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