Luxury Real Estate Group Boston > Somerville > 8 Craigie Street

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

8 Craigie Street

Somerville, MA

Property Description

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.

offered at

$9,500,000

  • Listing ID: 73440882
  • Bedrooms: 4
  • Full Baths: 2
  • Living Area: 25,164 sqft Convert
  • Lot Size: 10,124 sqft Convert
  • Acres: 0.23

Additional Details

Type: Multi-Family, 5+ Family - 5+ Units Up/Down

Zip Code: 02143

Levels: 3

Rooms and Dimensions

Total Units: 21

Total Floors: 3

Total Rooms: 93

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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