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26 Wesley St Somerville — Photo 1 of 7

26 Wesley St Somerville — Photo 1 of 7

$850,000

Investment Analysis — 26 Wesley St

Somerville, MA 02145

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02145 carries an estimated $7,370/mo in gross rent — about a 6.77% cap rate and $57,557/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2

SqFt

2,606

Style

Multi Family

Built

1920

INVESTMENT OPPORTUNITY IN SOMERVILLE! 26 Wesley Street presents a compelling opportunity for an investor, developer, or experienced buyer looking to unlock the potential of a well-located Somerville property. This multi-family property offers the chance to acquire a substantial asset in one of Greater Boston’s most desirable and dynamic communities. The property is being sold sight unseen and in AS-IS condition with occupants in place. Seller will not deliver the property vacant, and buyer will assume responsibility for the existing occupancy and any process, cost, or risk associated with obtaining possession after closing, if desired. No interior showings will be provided prior to closing. Buyers should conduct their own due diligence and rely on available public records and documentation when evaluating the property. This offering is best suited for an investor or experienced buyer comfortable evaluating the available information and assuming the associated risks. For the right buyer, the asking price may provide significant upside and long-term investment potential in the Somerville market. Cash or other financing that does not require interior access is strongly preferred. A unique opportunity for a knowledgeable buyer who understands the value of location, potential, and a long-term investment strategy with everything Somerville has to offer.

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.

Property Details

Financials

Original Price$850,000
Annual Taxes$9,657

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms11
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
ZoningNR

Property & Lot

Acres0.06
SqFt Lot2,433
Lot Features--

Geography

Listing Provided By

Listing Agent: Domingo Medina

Listing Office: Coldwell Banker Realty - Lexington

MLS® Number: 73585402