757 Somerville Ave Somerville, MA 02143
Porter Square NeighborhoodEstimated payment $12,650/month
Highlights
- Property is near public transit and schools
- Upgraded Countertops
- Porch
- Wood Flooring
- Balcony
- Bathtub with Shower
About This Home
This is a prime opportunity to own an enormous, well-maintained, income-producing 3-family home located just one block from Porter Square, right on the Cambridge/Somerville line, providing immediate access to Harvard Square, Davis Square, Kendall Square/MIT, and downtown Boston. Porter Square, with its convenient supermarket, gyms, shops, and restaurants, is literally at your doorstep. Ideally situated at the intersection of Somerville Avenue and Beacon Street, this location provides easy access to all of Cambridge and beyond. Whether you're seeking a strong investment, future condo conversion, or multigenerational living, this property checks all the boxes. All three units feature spacious living rooms, three equally sized bedrooms, modern baths, and sunny eat-in kitchens with dishwashers and pantries. The apartments are generously sized and include hardwood floors, replacement windows, coin-operated laundry, and private storage in the basement. Each unit also features a large private side porch, while the 2nd and 3rd fl. units enjoy an additional front deck, creating a true urban retreat. With separately metered utilities, this property is easy and economical to operate. Additional highlights include a small yard, a two-bay garage, and parking for six cars. It's rare to find a large three-family with a garage and this much parking so close to Porter Square! There is also potential to expand into the full basement, offering the opportunity to increase value or income. You and your tenants will love this exceptional location, with unbeatable access to world-class universities, highly acclaimed restaurants, neighborhood cafés, and vibrant local shops. A rare chance to own in one of the area's most coveted, walkable neighborhoods, where timeless charm meets modern convenience. Don't miss this exceptional offering. This is the one you've been waiting for. Gross income, including parking income is 144,720 a year. This is the perfect turnkey investment opportunity
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,019
Year Built
- Built in 1910
Lot Details
- 3,994 Sq Ft Lot
- Property fronts a private road
- Level Lot
Parking
- 2 Car Garage
- Common or Shared Parking
- 6 Open Parking Spaces
Home Design
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 3,774 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Living Room
Kitchen
- Range
- Dishwasher
- Upgraded Countertops
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Outdoor Features
- Balcony
- Porch
Location
- Property is near public transit and schools
Utilities
- Heating System Uses Natural Gas
- Heating System Uses Steam
- 110 Volts
- High Speed Internet
Community Details
- 3 Units
- Net Operating Income $131,400
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:0037 B:000A L:0027,752784
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $18,500 | $1,695,700 | $725,200 | $970,500 |
| 2024 | $17,396 | $1,653,600 | $725,200 | $928,400 |
| 2023 | $17,436 | $1,686,300 | $725,200 | $961,100 |
| 2022 | $16,627 | $1,633,300 | $690,600 | $942,700 |
| 2021 | $16,255 | $1,595,200 | $685,600 | $909,600 |
| 2020 | $16,101 | $1,595,700 | $686,100 | $909,600 |
| 2019 | $15,321 | $1,423,900 | $624,500 | $799,400 |
| 2018 | $13,094 | $1,157,700 | $567,800 | $589,900 |
| 2017 | $11,696 | $1,002,200 | $535,700 | $466,500 |
| 2016 | $11,066 | $883,200 | $478,400 | $404,800 |
| 2015 | $10,291 | $816,100 | $441,800 | $374,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2026 07/22/26 | For Sale | $1,999,900 | -- | $530 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Deed | $163,500 | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73553463
APN: SOME-000037-A000000-000027
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Ask me questions while you tour the home.