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Active Under Contract
6 Days on market
16 Henry Ave Somerville — Photo 1 of 42

16 Henry Ave Somerville — Photo 1 of 42

$999,900

Investment Analysis — 16 Henry Ave

Somerville, MA 02144

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02144 carries an estimated $7,880/mo in gross rent — about a 6.01% cap rate and $60,094/yr in estimated NOI at the $999,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2

SqFt

2,786

Style

Multi Family

Built

1900

Full of character and potential, this spacious two-family offers a great opportunity to make it your own. The first-floor unit features one bedroom with the potential for a second, while the upper unit offers four bedrooms, generous living space, and large windows that bring in plenty of natural light. Charming front porches add to the home’s appeal, while newer rear stairs and a maintenance-free deck provide valuable exterior updates. Set on a one-way street within walking distance to Davis Square, with convenient access to bus routes, the Red Line and Green Line for an easy commute into Boston. Bring your vision and personal touches to restore, update, and make this well-located two-family your own.

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 MLS and other third-party data may be inaccurate or out of date.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.

Immersive Experience

No longer available to tour

Property Details

Financials

Original Price$999,900
Annual Taxes$11,772

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms11
FireplacesNone
FlooringVinyl, Carpet, Hardwood
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingForced Air, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningNR

Property & Lot

Acres0.04
SqFt Lot1,925
Lot FeaturesLevel

Amenities & Appliances

Range

Geography

Listing Provided By

Listing Agent: Dianna Doherty

Listing Office: RE/MAX Innovative Properties

MLS® Number: 73584310