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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

29 Properties

92 Newton Street
Somerville MA

$1,700,000 3 Units
3,775 SqFt 9 BR
3.20% Cap Rate
-5.50% Cash-on-Cash Return

361 Highland Ave
Somerville MA

$1,699,000 3 Units
3,385 SqFt 7 BR
2.90% Cap Rate
-6.70% Cash-on-Cash Return

14-16 Putnam Rd
Somerville MA

$1,289,900 2 Units
3,750 SqFt 6 BR
2.60% Cap Rate
-8.00% Cash-on-Cash Return

79 Glenwood Rd
Somerville MA

$1,080,000 2 Units
2,515 SqFt 6 BR
3.10% Cap Rate
-6.00% Cash-on-Cash Return

51 Willow Ave
Somerville MA

$1,450,000 3 Units
3,463 SqFt 5 BR
2.70% Cap Rate
-7.50% Cash-on-Cash Return

141 Hillsdale Rd
Somerville MA

$1,199,000 2 Units
3,507 SqFt 6 BR
2.80% Cap Rate
-6.90% Cash-on-Cash Return

269 Alewife Brook Pkwy
Somerville MA

$1,175,000 2 Units
2,626 SqFt 6 BR
3.00% Cap Rate
-6.20% Cash-on-Cash Return

70 Moreland Street
Somerville MA

$1,199,000 2 Units
2,200 SqFt 5 BR
2.90% Cap Rate
-6.70% Cash-on-Cash Return

54 Cameron
Somerville MA

$1,265,000 2 Units
1,944 SqFt 6 BR
2.60% Cap Rate
-7.70% Cash-on-Cash Return

53 Sargent Ave
Somerville MA

$1,850,000 3 Units
3,223 SqFt 5 BR
2.10% Cap Rate
-9.70% Cash-on-Cash Return

34 Pearl St
Somerville MA

$1,599,000 3 Units
3,116 SqFt 6 BR
3.10% Cap Rate
-6.00% Cash-on-Cash Return

34 Grant St.
Somerville MA

$1,260,000 3 Units
3,912 SqFt 7 BR
4.00% Cap Rate
-2.40% Cash-on-Cash Return

53 Sydney street
Somerville MA

$799,000 2 Units
2,685 SqFt 5 BR
3.80% Cap Rate
-3.20% Cash-on-Cash Return

26-28 Ten Hills Road
Somerville MA

$1,000,000 2 Units
2,708 SqFt 4 BR
2.80% Cap Rate
-6.90% Cash-on-Cash Return

93 Lexington Ave.
Somerville MA

$1,500,000 2 Units
3,023 SqFt 5 BR
2.00% Cap Rate
-10.10% Cash-on-Cash Return

523-525 Mystic Valley Parkway
Somerville MA

$1,199,900 2 Units
2,629 SqFt 6 BR
2.80% Cap Rate
-7.00% Cash-on-Cash Return

29 Alston St
Somerville MA

$1,150,000 2 Units
2,563 SqFt 9 BR
4.40% Cap Rate
-0.50% Cash-on-Cash Return

96 Wheatland Street
Somerville MA

$2,549,900 3 Units
4,089 SqFt 9 BR
2.20% Cap Rate
-9.30% Cash-on-Cash Return

15 Governor Winthrop Road
Somerville MA

$1,099,900 2 Units
2,709 SqFt 7 BR
3.80% Cap Rate
-3.10% Cash-on-Cash Return

74 Florence St
Somerville MA

$1,299,900 2 Units
2,774 SqFt 5 BR
2.30% Cap Rate
-9.20% Cash-on-Cash Return
See More Listings
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

8 Lincoln Street (2 units) $875,000
14 Dana St (2 units) $960,000
20 Banks St (2 units) $1,160,000
6-8 Mortimer Pl (3 units) $1,100,000
40 College Hill Road (2 units) $1,050,000
1 Watson St (2 units) $1,157,400
438 Medford Street (2 units) $930,000
96 Heath St (3 units) $1,270,000
30 Pembroke Street (2 units) $1,555,000
11 Grand View Ave (3 units) $1,150,000
231-233 Summer St (2 units) $1,100,000
35-37 Calvin St (3 units) $1,400,000
110 Perkins St (14 units) $2,980,000
79 Rogers Ave (2 units) $1,280,000
42 Elm Street (2 units) $1,148,000
901 Broadway (2 units) $1,265,000
222-224 School St (2 units) $1,005,000
11 Foskett St (3 units) $1,200,000
58 Gordon St (2 units) $885,000
21 Jaques Street (3 units) $1,350,000
55 Central St (3 units) $1,100,000
64-66 Bonair Street (2 units) $920,000
13 Greene St (2 units) $915,000
46 Main St (3 units) $1,073,500
21-23 Francesca Avenue (2 units) $1,425,000
17 Harvard St (3 units) $1,625,000
297 Beacon St (2 units) $1,019,000
43 Jaques St (3 units) $1,325,000
108 Highland Ave (4 units) $1,585,000
27 Garrison Ave (2 units) $1,125,000
75 Marshall St (2 units) $975,000
79 Bonair St (2 units) $830,000
48-50 Whitfield Rd (2 units) $1,110,000
36 Radcliffe Rd (3 units) $1,239,000
22 Leonard St (2 units) $1,400,000
14 Vermont Ave (3 units) $1,050,000
1049-1051 Broadway (2 units) $1,390,000
29-31 Barton St (2 units) $1,310,000

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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