8 Everett St Somerville, MA 02143
Prospect Hill NeighborhoodEstimated payment $15,460/month
Highlights
- Medical Services
- Property is near public transit and schools
- Bathtub with Shower
- Somerville High School Rated A-
- Wood Flooring
- Living Room
About This Home
This well-maintained six-unit building WITH LEAD CERTIFICATES & sits in the heart of East Somerville, just minutes from Union Square, 900 feet to the T Station, public transit, and downtown Boston. It offers five spacious three-bedroom units and one four-bedroom unit—ideal for strong rental income in a high-demand area. Each unit has separate utilities, with tenants paying their own gas and electric, making management simple and efficient. All units feature washer and dryer hookups and use natural gas for heating. Updated boilers and hot water heaters boost comfort and energy performance. The apartments have flexible layouts, large bedrooms, and great natural light. With a solid rental history and potential for condo conversion, this property is a rare find in one of Somerville’s most accessible and rapidly growing neighborhoods. Unit six (3 bed) pays $2,700 (TAW) & has laundry hookups.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $26,468
Year Built
- Built in 1910
Lot Details
- 3,868 Sq Ft Lot
- Level Lot
Home Design
- Brick Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 6,755 Sq Ft Home
- Property has 1 Level
- Living Room
- Basement Fills Entire Space Under The House
- Range
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 19 Bedrooms
- 6 Full Bathrooms
- Bathtub with Shower
Location
- Property is near public transit and schools
Schools
- Sps Elementary And Middle School
- SHS High School
Utilities
- No Cooling
- 6 Heating Zones
- Baseboard Heating
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:82 B:C L:15,759233
Community Details
Overview
- 6 Units
Amenities
- Medical Services
- Shops
Recreation
- Park
Building Details
- Electric Expense $480
- Insurance Expense $5,978
- Water Sewer Expense $18,862
- Operating Expense $15,546
- Net Operating Income $114,054
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 | $26,468 | $2,426,000 | $701,400 | $1,724,600 |
| 2024 | $25,467 | $2,420,800 | $701,400 | $1,719,400 |
| 2023 | $25,610 | $2,476,800 | $701,400 | $1,775,400 |
| 2022 | $23,205 | $2,279,500 | $668,000 | $1,611,500 |
| 2021 | $21,679 | $2,127,500 | $636,200 | $1,491,300 |
| 2020 | $20,504 | $2,032,100 | $611,800 | $1,420,300 |
| 2019 | $18,266 | $1,697,600 | $523,100 | $1,174,500 |
| 2018 | $15,140 | $1,338,600 | $475,500 | $863,100 |
| 2017 | $14,160 | $1,213,400 | $448,600 | $764,800 |
| 2016 | $13,491 | $1,076,700 | $448,500 | $628,200 |
| 2015 | $12,518 | $992,700 | $413,700 | $579,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2026 03/18/26 | Price Changed | $2,500,000 | -3.8% | $370 / Sq Ft |
| 11/20/2025 11/20/25 | Price Changed | $2,600,000 | -3.7% | $385 / Sq Ft |
| 09/02/2025 09/02/25 | Price Changed | $2,700,000 | -3.6% | $400 / Sq Ft |
| 06/16/2025 06/16/25 | For Sale | $2,800,000 | -- | $415 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73391369
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