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5 Quincy Street Somerville — Photo 1 of 33

5 Quincy Street Somerville — Photo 1 of 33

$985,500

Investment Analysis — 5 Quincy Street

Somerville, MA 02143

Based on rent reported on the MLS listing, a 2-unit multi-family in 02143 carries $6,000/mo in gross rent — about a 4.73% cap rate and $46,607/yr in estimated NOI at the $985,500 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,742

Style

Multi Family

Built

1890

Cherished by the same family for over 30 years, this classic multi-family arrives on the market carrying decades of warmth, milestones, and dedicated care. Whether you are an owner-occupant looking to establish roots while offsetting your mortgage with rental income or an investor seeking prime Somerville real estate, this storied home presents an extraordinary opportunity. The unbeatable location cannot be topped. Situated right in the heart of vibrant Somerville, you are moments away from neighborhood parks, local dining, shopping, major transit routes, and public transportation—offering peak urban convenience right at your doorstep. Across three finished levels and approximately 1,742 square feet of living space, the property features two distinct units with traditional flow, classic moldings, and hardwood floors: Unit 1 (First Floor): A comfortable five-room layout offering one bedroom, an inviting living room, formal dining room, and an eat-in kitchen. Unit 2 (Second & Third Floors): An expansive, flexible two-story retreat featuring seven rooms, three bedrooms, and a full bath, highlighted by a generous landing hallway and walk-up third-level spaces.Rare Urban Parking: Includes a paved off-street driveway accommodating up to three vehicles, a premium convenience in this neighborhood. Though SOLD AS-IS, we welcome your vision, your personal updates, and the chance to carry forward the proud legacy of a home loved across generations. Don't miss this rare blend of deep-rooted family history, owner-occupant financial upside, and a can't-be-beat Somerville address!

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

Original Price$985,500
Annual Taxes$8,113

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms12
FireplacesNone
FlooringWood, Tile, Vinyl, Concrete, Hardwood
BasementFull, Walk-Out Access, Interior Entry, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
FoundationConcrete Perimeter, Brick/Mortar
ZoningNR

Property & Lot

Acres0.04
SqFt Lot1,802
Lot Features--

Amenities & Appliances

Range • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Laundromat • Highway Access • House of Worship

Geography

Listing Provided By

Listing Agent: Thomas Noah

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73585459