18 Otis St Somerville, MA 02145
East Somerville NeighborhoodEstimated payment $9,095/month
Highlights
- Living Room
- Family Room
- 3-minute walk to Deanna Cremin Playground
- Somerville High School Rated A-
- Level Lot
About This Home
12 bed!, three-bath, three-unit property conveniently located just outside the vibrant Union Square and minutes from Assembly Row. Each unit offers spacious layouts with large rooms, providing endless possibilities for both investors and owner-occupants alike. Some units can be delivered vacant, allowing flexibility for immediate occupancy or renovation. The property features off-street parking, a yard, and additional storage space in the back that could be converted into garages, or use your imagination perfect for creative uses or added income potential. This is an excellent opportunity to own a large, versatile multi-family in a rapidly growing area with strong rental demand and easy access to shops, restaurants, public transportation, and major routes. Whether you’re looking to live in one unit and rent the others or fully invest for maximum returns, this property offers the flexibility, location, and size that are hard to find in today’s market. A true gem!
Listing Agent
Mike Wetherbee
Cameron Real Estate Group Listed on: 11/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,361
Year Built
- Built in 1900
Lot Details
- 4,095 Sq Ft Lot
- Level Lot
Home Design
- Triplex
- Stone Foundation
Interior Spaces
- 4,707 Sq Ft Home
- Property has 1 Level
- Family Room
- Living Room
Bedrooms and Bathrooms
- 12 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Community Details
- 3 Units
- Net Operating Income $84,000
Listing and Financial Details
- Assessor Parcel Number M:90 B:H L:14,759917
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 | $14,361 | $1,316,300 | $416,100 | $900,200 |
| 2024 | $13,434 | $1,277,000 | $416,100 | $860,900 |
| 2023 | $13,102 | $1,267,100 | $416,100 | $851,000 |
| 2022 | $12,530 | $1,230,800 | $396,200 | $834,600 |
| 2021 | $12,186 | $1,195,900 | $390,800 | $805,100 |
| 2020 | $11,915 | $1,180,900 | $375,800 | $805,100 |
| 2019 | $10,959 | $1,018,500 | $311,800 | $706,700 |
| 2018 | $8,699 | $769,100 | $249,300 | $519,800 |
| 2017 | $8,504 | $728,700 | $235,200 | $493,500 |
| 2016 | $7,430 | $593,000 | $165,200 | $427,800 |
| 2015 | $7,053 | $559,300 | $164,300 | $395,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/11/2025 11/11/25 | Pending | -- | -- | -- |
| 11/04/2025 11/04/25 | For Sale | $1,499,999 | 0.0% | $319 / Sq Ft |
| 10/08/2024 10/08/24 | Off Market | $3,400 | -- | -- |
| 09/01/2024 09/01/24 | For Rent | $3,400 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73451051
APN: SOME-000090-H000000-000014
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