$9,500,000
8 Craigie St.
Somerville, MA, 02143
This 21-unit, 42 bedroom building boasts a strong CAP rate, offering a promising investment for buyers on a .23 Acre Lot. Come explore the exceptional opportunity at 8-14 Craigie Street in the lively community of Somerville abutting Porter Square & Cambridge. Conveniently located near prestigious institutions such as Harvard, Lesley, & MIT, this property is fully occupied. Your next investment property is in close proximity to world-class universities, providing easy access to lectures & campus life. The Red Line and bus routes are just a short distance away, ensuring quick commutes to Boston or Kendall Square. This prime location combines urban convenience with academic vibrancy. With a strong rental history and a very low vacancy rate, there’s high demand from scholars & professionals, guaranteeing top rental value in Somerville’s competitive market. Craigie St presents an unparalleled opportunity in an outstanding location.
Property Details
Price:
$9,500,000
MLS #:
73482885
Status:
Active
Beds:
42
Baths:
21
Address:
8 Craigie St.
Type:
Multi Family
City:
Somerville
Listed Date:
Mar 4, 2026
State:
MA
Finished Sq Ft:
25,164
Total Sq Ft:
25,164
ZIP:
02143
Lot Size:
10,124 sqft / 0.23 acres (approx)
Year Built:
1920
Units:
21
Schools
Interior
Bathrooms
21 Full Bathrooms
Flooring
Wood, Tile
Heating
Forced Air
Exterior
Community Features
Public Transportation, Shopping, Public School, T- Station, University
Construction Materials
Frame
Roof
Rubber
Financial
Tax Year
2024
Taxes
$58,939
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Compass. The property listing data and information 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 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 set forth herein.
8 Craigie St.
Somerville, MA
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