441 Broadway Somerville, MA 02145
South Medford NeighborhoodEstimated payment $10,678/month
Highlights
- Deck
- Wood Flooring
- Jogging Path
- Property is near public transit
- Sun or Florida Room
- 2-minute walk to Henry O. Hansen Park
About This Home
Prime investment opportunity perched atop Winter Hill, just moments from Magoun Square and the Green Line Extension T station! 441 Broadway is a well-maintained three-family property with 10 bedrooms generating $10,100/month in rental income, with room for approximately $1,500/mo growth when leases renew in 2026. Each unit features hardwood floors, spacious eat-in kitchens, and abundant natural light. Recent improvements include high-efficiency tankless hot water boilers and a new private deck off Unit 3 offering excellent city views—a perfect spot to unwind. Tenants enjoy off-street parking, two sets of coin-operated laundry machines, and dedicated storage units in the basement. With its classic slate roof, solid systems, and desirable location atop one of Somerville’s most historic hills, this property combines timeless character with modern comfort. Strong cash flow, upside potential, and unbeatable proximity to shops, dining, and transit make 441 Broadway a standout investment.
Listing Agent
Berkshire Hathaway HomeServices Warren Residential Listed on: 10/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,000
Year Built
- Built in 1910
Home Design
- Stone Foundation
- Slab Foundation
- Frame Construction
- Slate Roof
Interior Spaces
- 4,184 Sq Ft Home
- Property has 1 Level
- Living Room
- Sun or Florida Room
- Wood Flooring
- Range
- Unfinished Basement
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- Baseboard Heating
Additional Features
- Deck
- 3,484 Sq Ft Lot
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:40 B:D L:2,753191
Community Details
Recreation
- Jogging Path
Additional Features
- 3 Units
- Net Operating Income $121,200
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 | $36 | $3,300 | $3,300 | $0 |
| 2024 | $35 | $3,300 | $3,300 | $0 |
| 2023 | $34 | $3,300 | $3,300 | $0 |
| 2022 | $32 | $3,100 | $3,100 | $0 |
| 2021 | $31 | $3,000 | $3,000 | $0 |
| 2020 | $29 | $2,900 | $2,900 | $0 |
| 2019 | $26 | $2,400 | $2,400 | $0 |
| 2018 | $4,963 | $2,400 | $2,400 | $0 |
| 2017 | $26 | $2,200 | $2,200 | $0 |
| 2016 | $24 | $1,900 | $1,900 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | Price Changed | $1,750,000 | -1.4% | $418 / Sq Ft | |
| 10/21/2025 10/21/25 | For Sale | $1,775,000 | +47.9% | $424 / Sq Ft | |
| 07/29/2020 07/29/20 | Sold | $1,200,000 | +4.4% | $365 / Sq Ft | View Prior Sale |
| 06/18/2020 06/18/20 | Pending | -- | -- | -- | |
| 06/16/2020 06/16/20 | For Sale | $1,149,000 | 0.0% | $349 / Sq Ft | |
| 04/15/2018 04/15/18 | Rented | $2,100 | 0.0% | -- | |
| 04/12/2018 04/12/18 | Under Contract | -- | -- | -- | |
| 03/24/2018 03/24/18 | For Rent | $2,100 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $165,000 | -- | |
| Foreclosure Deed | $180,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $330,000 | No Value Available | |
| Closed | $184,603 | No Value Available | |
| Closed | $156,750 | Purchase Money Mortgage | |
| Previous Owner | $28,200 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73445902
APN: SOME M:40 B:D L:2
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