421 Somerville Ave. Somerville — Photo 1 of 12
$1,150,000
Investment Analysis — 421 Somerville Ave.
Somerville, MA 02143 — Union Square
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 02143 carries an estimated $9,860/mo in gross rent — about a 7.02% cap rate and $80,774/yr in estimated NOI at the $1,150,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
1,887
Style
3 Family - 3 Units Up/Down
Built
1900
Exceptional investment opportunity in the heart of Somerville! One of 3 adjacent 3-family row houses offered by the same owner, this property presents the rare chance to acquire 1, 2, or all 3 buildings, creating a unique 9-unit portfolio in one of Greater Boston's strongest rental markets. Ideally located near vibrant Union Sq., the Green Line, bus service & Boston, the property also enjoys the convenience of Market Basket directly across the street, along with nearby restaurants, cafés, shops & everyday amenities. Currently, units 1 & 2 are vacant, and unit 3 is occupied by a TAW paying below-market rent. The building provides immediate income with future upside and flexibility. A rare chance to invest in a high-demand location with exceptional long-term potential. Video: https://tours.madorephotography.com/dyZFPTmn
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 MLS and other third-party data may be inaccurate or out of date.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
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Bike Path
Geography
Listing Agent: Angela Caputo Griswold
Listing Office: ERA Key Realty Services
MLS® Number: 73546692
