Somerville, MA Real Estate News

By inboundREM Market Updates
(InboundREM)
Ball Square, Somerville, MA Community and Real Estate InformationBall Square is a largely residential area in Somerville, Massachusetts. To the southeast of Tufts University and to the southwest of Boston Avenue is the neighborhood. Ball Square, like other neighborhoods in the city, is a wonderful bedroom community with lovely housing options for families wanting to reside on Boston's western fringes. The area was named for John Nichols Ball, a prominent local merchant, and politician. The area was formerly a well-known commercial sector, with several of the businesses that opened in those early years still operating today. Lyndell's Bakery, Ball Square Cafe, Kelly's Diner, and many more local businesses are well-known. Today, the area retains its distinct blue-collar vibe, attracting p...
Comments 1
By inboundREM Market Updates
(InboundREM)
Winter Hill, Somerville, MA Community and Real Estate InformationWinter Hill is a hilltop hamlet with Medford Street on the south, McGrath Highway on the east, and Magoun Square on the west. The region has a rich and distinguished history going back to the early 1800s. Among the many sites on the National Register of Historic Places in the region are the Adams-Magoun House, the Charles Adams-Woodbury Locke House, the Broadway Winter Hill Congregational Church, and the Elisha Hopkins House. A large section of the area has been converted into commercial properties. Restaurants, diners, cafés, shops, and a variety of other businesses are all open in the neighborhood. Winter Hill, like many other Somerville areas, has seen substantial gentrification. The vast majority of the area's accessib...
Comments 1
By inboundREM Market Updates
(InboundREM)
West Somerville, MA Community and Real Estate InformationThe westernmost neighborhood in Sommerville, MA is known as West Somerville. The Alewife Greenway Bike Path runs through the area, which is bordered by Arlington. Tufts University is to the east of the area, while Teele Square is to the south. The area is mostly residential, however there are a few small grocery stores to the south of the neighborhood that are ideal for your daily shopping needs. Parks abound in the neighborhood, with the parkway to the west providing as an ideal outdoor place for a variety of activities that the whole family may enjoy. Although most of the new construction in the neighborhood is townhouses, there are some condominium and low-rise apartment complexes in West Somerville's southern section. West Som...
Comments 1
By inboundREM Market Updates
(InboundREM)
Union Square, Somerville, MA Community and Real Estate InformationUnion Square is a mixed-use district in Somerville, Massachusetts. Union Square, at the junction of Washington Street, Webster Avenue, and Somerville Avenue, is the heart of the area. Union Square takes its name from a mustering place used by the Union Army during the American Civil War, which is commemorated with a plaque in the square's southwestern corner. Originally, the region, like the rest of Somerville, was primarily agricultural. However, as the city of Boston grew more established, the suburb, like many others, was built for residential and commercial usage by working-class families. The neighborhood now consists of a mix of well-developed residential sections and a significant commercial center with several sto...
Comments 1
By inboundREM Market Updates
(InboundREM)
Tufts, Somerville, MA Community and Real Estate InformationTufts is a suburban area in Somerville, Massachusetts, located just south of Tufts University. Warner Street, College Avenue, Holland Street, Curtis Street, and Boston Avenue are among the neighborhood's boundaries. Beautiful residential neighborhoods, several public parks, and the many academic buildings on the campus to the north make up the suburb. Beautiful mature trees border the streets, giving a lovely suburban environment with great curb appeal. Colonial Revival, Queen Anne, and New England designs are among the classic architectural styles seen in Boston. These features all contribute to the creation of a distinct domestic atmosphere that purchasers will undoubtedly love. Tufts is a lovely campus community with excellen...
Comments 0
By inboundREM Market Updates
(InboundREM)
Spring Hill, Somerville, MA Community and Real Estate InformationSpring Hill is a suburban area in Somerville, Massachusetts that is centrally placed. Porter Square and Davis Square to the west, Prospect Hill to the east, and Powder House Square and Winter Hill to the north define the area, which runs north along Sommerville Avenue. Despite the fact that the community is primarily residential, there are several business enterprises along the town's major thoroughfares. Residents enjoy easy access to all they need, including a wide range of schools, public parks, shops, restaurants, recreational opportunities, and much more. As one of the city's original residential subdivisions, the suburb was established in 1843. Many original Colonial-style mansions still exist today, accounting for a...
Comments 0
By inboundREM Market Updates
(InboundREM)
Prospect Hill, Somerville, MA Community and Real Estate InformationProspect Hill is a mixed-use neighborhood in Somerville, Massachusetts that is predominantly residential. Highland Avenue to the north, McGrath Highway to the east, and Somerville Avenue to the south are just a few of the important thoroughfares that run through the area. The Prospect Hill Monument, also known as Prospect Hill Tower, is a historic stone tower monument erected on the site of a Revolutionary War and Civil War battleground. The Grand Union Banner, which is said to be the flag that George Washington hoisted on the location, is now flying from the building, which was constructed in 1904. Prospect Hill is located on the summit of a hill, as the name suggests. There are a number of locations around the area tha...
Comments 0
By inboundREM Market Updates
(InboundREM)
Magoun Square, Somerville, MA Community and Real Estate InformationMagoun Square is a triangle-shaped neighborhood located on the junction of Broadway and Medford Street. Broadway to the north, railroad tracks to the southwest, and Glenwood Road to the southeast define the suburb's boundaries. Over the course of its land area, the suburb is home to around 3,700 inhabitants and nearly 1,500 houses. The location has seen substantial development as a crossroads town, with overpasses and safety traffic features installed to the different routes to prevent accidents. The area was named after John Calvin Magoun, the town assessor of Somerville, in the past. The region used to be largely farmland, with John owning the Adams-Magoun House, which was located between Broadway and Vernon Street. Ma...
Comments 0
By inboundREM Market Updates
(InboundREM)
East Somerville, MA Community and Real Estate InformationEast Somerville is a semi-circular neighborhood in the city of Somerville, Massachusetts. The Northern Expressway, Massachusetts Route 28, the McGrath Highway, and Washington Street all run through the area. East Somerville, like many other towns in the region, began as a working-class neighborhood providing inexpensive homes for Boston-area families. Many old residences constructed in the 1880s and 1890s still remain today, preserving this aspect of the neighborhood. East Somerville now has a population of about 8,000 people, with over 2,900 houses scattered over the neighborhood's various properties. The suburb is one of the most densely inhabited in the region, providing plenty of options for investors seeking to buy a rental p...
Comments 0
By inboundREM Market Updates
(InboundREM)
Davis Square, Somerville, MA Community and Real Estate InformationDavis Square is a well-known business sector and significant junction in Somerville, Massachusetts' northwestern neighborhood. Holland Street, Dover Street, Day Street, Elm Street, Highland Avenue, and College Avenue are among the streets that cross at the junction. Several of the neighboring areas around the crossing are referred to as Davis Square, but they are not truly part of it. The square has a lively commercial center, with stores, restaurants, and a variety of other local companies along most roadways. Davis Square residents may take advantage of the various businesses and attractions in the area. The area is also a key station along the Somerville Community Trail, a pedestrian-friendly path meant to offer a beau...
Comments 0
By inboundREM Market Updates
(InboundREM)
Assembly Square, Somerville, MA Community and Real Estate InformationAssembly Square, in the northeastern part of Somerville, is a well-developed waterfront business sector. The region of the Mystic River is bordered on the north by the Fellsway Bridge, on the west by Mystic Avenue, on the south by Mystic Avenue, and on the east by the MBTA line. The area is well-developed, and it serves as one of the region's key corporate and commercial hubs. Two bridges run along the suburb's borders, linking it to the town of Wellington to the north and Boston Harbor to the east. On the eastern side of the village is the Assembly Station, which provides residents with a handy mode of transit. Assembly Square is a bustling business district with a variety of shopping malls, department stores, and oth...
Comments 0
By Zachary Parker, Real Estate Marketing Pro | SEO Gun for Hire
(ProSource Media)
Somerville’s apartment rental market has faired well over the past year all things considered.  In a year where vacancy rates skyrocketed in most of Boston’s college towns, Somerville apartments managed to stay below the trend line in terms of rental supply.  The vacancy rate in the City of Boston ballooned to 9.1% in September of 2020, while Metro Boston marked a vacancy rate of 7.73% during the same time.  The vacancy rate in Somerville never rose above 6%. So why was Somerville's housing market spared?  They are certainly akin to high seasonal apartment turnover in September given its proximity to Tufts University and Cambridge.  Conventional wisdom would assume that Somerville should have felt the same apartment supply glut that other college towns were experiencing.  The fact that ...
Comments 0
By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
A Visit to Harvard Yard in Cambridge MA  Back in 1999 we moved from a sprawling house in the Boston 'burbs to a 3-story Victorian remodeled home (formerly a 2-family converted to a single family) on Line Street in "the city" in Somerville - literally homes on the other side were in venerable and more revered, Cambridge.  For a couple of years while working in downtown Boston I used to walk to the T (the subway for non-Bostonians) in Harvard Square, less than a mile away, walking through iconic Harvard Yard twice per day, and past Julia Child's former house among other beautiful Cambridge homes. But "the Yard" was something special. Flashback to 2014 and our trip to Boston to visit a number of close friends following our move in 2005. We were meeting a good friend in Harvard Square for l...
Comments 20
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $944,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $944,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $944,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $944,999!
Comments 1
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $944,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $944,999!
Comments 0
By Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT)
(RE/MAX Professional Associates)
Attention Investors! Grab this quick! Fully-rented three-family in the hot market of East Somerville! Just steps to Sullivan Square T, Assembly Square Shops, Restaurants & Route 93 you will always have tenants! First floor has individual entrance with central air and basement access. All units have separately metered gas heat. Maintenance free vinyl siding and newer roof. Great private fenced back yard. Each level has 2 bedrooms and 1 bathroom with great details such as hardwood floors and built-ins. Realize over a 5% cap rate with market rate rents! Listed at just $944,999!
Comments 0