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Middlesex County Multifamily Buyer

Sell Your Commercial Property In Middlesex County, MA

Middlesex County is a dense county west and north of Boston covering Cambridge, Somerville, Newton, Lowell, Framingham, and Malden. Research universities, biotech, and tech employers drive demand for everything from urban triple-deckers to suburban garden complexes and mill conversions.

  • Clear feedback on your deal, typically within 48 hours
  • 5 to 100+ units, stabilized or distressed, listed or off-market
  • Owners, agents, and brokers welcome — every conversation is confidential

We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits

Cities We Cover: Lowell · Marlborough · Melrose · Watertown · Woburn · Cambridge

Local Market Data

Middlesex County Apartment Market

Figures gathered October 2026 from public market data.

If you plan to sell commercial property in Middlesex County, MA, start with the renter base: 245,322 households, 38.7% of all 634,215 occupied homes, per the Census Bureau's 2020-2024 American Community Survey. Cambridge and Somerville alone hold 23.0% of that renter pool, and Cambridge's own renter share reaches 66.5%.

Median gross rent reached $2,201, up 34.5% from the 2015-2019 survey's $1,636. Units in 5+ unit buildings grew 9.5% to 168,731, now 25.4% of the housing stock, while rental vacancy held at 3.4%. HUD's FY2027 two-bedroom Fair Market Rents range from $2,383 to $3,008 across the county's 54 towns. Rent, vacancy and taxes all shift from one Middlesex County city to the next, so compare before you set an asking price.

$2,201 Median gross rent Middlesex County, ACS 2020-2024
38.7% Renter households 245,322 of occupied homes, ACS 2020-2024
25.4% Units in 5+ unit buildings 168,731 units, ACS 2020-2024
3.4% Rental vacancy rate Middlesex County, ACS 2020-2024 (DP04)
+34.5% Rent growth Median gross rent, 2015-2019 to 2020-2024
$2,383–$3,008 HUD 2BR Fair Market Rent Range across Middlesex County's 54 towns, FY2027
47.1% Rent burden Renters paying 30%+ of income, ACS 2020-2024
1,638,365 Population Up 2.3% from 2015-2019
01

A 1.64 million-person county

Middlesex County grew 2.3% to 1,638,365 residents between the 2015-2019 and 2020-2024 Census surveys, adding 37,523 people.
02

17,826 more renter households

Renter households in Middlesex County rose 7.8%, from 227,496 to 245,322, in the latest five-year Census comparison.
03

Cambridge drives apartment density

Cambridge alone holds 54.5% of its units in 5+ unit buildings, the highest share among Middlesex County's covered cities.

Who rents in Middlesex County

Renters head 245,322 of the 634,215 occupied households in Middlesex County, a 38.7% share in the 2020-2024 ACS. Owners hold the larger slice, at 388,893 households. The county's median year built of 1962 points to an older rental stock that shapes renovation and turnover costs for buyers.

Cambridge and Somerville carry much of that renter base. Together the two cities hold 56,380 renter households, 23.0% of the Middlesex County total, per the ACS 2020-2024 city-level data. Cambridge's renter share alone reaches 66.5%, with 54.5% of its units in buildings of five or more. Suburbs such as Melrose and Newton lean toward owners, with renter shares near three in ten.

Rents, growth and affordability

Median gross rent in Middlesex County climbed 34.5%, from $1,636 to $2,201, between the 2015-2019 and 2020-2024 surveys. Population grew far more slowly over the same span, up 2.3% to 1,638,365 residents, an increase of 37,523 people. Renter households rose 7.8%, adding 17,826 households.

Supply kept pace in part. Units in 5+ unit buildings in Middlesex County grew 9.5%, an increase of 14,634 units, now 25.4% of the housing stock. Rental vacancy stands at 3.4%, a tight market that gives landlords pricing power.

Rent burden runs heavy. In the 2020-2024 ACS, 47.1% of Middlesex County renters paid 30% or more of income on gross rent. HUD's FY2027 two-bedroom Fair Market Rents across the county's 54 New England FMR towns range from $2,383 to $3,008, effective October 1, 2026, a band that runs $182 to $807 above the county's $2,201 median gross rent.

City-by-city comparison

Cambridge anchors the county's apartment stock, with 54.5% of its housing units in 5+ unit buildings and the highest renter share, 66.5%, among covered cities. Lowell and Somerville also post majority-renter populations. Newton and Watertown differ sharply on vacancy despite similar rent levels.

CityMedian gross rentRenter shareShare of units in 5+ buildingsRental vacancy
Cambridge$2,78766.5%54.5%4.5%
Lowell$1,62556.8%35.4%3.4%
Somerville$2,51765.8%29.9%1.6%
Malden$2,20458.7%34.6%4.8%
Waltham$2,26850.3%31.1%2.5%
Framingham$2,03345.2%31.7%3.4%
Medford$2,50945.9%25.0%3.2%
Everett$2,07662.8%21.7%3.2%
Newton$2,37030.0%17.0%4.5%
Watertown$2,50252.3%29.9%3.8%

Vacancy ranges from Somerville's 1.6% to Malden's 4.8%. Median rent spans from $1,625 in Lowell to $2,787 in Cambridge. Everett pairs a 62.8% renter share with 3.2% vacancy, among the tightest combinations in the table.

Property taxes and assessment in Middlesex County

Middlesex County itself does not set a property tax rate. Massachusetts assesses and bills property tax at the city and town level, so each of the county's 54 municipalities, from Cambridge to Woburn, sets its own residential and commercial rate.

Under M.G.L. c.59 Sec.38, local assessors value apartment buildings at fair cash value and classify them by property class. Annual levy growth is capped at 2.5% of total valuation under Prop 2 1/2 (c.59 Sec.21C), plus new growth from construction, unless voters approve an override.

Because each Middlesex County town runs its own levy and override history, pull the specific city or town's current rate and assessed value before you price a sale. A Cambridge multifamily building and a Woburn building can carry very different tax bills on similar rent rolls.

What this means if you sell in Middlesex County

When you sell commercial property in Middlesex County, MA, you sell into a deep and tightening renter market. Renters hold 38.7% of households, and rental vacancy sits at just 3.4% countywide. Expect buyers to underwrite that tightness alongside the 47.1% of renters already paying 30% or more of income on rent.

Rent control is not a factor. M.G.L. c.40P prohibits local rent control statewide, so Middlesex County owners and buyers price on lease terms and market rent, not a capped schedule. Security deposits do carry forward: under c.186 Sec.15B, a deposit transfers to the buyer at closing, and the buyer must notify the tenant within 45 days, so have deposit records ready for diligence.

As a multifamily buyer in Middlesex County, we review 5+ unit buildings from Cambridge to Lowell as they stand today. Send a current rent roll, a T-12 and your latest tax bill, and we will price the building on those numbers.

Local Knowledge

Selling Multifamily In Massachusetts

What we factor into every Middlesex County offer:

More about Massachusetts →
  • Security deposits transfer to the buyer at closing under c.186 Sec.15B; notify tenants within 45 days.
  • No rent control applies anywhere in Middlesex County; M.G.L. c.40P bars it statewide.
  • Each Middlesex County city or town sets its own tax rate; pull the current bill before pricing.
  • Rental vacancy runs just 3.4% countywide, but ranges from 1.6% in Somerville to 4.8% in Malden.

Property Tax

Property Tax In Middlesex County For Apartment Owners

Homeowners in Middlesex County pay a median of $7,501 a year in property tax on a median home value of $727,800, an effective rate of about 1.03%, according to the Census Bureau’s 2020-2024 American Community Survey. That is about the same as the Massachusetts statewide average of 1%.

How property tax works in Massachusetts: classes, assessment and appeals →
Estimate a building’s tax bill with the property tax calculator →
  • Those figures describe owner-occupied homes. An apartment building can be assessed on a different basis or in a different class, so its bill as a share of value may differ.
  • A sale can reset the assessed value. Before you price a Middlesex County building, check how Massachusetts reassesses property after a transfer and model the buyer’s new tax bill.
  • Pull the actual tax bill from the Middlesex County assessor or tax collector. City, school and special-district levies stack on top of the county rate.

Learn More

Taxes & Rules For Middlesex County Property

The Massachusetts rules that shape any deal in Middlesex County: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.

Our Buy Box

What We Buy In Middlesex County

Full Buy Box

Asset Type

Multifamily, 5+ Units

Apartment buildings and income-producing residential.

Size

5 – 100+ Units

Sweet spot: 15–25 units.

Condition

Stabilized To Distressed

Value-add, mismanaged, and high-vacancy properties welcome.

Deal Types

Listed Or Off-Market

Direct-to-owner, pocket listings, portfolios.

How Selling To Us Works

  1. 01

    Submit The Deal

    Send the address, unit count, asking price, and a rent roll or T-12 if you have them.

  2. 02

    Initial Review

    We review it against our buy box and give clear feedback — typically within 48 hours.

  3. 03

    Underwriting & LOI

    If it fits, we underwrite in detail and submit a written letter of intent.

  4. 04

    Diligence & Close

    Inspections and financing on the agreed timeline, then a professional, predictable closing.

Middlesex County Seller FAQ

What should I know about taxes before I sell commercial property in Middlesex County, MA?

Middlesex County does not set its own tax rate. Massachusetts bills property tax at the city and town level under M.G.L. c.59, and each of the county's 54 municipalities sets its own residential and commercial rate, capped at 2.5% annual levy growth under Prop 2 1/2 (c.59 Sec.21C).

Is there rent control in Middlesex County?

No. M.G.L. c.40P, the Massachusetts Rent Control Prohibition Act, bars cities and towns from adopting rent control statewide. Middlesex County owners and buyers price apartment buildings on lease terms and market rent rather than a capped schedule, which simplifies underwriting for multifamily buyers.

How tight is the Middlesex County rental market?

Rental vacancy in Middlesex County was 3.4% in the Census Bureau's 2020-2024 American Community Survey. Median gross rent reached $2,201, up 34.5% from the 2015-2019 survey. Cambridge, Somerville and Lowell post the county's largest renter populations, while suburbs such as Newton lean more toward owners.

What happens to tenant security deposits when I sell an apartment building in Middlesex County?

Under M.G.L. c.186 Sec.15B, a tenant's security deposit transfers to the buyer at closing, held in an interest-bearing account. The buyer must notify the tenant of the new holder within 45 days. Sellers should hand over full deposit and interest records during due diligence.

How do I sell commercial property in Middlesex County, MA?

Send the address, unit count, and any financials. We review Middlesex County apartment buildings of 5+ units, give feedback typically within 48 hours, and follow with a written letter of intent if it fits.

Do you buy apartment buildings throughout Middlesex County?

Yes. We evaluate multifamily properties across Middlesex County, including Lowell, Marlborough, Melrose, Watertown, Woburn, Cambridge, Newton, Somerville, Framingham, Malden, Everett, Medford, and Waltham, as well as smaller towns and unincorporated areas. Every property is reviewed on its own fundamentals.

What size Middlesex County properties do you buy?

Apartment buildings and income-producing residential properties with 5 or more units. Our sweet spot is 15–25 units, and we review larger communities with capital partners.

Will you buy a property that needs work or has high vacancy?

Yes. We underwrite value-add, mismanaged, and distressed properties as they are today — no repairs or lease-up required before selling.

Is it possible to sell rental property in Middlesex County without evicting tenants?

It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.

Do I need a broker to sell my apartment building in Middlesex County?

No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.

How do property taxes factor into a Middlesex County offer?

Property is assessed at the county level, within Massachusetts rules. Massachusetts communities assess property annually, and Proposition 2½ caps growth in each town’s total levy. Rates vary significantly by municipality, so we review your specific town.

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Have A Property In Middlesex County?

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