$1,599,900
PENDING

Estimated payment $9,581/month

Total Views 1,317
8 Beds
3 Baths
3,448 Sq Ft
$464 Price per Sq Ft

Highlights

  • Corner Lot
  • 2 Car Garage
  • 2-minute walk to Lou Ann David Park
  • Somerville High School Rated A-

About This Home

Welcome to 29 Packard Ave , a rare two-family opportunity in one of Somerville’s most sought-after locations. Situated just moments from Tufts University, the Green Line Extension, Teele Square, and Davis Square, this property offers unbeatable access to transit, restaurants, shops, and campus conveniences. The first unit is delivered vacant, perfect for an owner-occupant or for investors looking to set their own rent. The second unit is currently leased for $6,500/month, providing immediate, strong cash flow in one of the city’s fastest-appreciating neighborhoods. Inside, the home has been freshly painted and features new appliances, creating a clean, updated feel throughout. The property sits proudly on a corner lot and includes a rare 2-car garage, plus additional driveway parking—an invaluable asset in Somerville. Whether you’re an investor seeking a high-performing 2 family, or a homeowner looking for income to offset your mortgage, 29 Packard Ave checks off all the boxes.

Listing Agent

Brian Gagnon

Coldwell Banker Realty - Boston Listed on: 12/01/2025

Coldwell Banker Realty - Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,278

Year Built

  • Built in 1900

Lot Details

  • 3,654 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • 2 Heating Zones

Community Details

  • 2 Units
  • Net Operating Income $126,000

Listing and Financial Details

  • Assessor Parcel Number M:11 B:D L:1,748466

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,278

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Levels: 4
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 3448
  • Below Grade Sq Ft: 1050
  • Living Area: 3448
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN6181

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking Spaces: 4
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:11 B:D L:1,748466
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3654
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 15278

Multi Family

  • Net Operating Income: 126000
  • Number Of Units Total: 2
  • Total Actual Rent: 10500
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $15,278 $1,400,400 $707,100 $693,300
2024 $14,603 $1,388,100 $707,100 $681,000
2023 $13,872 $1,341,600 $707,100 $634,500
2022 $13,063 $1,283,200 $673,400 $609,800
2021 $12,678 $1,244,200 $668,500 $575,700
2020 $12,215 $1,210,600 $668,900 $541,700
2019 $11,548 $1,073,200 $608,900 $464,300
2018 $10,558 $933,500 $553,600 $379,900
2017 $10,355 $887,300 $522,300 $365,000
2016 $10,009 $798,800 $466,400 $332,400
2015 $9,585 $760,100 $430,700 $329,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2025 12/10/25 Pending -- -- --
12/01/2025 12/01/25 For Sale $1,599,900 -- $464 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $1,179,604 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $97,000 No Value Available
Previous Owner $225,000 No Value Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73458621

MLS Property Information Network (MLS PIN)

APN: SOME-000011-D000000-000001