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Two-Building Apartment Opportunity
For Sale
$2,100,000

43-45 Cross Street, Somerville, MA 02145

MULTI_FAMILY - Somerville, MA

Property SizeContact for details
Lot Size0.19 Acres
Days on Market47

Property Features for 43-45 Cross Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RB
Parking 22
Directions Off Broadway on Route 28.
Standard status Active
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025

Building Details

Year built 1900
Floors in Building 2
Number of units 5
Listing Agency: REMAX Andrew Realty Services · RE/MAX International
Listed By: John Veneziano
Added: Jun 26 Changed: Aug 11 Last Checked: Aug 11 at 11:06PM
MLS# 73542299

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment property comprises two buildings on two parcels at 43-45 Cross Street in Somerville. The site encompasses 0.1858 acres, includes 22 dedicated parking spaces, and was built in 1900. Redevelopment concepts may include residential, commercial, or mixed-use components, subject to applicable approvals and buyer due diligence.

The property is near MBTA Orange and Green Line service, with access to I-93, Assembly Row, Union Square, and Downtown Boston. Current Somerville zoning is RB. A project with the possibility of 22 units has been identified, and units may be considered with or without parking under current zoning, subject to approvals. The sale is an estate transaction requiring court approval.

Key Highlights

  • Two‑building, two‑parcel property at 43‑45 Cross Street, Somerville, MA 02145
  • 0.1858‑acre site with 22 dedicated parking spaces
  • Possibility for a 22‑unit building, subject to approvals and due diligence

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm (Bike/Boat/Book/etc) Store Acupuncture Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,293
Businesses Nearby

Demographics for 02145, MA

27,520
Population
12,669
Households
2.2
Avg Household Size
33
Median Age
55%
College-Educated
89%
High-School Grad
1.4 sq mi
ZIP Area
19,657
Density / Sq Mi
$119,167
Median Household Income
$63,629
Median Earnings
$2,377
Median Rent
$784,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Two parcels with dedicated parking and redevelopment potential under Somerville zoning.
Where is this apartment building located?
The property is located at 43-45 Cross Street Somerville, MA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two‑building, two‑parcel property at 43‑45 Cross Street, Somerville, MA 02145; 0.1858‑acre site with 22 dedicated parking spaces; Possibility for a 22‑unit building, subject to approvals and due diligence
More about this property
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