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8 Craigie Street, Somerville, MA 02143

Local realty services provided by:CENTURY 21 North East
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, lance greene
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:December 02, 2025 at 11:46 AM

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)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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