
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Laundromat • Highway Access • House of Worship
Geography
Listing Agent: Thomas Noah
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73585459








