8 Craigie Street, Somerville, MA 02143

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
8 Craigie Street,Somerville, MA 02143
$9,500,000
  • 4 Beds
  • 2 Baths
  • 25,164 sq. ft.
  • Multi-family
  • Active
Listed by:donahue + greene group
Office:compass
MLS#:73440882
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 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.

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Home facts

  • Year built:1920
  • Listing ID #:73440882
  • Updated:October 09, 2025 at 05:53 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:25,164 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:25,164 sq. ft.
  • Lot area:0.23 Acres

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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