BMN Boston

Get our mobile app!

Download on the App Store

38 Berkeley Street, Somerville MA 02143

Somerville, MA 02143
$2,450,000
Est. $14,517/month
4
Beds
5
Baths
5,051
Sq Ft
$485
Price/Sq Ft
0.13
Acres
1928
Year Built
18 hours 40 minutes
Time on Market
Active Listed Jul 21, 2026 • MLS# 73552553 Copied! • Updated Jul 21, 2026

About this home

Fantastic opportunity to purchase a six-family property in Somerville's highly sought-after Spring Hill neighborhood, near to Porter Square Red Line and just blocks from the Gilman Square Green Line and Bike Path, making it a commuter's dream. The property consists of six units—two studios and four two-bedroom apartments—and features an enormous backyard and a large basement with ample storage. The two studio units have been recently renovated, while Units 1–3 have been tastefully updated. Unit 4 is currently vacant, presenting an excellent opportunity for a new owner to renovate and increase rental income. With a well-balanced layout of three units on each side, this is a rare value-add investment opportunity in one of Somerville's most desirable locations. Please see broker for balance of photos and videos of each unit.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 21, 2026
$2,450,000
Original listing
Agent: Grace Bloodwell Office: Coldwell Banker Realty - Boston

Tax History

Year Taxes Assessment
2026 $23,144 $2,107,800

Financial Details

Annual Property Tax
$23,144
Tax Year 2026
Assessed Value
$2,107,800

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1928
Living Area 5,051 sq ft
Lot Size 0.13 acres
Bedrooms 4
Full Baths 5
Total Rooms 22

Investment Metrics

Units 6
Unit 1 Rent $3,200/mo · Y
Unit 2 Rent $2,850/mo · Y
Unit 3 Rent $3,000/mo
Unit 4 Rent $2,000/mo
Total Monthly Rent $11,050/mo
Gross Income $158,700
Net Operating Income $158,700
Cap Rate 6.48%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $23,144
Assessed Value $2,107,800
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures One unit (#4) is empty/needs renovation work completed
Documents None
County Middlesex

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1928
Bedrooms
4
Full Bathrooms
5
Living Area
5,051 sq ft
Total Rooms
22
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1928
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,929
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

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

Loading map...

Neighborhood

38 Berkeley Street, Somerville MA 02143

Somerville, MA 02143

Listing Information

Listing Agent Grace Bloodwell
Listing Office Coldwell Banker Realty - Boston
Office Phone 617-242-0025
Agent MLS ID BB806851
Office MLS ID AN6194
Listing Data Updated Jul 21, 2026 8:54 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

38 Berkeley Street, Somerville MA 02143 - Photo 1 38 Berkeley Street, Somerville MA 02143 - Photo 2 38 Berkeley Street, Somerville MA 02143 - Photo 3 38 Berkeley Street, Somerville MA 02143 - Photo 4 38 Berkeley Street, Somerville MA 02143 - Photo 5 38 Berkeley Street, Somerville MA 02143 - Photo 6 38 Berkeley Street, Somerville MA 02143 - Photo 7 38 Berkeley Street, Somerville MA 02143 - Photo 8 38 Berkeley Street, Somerville MA 02143 - Photo 9 38 Berkeley Street, Somerville MA 02143 - Photo 10 38 Berkeley Street, Somerville MA 02143 - Photo 11 38 Berkeley Street, Somerville MA 02143 - Photo 12 38 Berkeley Street, Somerville MA 02143 - Photo 13 38 Berkeley Street, Somerville MA 02143 - Photo 14 38 Berkeley Street, Somerville MA 02143 - Photo 15 38 Berkeley Street, Somerville MA 02143 - Photo 16 38 Berkeley Street, Somerville MA 02143 - Photo 17 38 Berkeley Street, Somerville MA 02143 - Photo 18 38 Berkeley Street, Somerville MA 02143 - Photo 19 38 Berkeley Street, Somerville MA 02143 - Photo 20 38 Berkeley Street, Somerville MA 02143 - Photo 21 38 Berkeley Street, Somerville MA 02143 - Photo 22 38 Berkeley Street, Somerville MA 02143 - Photo 23
Steven Novak

Steven Novak

BMN Boston Real Estate

Your message will be sent to Steven Novak.

Schedule a Tour