42 Calvin Street, Somerville MA 02143
Somerville, MA 02143 • Inman Square
$4,200,000
$3,975,000
Est. $23,530/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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About this home
Exceptional investment opportunity in one of Somerville’s most desirable locations! This six-unit building features spacious units with flexible floor plans that allow them to function as 3-bedrooms, ideal for roommate living and with strong rental potential. Each apartment offers high ceilings that enhance the sense of space and light, along with private covered back porches. Ideally situated with easy access to Harvard University and the shops and services in vibrant Inman Square, this property places residents at the center of it all. Easy access to Whole Foods Market on Beacon Street, as well as Kirkland Village with its shops and dining destinations. A rare opportunity to own a well-located, income-generating property with strong upside in a thriving rental market. Current lease agreements in place through May 31, 2027.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
5.4%
Price Range
Property Timeline
Price Reduced
Jun 30, 2026
$3,975,000
$225,000
(-5.36%)
From $4,200,000 to $3,975,000 (-5.4%)
Showing Instructions Updated
Apr 11, 2026
New showing requirements
Listed for Sale
Apr 7, 2026
$4,200,000
Original listing
Agent: Maggie Dee + Charles Cherney Team
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/30/2026 | ↓ Price Reduced | $3,975,000 | $225,000 | - | From $4,200,000 to $3,975,000 (-5.4%) |
| 04/11/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 04/07/2026 | 🏠 Listed for Sale | $4,200,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $38,768 | $3,430,900 |
Financial Details
Annual Property Tax
$38,768
Tax Year 2026
Assessed Value
$3,430,900
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1900
Living Area
9,106 sq ft
Lot Size
0.11 acres
Stories
5
Bedrooms
12
Full Baths
6
Total Rooms
30
Investment Metrics
Units
6
Unit 1 Rent
$3,700/mo · Y
Unit 2 Rent
$3,800/mo · Y
Unit 3 Rent
$3,750/mo · Y
Unit 4 Rent
$3,750/mo · Y
Total Monthly Rent
$15,000/mo
Gross Income
$271,800
Net Operating Income
$216,710
Operating Expenses
$16,322
Water/Sewer Expense
$5,618
Electric Expense
$1,842
Insurance Expense
$8,862
Cap Rate
5.45%
Interior
Heating
None
Cooling
None
Flooring
Tile, Hardwood
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Covered
Parking
Features
None
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$38,768
Assessed Value
$3,430,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Annual Expenses Are For 2025. Current Lease Agreements In Place Through May 31, 2027.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
150 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
12
Full Bathrooms
6
Living Area
9,106 sq ft
Total Rooms
30
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
9,106 sq ft above grade
Display Options
Outdoor Areas
Patio & porchCovered
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Hardwood
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stone, Brick/Mortar
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Covered
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Somerville School District local
B-
School Safety
2024-25
2.5%
Average
1.4%
Suspensions
2.2%
In-School
1.1%
Emergency
3.0% below state avg
Elementary Schools
9 schools
B+
Albert F. Argenziano School at Lincoln Park
0.3 mi
|
#137 of 352
|
Score: 45.4
Improved 37 spots from last year
-12.8 below state avg
548 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
0.7 mi
Grades PK-08
C+
East Somerville Community School
1.0 mi
|
#244 of 352
|
Score: 36.9
Improved 7 spots from last year
-21.3 below state avg
743 students
Diverse
Grades PK-08
A
John F Kennedy School
1.1 mi
|
#49 of 352
|
Score: 57.2
Improved 6 spots from last year
-1 below state avg
474 students
Diverse
Grades PK-08
C-
Winter Hill Community School
1.1 mi
|
#291 of 352
|
Score: 32.3
Dropped 19 spots from last year
-25.9 below state avg
361 students
Diverse
Diverse Student Body
Grades PK-08
C+
Arthur D Healey School
1.5 mi
|
#237 of 352
|
Score: 37.4
Improved 26 spots from last year
-20.8 below state avg
461 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
Capuano Early Childhood Center
1.0 mi
240 students
Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.5 mi
|
#82 of 825
|
Score: 60.2
Dropped 65 spots from last year
+2 above state avg
230 students
Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.9 mi
Grades PK-K
Middle Schools
1 school
Next Wave Junior High School
0.8 mi
11 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
2 schools
F
Full Circle High School
0.8 mi
|
#334 of 346
|
Score: 23.6
Improved 32 spots from last year
-34.6 below state avg
60 students
Diverse
Rising School
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
B+
Somerville High School
0.8 mi
|
#125 of 346
|
Score: 58.3
Improved 117 spots from last year
+0.1 above state avg
1,367 students
Diverse
17 sports
• 1,566 athletes
Strong AP Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
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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
$3,231
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
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
Inman Square
42 Calvin Street, Somerville MA 02143
Somerville, MA 02143
Listing Information
Listing Agent
Maggie Dee + Charles Cherney Team
Listing Office
Compass
Office Phone
617-303-0067
Agent MLS ID
TM355402
Office MLS ID
AN2606
Listing Data Updated
Aug 31, 2026 3:05 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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