8 Craigie St, Somerville, MA 02143
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$8,950,000
21 Unit
42 Beds
21 Baths
18873 SQFT
0.23 Acre

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.

Property Details tap to expand

Building Information

  • Total Units: 21
  • Total Floors: 3
  • Total Bedrooms: 42
  • Total Full Baths: 21
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Other (See Remarks)
  • Common Appliances: Dishwasher, Disposal, Freezer, Refrigerator
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 631145
  • Gross Expenses: 151563
  • Net Operating Income: 479582

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes

Construction

  • Year Built: 1920
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Granite
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73504124
  • Last Updated: 04/20/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/20/2026New$8,950,000$474MLSPIN
04/14/2026Canceled$9,500,000$378MLSPIN
04/13/2026Temporarily Withdrawn$9,500,000$378MLSPIN
03/08/2026Active$9,500,000$378MLSPIN
03/04/2026New$9,500,000$378MLSPIN
03/04/2026Canceled$9,500,000$378MLSPIN
01/02/2026Temporarily Withdrawn$9,500,000$378MLSPIN
10/12/2025Active$9,500,000$378MLSPIN
10/08/2025New$9,500,000$378MLSPIN
05/08/2025Canceled$9,500,000$378MLSPIN
04/20/2025Active$9,500,000$378MLSPIN
04/16/2025Back on Market$9,500,000$378MLSPIN
04/13/2025Temporarily Withdrawn$10,000,000$397MLSPIN
01/26/2025Active$10,000,000$397MLSPIN
01/22/2025New$10,000,000$397MLSPIN

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Seller's Representative: Patrick Barrett, CSQ Realty, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-04-20 08:30:00