$1,725,000
$70K PRICE DROP

Estimated payment $10,651/month

Total Views 2,312
9 Beds
3 Baths
3,300 Sq Ft
$523 Price per Sq Ft

Highlights

  • Property is near public transit
  • Wood Flooring
  • Enclosed patio or porch
  • Somerville High School Rated A-
  • Jogging Path
  • 5-minute walk to North Street Veterans Playground

About This Home

Great opportunity in one of Somerville’s best neighborhoods! This 3-family property offers roughly 3,300 sqft of living space and generates great rental income with all units being fully occupied. Each unit features spacious layouts with 3 bedrooms, separate utilities, and in-unit dishwashers. Located near Tufts University, Davis Square, Alewife Parkway, and public transportation, this property is ideal for investors or owner-occupants. Additional features include a garage, an off-street parking spot and an enclosed porch. With individually metered electric, gas heating, and a sarnafil roof, this is a great opportunity to add value in a prime location!

Listing Agent

George Sarkis

Douglas Elliman Real Estate - The Sarkis Team

Douglas Elliman Real Estate - The Sarkis Team

Co-Listing Agent

Alexander Sanchez

Douglas Elliman Real Estate - The Sarkis Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,041

Year Built

  • Built in 1930

Parking

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

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 3,300 Sq Ft Home
  • Living Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Enclosed patio or porch
  • 3,214 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number M:7 B:L L:15,747861

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Park
  • Jogging Path

Additional Features

  • Shops
  • Net Operating Income $116,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,041

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1930
  • Levels: 6
  • Year Built Details: Approximate
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Tile, Vinyl
  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Dirt Floor, Unfinished
  • Above Grade Finished Sq Ft: 3300
  • Living Area: 3300
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4282
  • LIST PRICE PER Sq Ft: 522.73
  • PRICE PER Sq Ft: 522.73

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Roof: Other
  • 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
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:7 B:L L:15,747861
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3214
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13041
  • Tax Book Number: 0

Multi Family

  • Gross Income: 116100
  • Net Operating Income: 116100
  • Number Of Units Total: 3
  • Total Actual Rent: 9675
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

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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 $13,869 $1,271,200 $541,000 $730,200
2024 $13,041 $1,239,600 $541,000 $698,600
2023 $12,736 $1,231,700 $541,000 $690,700
2022 $12,142 $1,192,700 $515,200 $677,500
2021 $11,874 $1,165,300 $511,500 $653,800
2020 $11,761 $1,165,600 $511,800 $653,800
2019 $11,198 $1,040,700 $465,900 $574,800
2018 $9,592 $848,100 $423,500 $424,600
2017 $9,372 $803,100 $399,600 $403,500
2016 $8,859 $707,000 $356,800 $350,200
2015 $8,238 $653,300 $329,500 $323,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Price Changed $1,725,000 0.0% $523 / Sq Ft
05/14/2025 05/14/25 For Sale $1,725,000 -3.9% $523 / Sq Ft
03/20/2025 03/20/25 Off Market $1,795,000 -- --
03/04/2025 03/04/25 For Sale $1,795,000 0.0% $544 / Sq Ft
12/25/2024 12/25/24 Off Market $4,950 -- --
11/18/2024 11/18/24 For Rent $4,950 -- --
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $435,000 No Value Available
Closed $448,866 No Value Available
Closed $434,000 No Value Available
Closed $263,200 No Value Available
Closed $184,000 No Value Available
Closed $184,000 Purchase Money Mortgage
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73341065

MLS Property Information Network (MLS PIN)

APN: SOME-000007-L000000-000015