$1,520,000
SOLD JUL 10, 2025

49 Fairmount Ave Somerville, MA 02144

Teele Square Neighborhood
6 Beds
3 Baths
3,621 Sq Ft
3,978 Sq Ft Lot

Recently Sold

$420 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Somerville High School Rated A-
  • Property is near public transit and schools
  • 4-minute walk to North Street Veterans Playground

About This Home

As of July 2025

Exceptional opportunity to own a centrally located 3,621 sqft 3-family w/ detached 2 car garage near Tufts & Teele/Davis Squares. First time available in 30+ yrs. Quiet, tree-lined dead-end street w/ fenced front & large rear yard. Charming details include mouldings, built-ins, oak woodwork, and beautiful oak hardwood floors. Each unit offers 2 beds, 1 bath w/ oversized eat-in kitchen, dual pantry, formal dining room, large bay window living room + enclosed front & rear porches. Laundry in basement. Long driveway fits 3 cars. Separate systems & enclosed storage areas. Consistent rental/upgrade history. Perfect investment or condo conversion! Min to East Arlington, Alewife Grnwy, Rt 16, Whole Foods, Stop & Shop, Tufts Green Line. #2 only has a stove & needs paint/flooring.

Last Agent to Sell the Property

Cameron Chesley

Keller Williams Realty Boston-Metro | Back Bay Listed on: 06/04/2025

Keller Williams Realty Boston-Metro | Back Bay

Last Buyer's Agent

Cameron Chesley

Keller Williams Realty Boston-Metro | Back Bay Listed on: 06/04/2025

Keller Williams Realty Boston-Metro | Back Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,627

Year Built

  • Built in 1910

Lot Details

  • 3,978 Sq Ft Lot
  • Cul-De-Sac
  • Fenced

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Stone Foundation

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Bulkhead
  • Deck
  • Enclosed Patio or Porch

Schools

  • John F Kennedy Elementary School
  • West Somerville Middle School
  • Somerville High School

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Oil
  • Individual Controls for Heating
  • Heating System Uses Steam

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,650
  • Assessor Parcel Number M:8 B:C L:27

Community Details

Overview

  • 3 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $300
  • Insurance Expense $4,100
  • Water Sewer Expense $2,000
  • Operating Expense $24,627
  • Net Operating Income $31,173

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,627

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Levels: 3
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Interior Entry, Bulkhead, Unfinished
  • Above Grade Finished Sq Ft: 3621
  • Below Grade Sq Ft: 1207
  • Living Area: 3621
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB5522
  • MAIN SO: BB5522

Exterior Features

  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, On Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Steam, Oil, Unit Control
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2000

Lot Info

  • Parcel Number: M:8 B:C L:27
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3978
  • Lot Size Units: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 15627

Multi Family

  • Electric Expense: 300
  • Insurance Expense: 4100
  • Net Operating Income: 31173
  • Number Of Units Total: 3
  • Operating Expense: 24627
  • Total Actual Rent: 4650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3

MLS Schools

  • High School: Somerville Hs
  • Elementary School: John F Kennedy
  • Middle Or Junior School: West Somerville

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2025 07/10/25 Sold $1,520,000 +5.2% $420 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
06/04/2025 06/04/25 For Sale $1,445,000 -- $399 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cameron Chesley

    Seller's Agent in 2025

    Cameron Chesley

    Keller Williams Realty Boston-Metro | Back Bay

    (617) 869-1750

    1 in this area

    54 Total Sales

    Cameron Chesley
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73385232

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Somerville 02144 Teele Square

49 Fairmount Ave, Somerville, MA

Sold

MultiFamily

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