There are currently 22 multi-families for sale in Somerville. Somerville is dense triple-decker stock that has become one of Greater Boston’s priciest markets, served by the newly extended Green Line plus the Red Line at Davis. For investors it’s an appreciation market with tight 3–4% caps. Each listing below shows our Signal Score and an estimated cap rate.
Justin Rollo sends qualified investors fresh multi-family listings (and off-market deals) the day they come up.
Listings here are curated by Justin Rollo of Signal Real Estate, an investor-friendly agent who works this market every day. Somerville is one of the Greater Boston markets Signal Real Estate watches most closely for multi-family opportunities — reach out if you want to move on something before it’s widely listed.
Somerville is dense triple-decker stock that has become one of Greater Boston’s priciest markets. For investors it’s an appreciation market with tight 3–4% caps.
Greater Boston multi-families generally run a 4–5.5% cap, with value-add pockets reaching 6%+. Each listing above shows an estimated cap rate based on area rents — directional, not an appraisal.
Often yes — FHA allows 3.5% down on owner-occupied 1–4 units (note the self-sufficiency test on 3–4 units), and conventional now allows 5% down on 2–4 units. Justin Rollo of Signal Real Estate can run your numbers.
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Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.