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8 Craigie St, Somerville MA 02143

Somerville, MA 02143 • Spring Hill
$8,950,000
Est. $50,550/month
42
Beds
21
Baths
18,873
Sq Ft
$474
Price/Sq Ft
0.23
Acres
1920
Year Built
20
Days on Market
Pending Listed Apr 20, 2026 • MLS# 73504124 Copied!

About this home

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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Public Records

Current Owner

Owner 8-14 CRAIGIE ST LLC
Mailing Address PO BOX 390128, CAMBRIDGE, MA, 02139

Land Use

Use Code 1120
Description N/A
Zoning UR
Style Apartments

Tax Information

Assessed Value $5,602,600
Tax Rate $10.52 per $1,000
Base Tax $58,939
CPA Surcharge 1.5% ($868)
Estimated Annual Tax $59,808

Assessment History

Year Land Building Total Change
FY2025 $1,428,000 $4,174,600 $5,602,600

Sale History

Date Price Book/Page
Jul 12, 2019 $1 72918/0576

Building Permit History

Issued Type / Work Status Value
May 20, 2026 Dumpster (Located on Street) Permit
Dumpster Located on Street
Dumpster on Street for Miscellaneous items in basement that need to be removed for a sale
#53328748
Open $100
Jan 1, 2026 Electrical Permit
Residential
replace a bathroom fan
By Issam Daaboul
#52922304
Closed $45
Jan 16, 2024 Electrical Permit
Residential
Replace (10) heat detectors
By Tom Kmetz
#12209314
Open $95
Feb 15, 2018 Certificate of Inspection
Residential
Certificate of inspection - 21 Units
#3541439
Open $133
Feb 29, 2016 Electrical Permit
Residential
Bathroom rough; kitchen renovation; panel change
By Joshua Parent
#2693354
Closed $181
Jan 31, 2016 Gas Fitting
Residential - Existing
gas piping stove h/w tank boiler
#2630489
Open $70
Jan 31, 2016 Plumbing Permit
Residential - Existing
install bathroom lav w/c shower water piping waste gas pipe stove hot water tank boiler
#2630481
Open $90
Jan 21, 2016 Building Permit
Residential Repair
Renovate an existing kitchen and bathroom in a two bed apt #1
By philip mclaughlin
#2625718
Open $360
Data: City of Somerville Open Data (data.somervillema.gov)

Municipal Context: SOMERVILLE

Median Home Value $785,000
Avg SF Tax Bill $6,700
Residential Tax Rate $10.52/1000
CPA Surcharge 1.5%
County Middlesex

Property Data Comparison

Discrepancies found between MLS and assessor records.

Field Assessor MLS Match
Sqft 25,164 18,873
Year built 1,920 1,920
Match: address_exact (95.0% confidence) · Data as of Jun 1, 2026

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
42
Full Bathrooms
21
Living Area
18,873 sq ft
Total Rooms
99
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1920
Living Area 18,873 sq ft
Lot Size 0.23 acres
Bedrooms 42
Full Baths 21
Total Rooms 99

Interior

Heating Baseboard
Cooling Window Unit(s)
Flooring Hardwood
Appliances Dishwasher, Disposal, Refrigerator, Freezer
Fireplace None
Basement Full
Laundry None
Features Other, Living Room, Kitchen

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $61,124
Assessed Value $5,602,600

Interior Features

Flooring: Hardwood
Appliances: Dishwasher, Disposal, Refrigerator, Freezer
Interior Features: Other, Living Room, Kitchen
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Granite
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Sloped
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

Spring Hill

8 Craigie St, Somerville MA 02143

Somerville, MA 02143

Walkability

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Nearby Schools

School District
Somerville School District local
B-
School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
3.0% below state avg
E

Elementary Schools

9 schools
St. Theresa of the Child Jesus School
0.2 mi
Grades PK-08
A
John F Kennedy School
0.3 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
0.9 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
C+
Arthur D Healey School
1.2 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
C+
East Somerville Community School
1.3 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
C-
Winter Hill Community School
1.3 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
A+
Benjamin G Brown School
0.8 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.2 mi
Grades PK-K
Capuano Early Childhood Center
1.3 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

1 school
Next Wave Junior High School
0.9 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
0.9 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
0.9 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $5,094
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Apr 28, 2026
Active → Active Under Contract
Pending Sale
Apr 27, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Apr 20, 2026
$8,950,000
Original listing

Price & Status History

Date Event Price Change
Apr 28, 2026 Status: Active under contract $0
Apr 20, 2026 New Listing Added $8,950,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$474

Tax History

Year Taxes Assessment
2025 $61,124 $5,602,600

Financial Details

Annual Property Tax
$61,124
Tax Year 2025
Assessed Value
$5,602,600

Listing Information

Listing Agent Patrick Barrett
Listing Office CSQ Realty, LLC
Agent MLS ID CN228459
Office MLS ID AN4504
Listing Data Updated May 12, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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