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CSQ Realty is pleased to present the Craigie Street Apartments, a fully-occupied 21-unit, 42-bedroom multifamily property situated on a 0.23-acre parcel in the heart of Somerville, Massachusetts.Located just steps from Porter Square, the property offers immediate access to the MBTA Red Line, Harvard University, Lesley University, MIT, and a vibrant retail corridor - positioning it as a premier asset for students, faculty, and young professionals.All 21 units are currently leased under lease agreements expiring in 2027, delivering day-one cash flow with significant mark-to-market upside.

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Basic Information

  • Contingency Inspection
  • Gross Income $631,145
  • Lot Features Sloped
  • Mls StatusUnder Agreement
  • Parcel Number M:38 B:A L:70,752913
  • Rent Includes Unit 1(Water), Unit 2(Water)

Tax Information

  • Tax Assessed Value $5,602,600
  • Tax Year 2025
  • Taxes$61,124

Parking

  • Parking Spaces

Rooms

  • Bathroom21
  • Bathrooms Total Decimal 21
  • Bedrooms42
  • Full Bath21

Basic Information

  • List Price$8,950,000
  • MLS Number73504124
  • Modification Date05/12/2026
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date04/27/2026

Location

  • Address8 Craigie Street
  • Building Number8
  • CountyMiddlesex
  • NeighborhoodSpring Hill
  • StateMA
  • StreetCraigie Street
  • SubdivisionSpring Hill
  • TownSomerville
  • Zip02143

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationGranite
  • Levels 3
  • Rooms99
  • Stories3
  • Units21
  • Year Built1920
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.23

Interior

  • Flooring Hardwood
  • Interior Features Other, Living Room, Kitchen

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Heat SystemYes
  • Heating Baseboard
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 18,873
  • Lot Size Square Feet 10,124
  • Lot Size Units Acres
  • Square Feet18,873

Amenities

  • Appliances IncludedDishwasher, Disposal, Refrigerator, Freezer
  • Other AmenitiesBasement

Legal

  • ZoningRB

Other

  • Date Listed04/20/2026
  • Farm Land Area Units Square Feet
  • View Count2

Map Location

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Listed by Patrick Barrett of CSQ Realty,LLC

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