Property Description
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.
Features
- Heating System:
- Baseboard
- Cooling System:
- Window Unit(s)
- Basement:
- Full
- Appliances:
- Disposal, Dishwasher, Refrigerator, Freezer
- Flooring:
- Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Buyer/Buyer Agent to do their own due diligence including but not limited to zoning, permitted use, utilities etc. No letters or escalation clauses. Signed Agency
- Garage Parking
- Interior Features:
- Other, Kitchen, Living Room
- Lead Paint:
- Unknown
- Rent Fee Includes:
- Unit 1(water), Unit 2(water)
Additional Information
- Area:
- Spring Hill
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $474
- Zoning:
- RB
- No Units:
- 21
- Orig Price:
- $8,950,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
Address Map
- City:
- Somerville
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02143
- Longitude:
- W72° 53' 14''
- Latitude:
- N42° 23' 8.3''
Residential Income
8 Craigie St, Somerville, Massachusetts
42 Bedrooms
21 Total Bathrooms
18,873 Sqft
$8,950,000
Listing ID #73504124
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $8,950,000
- Bedrooms :
- 42
- Rooms :
- 99
- Total Bathrooms :
- 21
- Full Bathrooms :
- 21
- Square Footage :
- 18,873 Sqft
- Year Built :
- 1920
- Lot Area :
- 0.23 Acre
- Listing ID :
- 73504124
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent
