Investment Analysis — 42 Calvin Street

Somerville, MA 02143 — Inman Square

Based on rent reported on the MLS listing, a 6-unit multi-family in 02143 carries $22,650/mo in gross rent — about a 4.42% cap rate and $167,800/yr in estimated NOI at the $3,795,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

9,106

Style

5-9 Family

Built

1900

Exceptional investment opportunity in one of Somerville’s most desirable locations! This six-unit building features spacious units with flexible floor plans that allow them to function as 3-bedrooms, ideal for roommate living and with strong rental potential. Each apartment offers high ceilings that enhance the sense of space and light, along with private covered back porches. Ideally situated with easy access to Harvard University and the shops and services in vibrant Inman Square, this property places residents at the center of it all. Easy access to Whole Foods Market on Beacon Street, as well as Kirkland Village with its shops and dining destinations. A rare opportunity to own a well-located, income-generating property with strong upside in a thriving rental market. 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 MLS and other third-party data may be inaccurate or out of date.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.