3 Lee St Somerville, MA 02145
Winter Hill NeighborhoodEstimated payment $11,531/month
Highlights
- Property is near public transit and schools
- Wood Flooring
- Park
- Somerville High School Rated A-
- Covered Patio or Porch
- 4-minute walk to Hoyt-Sullivan Playground
About This Home
This distinctive building offers strong curb appeal and undeniable character. Located on a tree-lined street, the property features six 1-bedroom, 1-bath units, making it an ideal addition to any investor’s portfolio. Front and back porches enhance tenant appeal. The building is equipped with central heat and hot water, providing efficiency and convenience. Paved driveway. Situated in a prime locale, this property offers easy access to the Gilman Square MBTA Green Line Station, connecting to Cambridge, Boston, and beyond. Close proximity to shops, dining, and entertainment. Current lease agreements in place through May 31, 2027.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,802
Year Built
- Built in 1900
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,425 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Parking
- 1 Car Parking Space
- Driveway
- 1 Open Parking Space
- Off-Street Parking
Additional Features
- Covered Patio or Porch
- 3,000 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number 754894
Community Details
Overview
- 6 Units
- Property has 1 Level
Recreation
- Park
Building Details
- Electric Expense $633
- Insurance Expense $4,725
- Water Sewer Expense $4,222
- Operating Expense $15,519
- Net Operating Income $130,019
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 | $17,447 | $1,599,200 | $439,800 | $1,159,400 |
| 2024 | $16,451 | $1,563,800 | $439,800 | $1,124,000 |
| 2023 | $15,895 | $1,537,200 | $439,800 | $1,097,400 |
| 2022 | $15,166 | $1,489,800 | $418,900 | $1,070,900 |
| 2021 | $14,436 | $1,416,700 | $398,900 | $1,017,800 |
| 2020 | $13,470 | $1,335,000 | $383,600 | $951,400 |
| 2019 | $13,826 | $1,284,900 | $333,500 | $951,400 |
| 2018 | $12,538 | $1,108,600 | $303,200 | $805,400 |
| 2017 | $11,859 | $1,016,200 | $286,100 | $730,100 |
| 2016 | $11,768 | $939,200 | $259,400 | $679,800 |
| 2015 | $9,758 | $773,800 | $231,300 | $542,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/06/2026 04/06/26 | For Sale | $1,850,000 | +83.5% | $540 / Sq Ft | |
| 09/30/2014 09/30/14 | Sold | $1,008,000 | +1.0% | $294 / Sq Ft | View Prior Sale |
| 08/31/2014 08/31/14 | Pending | -- | -- | -- | |
| 08/13/2014 08/13/14 | For Sale | $998,000 | -- | $291 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73496734
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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