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Est. Mortgage: $/month

Federal 30-year interest rate: 6.67% last updated on 2026-08-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143250-256 Somerville Avenue Somerville MA 02143
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  • 24Bedrooms
  • 12Bathrooms
  • 13,543Square Feet
Prime investment opportunity in bustling Union Square! This 12-unit apartment property with 16 parking spaces is a cash flowing dream property! Immediately proximate to the new Union Square train station and significant area improvements to infrastructure, commercial property, and community spaces. All apartments are presently graciously sized two bedrooms, mostly updated, several with in-unit laundry (coin-ops also in basement). September 2024 Projected Rent Roll is $47,200 per month (only two parking spaces unrented for upcoming year). Historical operating expenses of approximately $65,000. Projected NOI of approximately $500,000!
Listed by William Senne of Senne

Listing Sold by United Real Estate, LLC

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More Info

Basic Information

  • Gross Income $580,000
  • Mls StatusSold

Rooms

  • Bathroom12
  • Bathrooms Total Decimal 12
  • Bedrooms24
  • Full Bath12

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationConcrete Perimeter, Brick/Mortar
  • Rooms48
  • Stories3
  • Units12
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation2.0%
  • Date Listed04/10/2024
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2.0%

Tax Information

  • Tax Assessed Value $3,534,000
  • Tax Year 2024
  • Taxes$37,178

Basic Information

  • GO-List Price$7,995,000
  • MLS Number73222468
  • Modification Date09/16/2024
  • Property SubType5-9 Family
  • Purchase Contract Date08/29/2024
  • Sale Date09/16/2024
  • Sale Price$7,545,000

Property

  • Acreage0.28

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Other AmenitiesBasement

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Assigned, Driveway
  • Parking Spaces12

Location

  • Address250-256 Somerville Avenue
  • Building Number250-256
  • CountyMiddlesex
  • NeighborhoodUnion Square
  • StateMA
  • StreetSomerville Avenue
  • SubdivisionUnion Square
  • TownSomerville
  • Zip02143

Interior

  • Flooring Wood

Property Information

  • Building Area Source Public Records
  • Living Area 13,543
  • Lot Size Square Feet 12,194
  • Lot Size Units Acres
  • Square Feet13,543
  • View YN Yes

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

I agree to receive marketing and customer service calls and text messages from Levi Test Cloner2. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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