Investment Analysis — 15 Atherton Street

Somerville, MA 02143 — Spring Hill

Based on rent reported on the MLS listing, a 3-unit multi-family in 02143 carries $11,400/mo in gross rent — about a 5.13% cap rate and $86,875/yr in estimated NOI at the $1,695,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

4,426

Style

3 Family

Built

1890

Located in the sought-after Spring Hill neighborhood of Somerville, this three-unit property presents an outstanding investment opportunity. Each 3-BR unit features high ceilings, well-proportioned rooms, and an excellent layout — ideal for roommate living or flexible configurations. All three apartments enjoy a covered rear deck overlooking a spacious fenced yard, offering appealing outdoor space for tenants. Perfectly situated between Porter Square (MBTA Red Line + commuter rail) and Union Square (MBTA Green Line), the location provides easy access to a wide array of shops, services, and restaurants. A rare opportunity to own a well-located, income-generating property with strong rental appeal. Current lease agreements in place through May 31, 2027.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.