361 Washington St Somerville, MA 02143
Ward Two Neighborhood
11
Beds
4
Baths
3,700
Sq Ft
3,797
Sq Ft Lot
Highlights
- Medical Services
- Property is near public transit
- Tennis Courts
- Somerville High School Rated A-
- Wood Flooring
- 1-minute walk to Perry Park
About This Home
As of April 2025Prime investment opportunity in the heart of Somerville! This 3-family property offers roughly 3,700 sqft of living space across three spacious units, generating great rental income. Each unit features large living areas, in-unit dishwashers, and ample natural light, with a mix of 3-4 bedrooms per unit. Off-street parking and a paved driveway add convenience. Located near Porter Square, Harvard University, Whole Foods, and public transportation, this property is perfect for investors or owner-occupants. Additional highlights include separately metered electric, natural gas heating, vinyl siding, and a full basement with exterior access. Don’t miss this opportunity to own a high-income property in one of Somerville’s most desirable locations!
Last Agent to Sell the Property
Douglas Elliman Real Estate - The Sarkis Team Listed on: 03/04/2025
Last Buyer's Agent
Douglas Elliman Real Estate - The Sarkis Team Listed on: 03/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,541
Year Built
- Built in 1900
Home Design
- Triplex
- Stone Foundation
- Frame Construction
Interior Spaces
- 3,700 Sq Ft Home
- Living Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 11 Bedrooms
- 4 Full Bathrooms
Parking
- 1 Car Parking Space
- Driveway
- Paved Parking
- On-Street Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Additional Features
- Porch
- 3,797 Sq Ft Lot
- Separate Meters
Listing and Financial Details
- Total Actual Rent $11,395
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:64 B:C L:20,756873
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Park
- Jogging Path
Building Details
- Net Operating Income $136,740
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $483,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | For Rent | $4,400 | 0.0% | -- |
| 04/14/2025 04/14/25 | Sold | $1,835,000 | -4.7% | $496 / Sq Ft |
| 03/24/2025 03/24/25 | Pending | -- | -- | -- |
| 03/20/2025 03/20/25 | Price Changed | $1,925,000 | -3.5% | $520 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $1,995,000 | -- | $539 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $17,551 | $1,608,700 | $775,300 | $833,400 |
| 2024 | $16,541 | $1,572,300 | $775,300 | $797,000 |
| 2023 | $16,158 | $1,562,700 | $775,300 | $787,400 |
| 2022 | $15,377 | $1,510,500 | $738,300 | $772,200 |
| 2021 | $14,754 | $1,447,900 | $703,100 | $744,800 |
| 2020 | $14,337 | $1,420,900 | $676,100 | $744,800 |
| 2019 | $13,211 | $1,227,800 | $574,100 | $653,700 |
| 2018 | $10,945 | $967,700 | $522,000 | $445,700 |
| 2017 | $10,450 | $895,500 | $472,700 | $422,800 |
| 2016 | $10,414 | $831,100 | $464,600 | $366,500 |
| 2015 | $9,672 | $767,000 | $428,700 | $338,300 |
Source: Public Records
Agents Affiliated with this Home
-
G
Seller's Agent in 2025
George Sarkis
Douglas Elliman Real Estate - The Sarkis Team
-
A
Seller Co-Listing Agent in 2025
Alexander Sanchez
Douglas Elliman Real Estate - The Sarkis Team
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73341064
APN: SOME-000064-C000000-000020
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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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