BOSTON, MA— Matthews™, a commercial real estate investment services and technology firm, recently listed the Kingsley Orchard Realty (KOR) Portfolio, located at 18 Day St, 49 Dover St, and 123 Orchard St in Somerville, Massachusetts. The portfolio is exclusively listed by Matthews™ Vice President Nick Jasinski.

 

Coming to market for the first time in its history, the 120-unit offering presents a compelling 100% market-rate multifamily opportunity in one of Greater Boston’s most sought-after rental markets. Originally developed during the pre-war era by previous generations of the current ownership, the portfolio totals 97,916 square feet across three brick buildings. The assets feature an attractive unit mix of 55% one-bedroom units, 27% studios, and 18% two-bedroom units. With approximately 20% of units having received partial updates, the portfolio provides immediate scale and consistent in-place income, while presenting meaningful upside potential for a new owner.

 

“Our Boston office is honored to exclusively offer the Kingsley Orchard Realty Portfolio for sale and maximize exit value for a portfolio that has defined a neighborhood for over a century,” Jasinski said. “We expect strong investor feedback due to the rarity of assets at this scale near the Somerville/Cambridge, MA line.”

 

Located just steps from Davis Square, the portfolio benefits from exceptional access to public transportation, major employment hubs, and a vibrant mix of retail and dining amenities. The properties are within walking distance of the MBTA Red Line, providing direct connectivity to Cambridge and Downtown Boston, and are surrounded by a dense concentration of world-renowned institutions and employers, including Harvard University, MIT, and leading life sciences and technology firms.

 

For more information, please contact Nick Jasinski or visit www.matthews.com.

 

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.