84-86R Cross St Somerville MA 02145 MLS #73380216

84-86R Cross St
Somerville, MA, 02145
$2,149,000
8 Beds
6 Baths
4,661 SqFt
0.07 Acres
$2,149,000
84-86R Cross St
Somerville, MA, 02145
Back on market due to buyer financing falling through. Outstanding 6-unit investment opportunity in sought-after East Somerville, offered as a rare two-building package, delivering immediate cash flow with long-term upside. An exceptional and rarely found feature in Somerville is that all six units have dedicated outdoor space, with three lower units enjoying private patios and all three upper units featuring their own decks, a significant value add for tenants. This property has been updated and well-maintained. Additional highlights include 3 car parking, updated interiors, a centralized laundry room, and a sought-after large outside space between the 2 buildings. The property offers multiple future strategies, including strong buy-and-hold income, potential condo conversion, or longer-term redevelopment, all in a prime location close to the Green Line Extension, Assembly Row, major routes, shops, and restaurants, supporting strong tenant demand and appreciation.

Property Details

Price:
$2,149,000
MLS #:
73380216
Status:
Active
Beds:
8
Baths:
6
Address:
84-86R Cross St
Type:
Multi Family
Subtype:
5-9 Family
City:
Somerville
Listed Date:
May 27, 2025
State:
MA
Finished Sq Ft:
4,661
Total Sq Ft:
4,661
ZIP:
02145
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1900
Units:
6

Schools

Interior

Bathrooms
6 Full Bathrooms
Flooring
Wood
Laundry Features
Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Medical Facility, Highway Access, T- Station
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
3

Financial

Net Operating Income
$153,000
Tax Year
2024
Taxes
$17,984
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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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84-86R Cross St
Somerville, MA