Investment Analysis — 36 College Ave

Somerville, MA 02144

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for the units it does not cover, a 44-unit multi-family in 02144 carries an estimated $132,670/mo in gross rent — about a 6.71% cap rate and $1,073,709/yr in estimated NOI at the $16,000,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

34,417

Style

5-9 Family

Built

1920

Rare Portfolio Offering: 36 College Avenue in Somerville is part of a three-building portfolio for sale, which also includes 202-218 Mass Ave. in Arlington and 49–55 Davis Square in Somerville. 36 College Avenue, known as the Bryant Chambers building, is a 44-unit, five-story brick apartment building in the heart of Davis Square. Located at the corner of College Avenue and Park Avenue, the property is steps from the MBTA Red Line and within walking distance of Tufts University. Built in the 1920s, the building features classic brick architecture with windows on all four sides, providing abundant natural light. The unit mix includes (3) studios, (34) one-bedroom apartments, (6) two-bedroom apartments, and (1) commercial space. Amenities include an elevator, on-site laundry, keyless FOB entry, and storage. The property offers stable in-place cash flow, a strong occupancy history, and long-term value-add potential through strategic management. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFO

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 MLS and other third-party data may be inaccurate or out of date.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