The median home value in Somerville, MA is $1,150,000.
This is
higher than
the county median home value of $638,000.
The national median home value is $308,980.
The average price of homes sold in Somerville, MA is $1,150,000.
Approximately 33% of Somerville homes are owned,
compared to 62% rented, while
5% are vacant.
Somerville real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Somerville real estate agent to arrange a tour today!
Learn more about Somerville.
Attention Investors and Developers. Welcome to 152 Cross St, Somerville - a meticulously maintained 6-unit building nestled in the heart of one of Somerville's most desirable neighborhoods. Conveniently located just steps away from shops, restaurants, parks, and public transportation, 152 Cross St offers the perfect blend of suburban tranquility and urban convenience. Don't miss your chance to purchase this property which offers great CASH FLOW! The property has many updates including all newer water heaters, 4 newer heating systems, and a BRAND NEW ROOF. All units are tenants at will. Open House Saturday 4/13 and Sunday 4/14 from 1130-1pm.
Prime Development Opportunity! Lot for Sale: Just Under 5,000 Sq Ft. Attention Developers! This exceptional lot offers a rare chance to create a dynamic mixed-use development in a highly sought-after location. Zoned for commercial use and already approved for 3 residential units and 1 commercial unit, this property presents a myriad of possibilities. Zoned for commercial use with residential unit approval. Direct elevator access for convenience and accessibility. Spacious 2194-2565 Sq Ft units designed for modern living. Ideal location within walking distance to Union Square. Abundance of nearby amenities including restaurants, bars, and shopping. Across from Greentown Labs, Extra Space Storage, and Market Basket. Easy access to Conway Field and hockey rink for recreational activities. Harvard, MIT and Tufts University all nearby. Don't miss out on this incredible opportunity to create a vibrant and profitable development in one of the most desirable areas.
A 4-unit new construction building with approximately a 7% cap rate on the invested money presents an excellent opportunity for investors or owner-occupiers seeking profit and long-term growth. It benefits from having condo documents in hand, leading to savings on property tax. Additionally, it can be sold as individual condominiums. Each unit features two levels, three bedrooms, and three baths. The house unit has a rooftop. It is conveniently located approximately 1.8 miles from Harvard Square Cambridge. The MBTA train station is just 0.3 miles away. it will be delivered with occupancy certificate.
Rare potential development opportunity ideally located in bustling Davis Square Somerville. This 3,601 sq/ft piece of land is zoned MR4 and is currently improved by a two-story structure totaling 1,491 sq/ft plus an additional 852 sq/ft in the unfinished basement. The property is currently used as the offices and parking for a publishing company. The property is located just a .3 mile walk to the Davis Square T Station (Red Line) and a .4 mile walk to the Porter Square T Station (Red Line and Commuter Rail). A 21E was conducted by the current owner in 1997. See all documents attached to MLS for further information. Seller and seller's agent make no representations as to the potential development of the site. Buyer and/or buyer's agent to conduct their own due diligence.
Great business owner occupant or redevelopment opportunity! 25 Washington Street in Somerville, just 1/2 mile in either direction to East Somerville Green line T stop and Sullivan Sq. Orange line T stop!!! Excellent proximity to Union Square and surrounding amenities. This 4,000+ SF commercial building makes up the corner of Pinckney St and Washington with an existing curb cut on Pinckney for its overhead garage door. Second floor has 4 private offices and an open concept office/reception and 3 half bathrooms. New roof in 2015, all new LED motion sensor shop lights install 4 years ago, and rooftop HVAC compressor 2-3 years old. Tenant would entertain a lease back which provides a good stream of income while buyer files for redevelopment. Zoned MR3 (mid rise 3) Additional zoning and architectural info available.
ATTENTION BUILDERS & DEVELOPERS... this project is ready to go! Somerville ZBA APPROVED plans for 10 residential units (8 Market Rate), offering thoughtfully designed studio, 1, 2 & 3 bedroom open concept unit layouts. Building to include tenant desired interior and exterior common space including amenities such as storage units, bike storage and roof deck. Whether condominium's or an income investment, there's not a better location! Highly accesible to all transportation, less than .4 miles to the green line extension, minutes to Sullivan Sq, Union Sq, & Rt 93. Only 2 miles to Boston's North End and just 1 mile to Assembly Row, endless dining and city life is just around the corner!
21-23 Washington Street in Somerville is a mixed use multifamily property just 1/2 mile in either direction to East Somerville Green line T stop and Sullivan Sq. Orange line T stop!!! Excellent proximity to Union Square and surrounding amenities. First floor commercial business (Royal Pizza) is leased (approx. 6-7 years remaining) and second floor apartment is a TAW at $0.00/m. Zoned MR3 (mid rise 3) Additional zoning and architectural info available for the larger 3-parcel development opportunity along with zoning analysis for a 'by-right' proposal. Ask agent for info!
This building consists of TWO condo units. The lower level and first floor are commercial, and the second and third floors are residential.
Somerville opportunity for residential/commercial development or investment. Zoned as MR4 and is not considered historical. The property is currently being used as 4 storefronts. 14 parking spots are located on the backside of the building with direct access to Highland Ave. The property is in close proximity to the new Green Line T stops and Somerville High School.
Cambridge/Somerville line-Astounding former restaurant- retail space at signalized intersection with 72 feet of frontage on Beacon Street and 70 feet of frontage on 16-car surface level parking lot. Previously occupied by Bergamot. Perfect for a restaurant/cafe/bank/mortgage co./fitness/yoga, etc. Retail customers have exclusive use of the private parking lot for this four-story 46,000 sf building, which has 2 levels of underground parking, 80 cars, for office employees. Rent is NNN. Office tenants include PillPack, recently purchased by Amazon for nearly $1 billion. Retail co-tenants include Medical offices and The Kebab Factory- an award winning restaurant. Surrounding retail tenants include “Dali”,“The Kirkland Tap and Trotter”, “The Biscuit”, “Dali”, and “The Wine and Cheese Cask”. Cambridge Hospital main campus is adjacent tenant on side street. SEE WEBSITE FOR 3D TOUR+ more
RENOVATED, EASY TO SHOW AND GET READY TO START YOUR BUSINESS! Attention Professionals: Looking for professional office space at a premium location for your business? Check out this awesome and well located 2nd-floor office space with approximately 900 s/f walking distance from Sullivan T-Stop right on the vibrant broadway st in Somerville. Recently renovated with a large reception area, a private conference room, 2 private office spaces, 2 storage spaces, a private bathroom, and a newer kitchenette, NEW HARDWOODFLOORS. Freshly painted, plenty of windows and natural light. Available NOW. EASY TO SHOW. Utilities are not included (heat, electricity and internet/cable is tenant's responsibility). REQUIREMENTS: Must submit a rental application, references. Landlord is asking for 1st, last, deposit and broker fee || Tenant to pay broker fee equal to 1-month rental. MINIMUM 06 MONTHS LEASE! Street parking only!| Landlord is giving 2 months rent FREE for a minimum of 1 year lease!
