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$9,500,000
9 Days On Site

8 Craigie St.
Somerville, MA 02143

For Sale|Multi Family|Active
42
Beds
21
Total Baths
21
Full Baths
25,164
SqFt
$378
/SqFt
1920
Built
County:
Middlesex
8 Craigie St.8 Craigie St.8 Craigie St.8 Craigie St.
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Monthly Payment (Est.)

$43,343
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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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Listing Snapshot
Price 
$9,500,000
Days On Site 
9 Days
Bedrooms 
42
Inside Area (SqFt) 
25,164 sqft
Total Baths 
21
Full Baths 
21
Partial Baths 
N/A
Lot Size 
0.23 Acres
Year Built 
1920
MLS® Number 
73482885
Status 
Active
Property Tax 
$58,939
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.23
Disclosures 
Seller is a licensed real estate broker. Most units are used as one bedroom and second bedroom as den area due to smaller sized 2nd bedroom but rental income speaks for itself.
Foundation 
Block
Number Of Stories 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
25164
SqFt Total 
25164
Water Source 
Public
Zoning 
RB
Interior Features
Basement 
Full
Flooring 
WoodTile
Heating 
Forced Air
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Exterior Features
Construction Details 
Frame
Lot Features 
Corner Lot
Roof 
Rubber
Listing courtesy of Donahue + Greene Group of Compass



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, landlords, 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, leasing or renting 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, leasing or renting. 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.

Last checked 2026-03-14 02:25 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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