Consensusability is an important property for many multi-agent systems (MASs) as it implies the existence of networked controllers driving the states of MAS subsystems to the same value. Consensusability is of interest even when the MAS subsystems are physically coupled, which is the case for real-world systems such as power networks. In this paper, we study necessary and sufficient conditions for the consensusability of linear interconnected MASs. These conditions are given in terms of the parameters of the subsystem matrices, as well as the eigenvalues of the physical and communication graph Laplacians. Our results show that weak coupling between subsystems and fast information diffusion rates in the physical and communication graphs favor consensusability. Technical results are verified through computer simulations. Copyright (C) 2020 The Authors.