23 Packard Ave, Somerville MA 02144

Somerville, MA 02144
$1,750,000
Est. $10,451/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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8
Beds
4
Baths
3,329
Sq Ft
$526
Price/Sq Ft
0.08
Acres
1886
Year Built
3
Parking
20
Days on Market
For Sale Listed Sep 30, 2026 • MLS# 73584940 Copied! • Updated Oct 4, 2026

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About this home

Rare opportunity to own a spacious two-family home in a desirable location near Tufts University, Teele Square, and Davis Square. Offering a strong rental history and proven cash flow, this property provides immediate rental income with long-term potential. Both units feature 4 bedrooms and 2 full baths. The first unit offers a comfortable two-level layout, while the second unit occupies the upper two floors and features a spacious floor plan with living and dining rooms, dedicated office space, and additional flexible living areas. Both units feature hardwood floors, updated kitchens and bathrooms, and forced-air heating. Additional highlights include a high-ceiling basement with laundry and ample storage, a composite deck, front porch, and three off-street parking spaces. Recent improvements include vinyl siding, composite decking, and a newer roof approximately 7–9 years old. A great opportunity for investors or owner-occupants seeking a well-maintained two-family property in a convenient Somerville location.

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Recently Sold Nearby

Price & Status History

Market Insights

2.9%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Oct 1, 2026
$1,750,000
Original listing
Agent: Ning Sun Office: United Real Estate, LLC
Previous Transaction - MLS #73218695
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 26, 2024
$1,700,000
MLS #73218695

Tax History

Year Taxes Assessment
2026 $16,830 $1,532,800

Financial Details

Annual Property Tax
$16,830
Tax Year 2026
Assessed Value
$1,532,800

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1886
Living Area 3,329 sq ft
Lot Size 0.08 acres
Stories 4
Bedrooms 8
Full Baths 4
Total Rooms 14

Investment Metrics

Units 2
Unit 1 Rent $4,600/mo · Y
Unit 2 Rent $4,800/mo · Y
Total Monthly Rent $9,400/mo
Gross Income $112,800
Net Operating Income $112,800
Cap Rate 6.45%
Heating Forced Air
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement None
Laundry None
Features Living Room, Kitchen, Dining Room, Office/den
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Composite
Features Paved Drive, Off Street, Tandem, Paved
Total Spaces 3
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $16,830
Assessed Value $1,532,800
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Both Units Are Currently Leased Through August 31, 2027
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1886
Bedrooms
8
Full Bathrooms
4
Living Area
3,329 sq ft
Total Rooms
14
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Living Room, Kitchen, Dining Room, Office/Den
Windows: Insulated Windows
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1886
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 4

Utilities & Systems

Heating: Forced Air
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Tandem, Paved

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,403
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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$0/mo
Save $0/mo
Current Rate
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+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

23 Packard Ave, Somerville MA 02144

Somerville, MA 02144

Listing Information

Listing Agent Ning Sun
Listing Office United Real Estate, LLC
Office Phone 781-453-8818
Agent MLS ID CN225640
Office MLS ID AN1807
Listing Data Updated Oct 4, 2026 4:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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