8 Craigie St., Somerville, MA 02143

Somerville
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
8 Craigie St.,Somerville, MA 02143
$9,500,000
  • 42 Beds
  • 21 Baths
  • 25,164 sq. ft.
  • Multi-family
  • Active
Listed by: donahue + greene group, lance greene
Office: compass
MLS#:73482885
Source:MLSPIN

Price summary

  • Price:$9,500,000
  • Price per sq. ft.:$377.52

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:73482885
  • Updated:March 10, 2026 at 10:41 AM

Rooms and interior

  • Bedrooms:42
  • Total bathrooms:21
  • Full bathrooms:21
  • Rooms Total:93
  • Flooring:Tile, Wood
  • Basement Description:Full
  • Living area:25,164 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Rubber
  • Year built:1920
  • Building area:25,164 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Frame
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$9,500,000
  • Price per sq. ft.:$377.52
  • Tax amount:$58,939 (2024)
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