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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
6 hours 35 minutes
Time on Market
Active 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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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 information not available for this location.

Monthly Payment Calculator

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

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
$0/mo
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

Property Timeline

🏠
Listed for Sale
Apr 20, 2026
$8,950,000
Original listing

Price & Status History

Date Event Price Change
Apr 20, 2026 New Listing Added $8,950,000

Market Statistics

Time on Market
6 hours 35 minutes
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 Apr 20, 2026 8:30 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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