ave (2 units) $1,100,000
95-97 Bailey Rd (2 units) $920,000
11 Foskett St (3 units) $1,200,000
31 - 33 Minnesota Ave (2 units) $900,000
21 Jaques Street (3 units) $1,350,000
108-110 Glenwood Rd (3 units) $1,450,000
52 Pearson Rd (2 units) $1,270,000
64-66 Bonair Street (2 units) $920,000
54 Paulina St (2 units) $1,200,000
275 Summer (3 units) $1,735,000
77 Partridge Avenue (2 units) $1,147,000
34 Windsor Road (3 units) $1,450,000
297 Beacon St (2 units) $1,019,000

Historical Trends

Average Sale Prices – 2 Unit Buildings

Average Sale Prices – 3 Unit Buildings

Average Sale Prices – 4 Unit Buildings

Average Sale Prices – 5+ Unit Buildings

Average Market Time

Average Rental Prices

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Steve Martin
Wellsco Realty
617-212-3251 direct
978-518-1481 office
40R Merrimac Street, Newburyport, MA 01950

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