Tim McDonald
Responds Quickly
(508) 796-8265
52 Total Sales
1 in Spring Hill
$720,000 Price
8 Craigie St Somerville, MA 02143
Spring Hill Neighborhood
42
Beds
21
Baths
18,873
Sq Ft
10,124
Sq Ft Lot
Highlights
- 0.23 Acre Lot
- Window Unit Cooling System
- Baseboard Heating
- Wood Flooring
- Living Room
About This Home
As of August 2026CSQ 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.
Last Agent to Sell the Property
CSQ Realty, LLC License #449592730 Listed on: 04/20/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $61,124
Year Built
- Built in 1920
Lot Details
- 10,124 Sq Ft Lot
- Sloped Lot
Home Design
- Marble or Granite Building Materials
Interior Spaces
- 18,873 Sq Ft Home
- 3-Story Property
- Living Room
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 42 Bedrooms
- 21 Full Bathrooms
Utilities
- Window Unit Cooling System
- Baseboard Heating
Listing and Financial Details
- Total Actual Rent $5,650
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:38 B:A L:70,752913
Community Details
Overview
- 21 Units
Building Details
- Operating Expense $151,563
- Net Operating Income $479,582
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 12, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500,000
Interest Rate
3.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Aug 28, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,950,000
Interest Rate
4.4%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Spring Hill, MA
-
Tim McDonald
-
Nathan Long
Nathan Long
Coldwell Banker Realty - Cambridge
(857) 829-6314
37 Total Sales
1 in Spring Hill
$1,825,000 Price
-
Michael Albano
Michael Albano
ERA Metropolitan Homes
(857) 365-2073
14 Total Sales
1 in Spring Hill
$1,300,000 Price
-
Tina DiMonda
Tina DiMonda
Gibson Sotheby's International Realty
(857) 763-4448
28 Total Sales
1 in Spring Hill
$615,000 Price
-
The Young Group
The Young Group
Leopold & McMasters Realty
(339) 333-8140
74 Total Sales
1 in Spring Hill
$1,328,500 Price
-
Brian McMahon
Brian McMahon
Rutledge Properties
(781) 381-4314
30 Total Sales
2 in Spring Hill
$930K - $1.8M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | $5,250,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $13,750,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $12,500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $24,000,000 | Unknown | |
| Closed | $3,950,000 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2026 08/05/26 | Sold | $8,750,000 | -2.2% | $464 / Sq Ft |
| 04/27/2026 04/27/26 | Pending | -- | -- | -- |
| 04/20/2026 04/20/26 | For Sale | $8,950,000 | 0.0% | $474 / Sq Ft |
| 03/28/2014 03/28/14 | Rented | $2,000 | 0.0% | -- |
| 03/28/2014 03/28/14 | For Rent | $2,000 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $61,124 | $5,602,600 | $1,428,000 | $4,174,600 |
| 2024 | $58,939 | $5,602,600 | $1,428,000 | $4,174,600 |
| 2023 | $57,931 | $5,602,600 | $1,428,000 | $4,174,600 |
| 2022 | $53,341 | $5,239,800 | $1,428,000 | $3,811,800 |
| 2021 | $45,068 | $4,422,800 | $1,428,000 | $2,994,800 |
| 2020 | $42,537 | $4,215,800 | $1,402,400 | $2,813,400 |
| 2019 | $39,503 | $3,671,300 | $1,402,400 | $2,268,900 |
| 2018 | $37,826 | $3,344,500 | $1,402,400 | $1,942,100 |
| 2017 | $36,623 | $3,138,200 | $1,323,000 | $1,815,200 |
| 2016 | $34,892 | $2,784,700 | $1,260,000 | $1,524,700 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Barrett
P
Seller's Agent in 2026
Patrick Barrett
CSQ Realty, LLC
1 in this area
1 Total Sale
-
L
Seller's Agent in 2014
Larry Macri
Alcove Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73504124
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.
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