8 Craigie Street Somerville MA 02134 MLS #73440882

8 Craigie Street
Somerville, MA, 02134
$9,500,000
4 Beds
2 Baths
25,164 SqFt
0.23 Acres
Add
MLS #73440882 image #0MLS #73440882 image #1MLS #73440882 image #2MLS #73440882 image #3MLS #73440882 image #4MLS #73440882 image #5MLS #73440882 image #6MLS #73440882 image #7MLS #73440882 image #8MLS #73440882 image #9MLS #73440882 image #10MLS #73440882 image #11MLS #73440882 image #12
This 21-unit, 42 bedroom building boasts a CAP rate of just over 5%, 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/Somerville Line. 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 for the savvy investor.

Property Details

Price:
$9,500,000
MLS #:
73440882
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Oct 8, 2025
Finished Sq Ft:
25,164
Total Sq Ft:
25,164
Lot Size:
10,124 sqft / 0.23 acres (approx)
Year Built:
1920
Units:
21
Tennis

Ask a Question

See this Listing

Send
  

Schools

Interior

Bathrooms
2 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, Private School, Public School, T-Station, University

Financial

Net Operating Income
$239,976
Tax Year
2024
Taxes
$58,939

Map

Community

Subdivisions in Somerville

Market Summary

Current real estate data for Multi Family in Somerville as of Oct 09, 2025
75
Multi Family Listed
119
Avg DOM
481
Avg $ / SqFt
$1,597,588
Avg List Price

Property Summary

    8 Craigie Street Somerville MA is a Multi Family for sale in Somerville, MA, 02134. It is listed for $9,500,000 To schedule a showing of MLS#73440882 at 8 Craigie Street in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

Similar Listings Nearby

broker reciprocity
MLS# 73430374broker reciprocity
148 Huron Ave
Cambridge, MA

$10,500,000

0.9 miles away

broker reciprocity
MLS# 73221025broker reciprocity
164 Marlborough St
Boston, MA

$9,950,000

2.9 miles away

broker reciprocity
MLS# 73385644broker reciprocity
145-169 N Washington St
Boston, MA

$9,500,000

3.1 miles away

broker reciprocity
MLS# 73427648broker reciprocity
245 Newbury Street
Boston, MA

$9,265,600

2.9 miles away

broker reciprocity
MLS# 73430010broker reciprocity
36 Colborne Rd
Boston, MA

$8,750,000

3.4 miles away

broker reciprocity
MLS# 73427650broker reciprocity
398-400 Columbus Ave
Boston, MA

$8,500,400

3.4 miles away

broker reciprocity
MLS# 73427652broker reciprocity
40 Temple Street
Boston, MA

$8,404,800

3.1 miles away

broker reciprocity
MLS# 73439342broker reciprocity
176 Commonwealth
Boston, MA

$8,300,000

2.9 miles away

broker reciprocity
MLS# 73369878broker reciprocity
194 Beacon St
Boston, MA

$7,995,000

2.8 miles away

8 Craigie Street
Somerville, MA

Compare listings

Compare