£7,087,808
42 bed block of flats for sale
Property photos
£7,087,808
US$9,500,000 (US$378/sq. ft)
42 bed block of flats for sale
8 Craigie St, Somerville, Us42 beds
21 baths
93 receptions
25,164 sq. ft
Local area information
Property location
Nearby amenities
Features and description
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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Listed by
Properstar
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