13 Warwick St Somerville, MA 02145
Magoun Square NeighborhoodEstimated payment $93,049/month
Highlights
- 0.24 Acre Lot
- 11 Car Garage
- 3-minute walk to Lexington Park
- Somerville High School Rated A-
About This Home
BACK ON MARKET! EXCLUSIVE OPPORTUNITY AT 13 WARWICK STREET: A newly built 28-unit rental property in Somerville’s prime Spring Hill neighborhood—just 15 minutes from downtown Boston and close to Davis Square. Developed by SMT Development and Prominent Builders, who have completed 100+ projects in Somerville, the building offers condo-quality finishes and a unit mix of 10 studios, 2 one-bedrooms, 13 two-bedrooms, and 2 three-bedrooms, including 23 market-rate and 5 affordable units. Additional highlights include 11 garage parking spaces, a projected rent roll of $91,500 per month, and annual income potential of $1.1M. Located just a 5-minute walk to the Green Line T stop, the property will be delivered 100% complete with a certificate of occupancy expected by June 1st. Construction plans are available in the MLS documents; financials are available upon request.
Listing Agent
Ryan Taylor
Fortune RE Listed on: 11/28/2025
Co-Listing Agent
Brayden Haney
Fortune RE
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2026
Lot Details
- 10,277 Sq Ft Lot
Parking
- 11 Car Garage
- Driveway
- Open Parking
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 26,718 Sq Ft Home
- Property has 1 Level
- Basement
Bedrooms and Bathrooms
- 44 Bedrooms
- 40 Full Bathrooms
Community Details
- 28 Units
- Net Operating Income $850,000
Listing and Financial Details
- Assessor Parcel Number 752045
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $31,818 | $2,916,400 | $1,680,000 | $1,236,400 |
| 2024 | $17,969 | $987,300 | $537,900 | $449,400 |
| 2023 | $16,524 | $952,400 | $537,900 | $414,500 |
| 2022 | $16,048 | $952,400 | $537,900 | $414,500 |
| 2021 | $15,896 | $952,400 | $537,900 | $414,500 |
| 2020 | $15,543 | $952,400 | $537,900 | $414,500 |
| 2019 | $15,661 | $903,700 | $512,300 | $391,400 |
| 2018 | $16,032 | $880,400 | $512,300 | $368,100 |
| 2017 | $15,578 | $828,200 | $483,300 | $344,900 |
| 2016 | $15,981 | $791,900 | $448,200 | $343,700 |
| 2015 | $15,703 | $770,500 | $426,800 | $343,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2026 05/19/26 | Price Changed | $16,950,000 | 0.0% | $634 / Sq Ft |
| 05/19/2026 05/19/26 | For Sale | $16,950,000 | +2.7% | $634 / Sq Ft |
| 12/19/2025 12/19/25 | Pending | -- | -- | -- |
| 11/28/2025 11/28/25 | For Sale | $16,500,000 | -- | $618 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73458059
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