8 Craigie Street, Somerville, MA 02143 | Nathan Klairmont, Real Estate Agent

8 Craigie Street, Somerville, MA 02143

  • $9,500,000
  • $378
8 Craigie Street, Somerville, MA 02143
For Sale
8 Craigie Street, Somerville, MA 02143
  • $9,500,000
  • $378


Overview

Property ID: 73440882
  • Multi-family
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 0
  • Garage
  • 10124
  • Sq Ft
  • 1920
  • Year Built

Description

Multi Family property with 4 bedroom(s), 2 bathroom(s) in Somerville MA.

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.

  • Address 8 Craigie Street, Somerville, MA 02143
  • City Somerville
  • State/county MA
  • Zip/Postal Code 02143

Details

Updated on October 11, 2025 at 7:37 am
  • Property ID: 73440882
  • Price: $9,500,000
  • Property Size: 10124 Sq Ft
  • Bedrooms: 4
  • Bathrooms: 2
  • Garage: 0
  • Year Built: 1920
  • Property Type: Multi-family
  • Property Status: For Sale

Additional details

  • Fire places: 0
  • Total Rooms: 93
  • Sewer: Public Sewer
  • Water Source: Public
  • Office Name: Compass
  • Agent Name: Donahue + Greene Group

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