8 Craigie St

25,164 Sq. Ft.
$378 / Sq. Ft.
25,164
Sq. Ft.
$378
per Sq. Ft.

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....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.

Listing Agents

  1. Donahue + Greene

    Donahue + Greene

    Listing Agent

    Compass

    donahuegreene@compass.com

    P: (617)-633-3440

  2. Lance Greene

    Lance Greene

    Alternative Listing Agent

    Compass

    lance.greene@compass.com

    P: (617)-599-6274

Property Details for 8 Craigie Street

Town
Somerville
Area
MA-Somerville
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 03/08/2026 03:10 AM

Property Details for 8 Craigie Street

StatusActive
MLS #73482885
Days on Market8
Taxes$58,939 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1920
CountyMiddlesex County
Add your commute

Building Information for 8 Craigie Street

Stories3Residences21Year Built1920Building Size-Lot Size0.23 AC / 10,124 SF

Payment Calculator

$51,213 per month

30 year fixed, 6.15% Interest

Principal and Interest

$46,301

Property Taxes

$4,912

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 8 Craigie Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Public School, T-Station, University
  • Living Area: 25164.0
  • SqFt with Basement: No
  • Total Units: 21
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 21.0
  • Num of Full Baths: 21
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 21.00
  • Bathrooms Total Integer: 21
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Lot Description: Corner Lot
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Seller is a licensed real estate broker. Most units are used as one bedroom and second bedroom as den area due to smaller sized 2nd bedroom but rental income speaks for itself.
Tax Information
  • Tax ID: 752913
  • Assessments: $5,602,600
  • Book: 62540
  • Tax Year: 2024
  • Zoning: RB
Building / Association Information
Living Characteristics
  • Beds Total: 42
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Block
  • Levels: 3
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $.00
  • NOI: $.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $19,998.00

Property History for 8 Craigie Street

DateEvent & SourcePriceAppreciation
Mar 4, 2026

Listed (Active)

MLS PIN #73482885

$9,500,000
Dec 31, 2025

Canceled

MLS PIN #73440882

$9,500,000
Dec 31, 2025

Temporarily Withdrawn

MLS PIN #73440882

$9,500,000
Oct 8, 2025

Listed (Active)

MLS PIN #73440882

$9,500,000
May 8, 2025

Canceled

MLS PIN #73328253

$9,500,000
Apr 13, 2025

Temporarily Withdrawn

MLS PIN #73328253

$10,000,000
Apr 13, 2025

Temporarily Withdrawn

MLS PIN #73328253

$9,500,000
Jan 22, 2025

Listed (Active)

MLS PIN #73328253

$10,000,000
Aug 28, 2013

Sold (Public Record)

Public Record #367372675

$5,250,000
DateEvent & SourcePrice
03/04/2026

Listed (Active)

MLS PIN #73482885

$9,500,000
12/31/2025

Canceled

MLS PIN #73440882

$9,500,000
12/31/2025

Temporarily Withdrawn

MLS PIN #73440882

$9,500,000
10/08/2025

Listed (Active)

MLS PIN #73440882

$9,500,000
05/08/2025

Canceled

MLS PIN #73328253

$9,500,000
04/13/2025

Temporarily Withdrawn

MLS PIN #73328253

$10,000,000
04/13/2025

Temporarily Withdrawn

MLS PIN #73328253

$9,500,000
01/22/2025

Listed (Active)

MLS PIN #73328253

$10,000,000
08/28/2013

Sold (Public Record)

Public Record #367372675

$5,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8 Craigie Street

Taxable ValueLand$1,428,000Additions$4,174,600Total$5,602,600
Tax Record2025$61,124 ($5,094 / month)
Home Facts
Total Finished SqFt18,873 SqFtAbove Grade Finished SqFt18,873 SqFtStories3Lot Size10,124 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningRBCountyMIDDLESEXAPNSOME M:38 B:A L:70

Schools near 8 Craigie Street

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 5
Public - PK to 8
Rating
School
Distance
John F. Kennedy Elementary School
PublicPK to 8

Somerville High School
Public9 to 12

Benjamin G. Brown School
PublicK to 5

Winter Hill Community School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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8 Craigie Street is a multi-family home for sale in Somerville, MA 02143. This property was listed for sale on March 4, 2026 by Compass, it's currently listed at $9,500,000. It has been on the market for a total of 8 days and was last sold on August 28, 2013. This listing's school district is Somerville School District. Nearby schools include John F. Kennedy Elementary School, Somerville High School and Benjamin G. Brown School. 8 Craigie Street is a 42-bed, 21-bath, 25,164 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.