48 Irving Street, Somerville MA 02144
Somerville, MA 02144 • Davis Square
$1,850,000
Est. $10,854/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
PRIME DAVIS SQUARE / TUFTS LOCATION WITH GARAGE AND PARKING! This well-maintained three-family home is ideally situated between Davis Square and Tufts University. Offering an attractive mix of unit sizes, renovated interiors, abundant parking, and private outdoor space, this property is an excellent choice for an investor, owner-occupant, or multi-generational buyer. The property features three renovated units, including a studio, a one-bedroom apartment, and a spacious three/four-bedroom unit, perfect for an owner occupant seeking additional income. All three units have been renovated within the past five years and feature beautiful hardwood flooring, full tile bathrooms, and separate heating and cooling systems paid by the tenants. Each unit also offers dedicated parking in the double wide driveway, and the three-car garage, can provide additional owner parking, storage, or additional income for the new owner. Outdoor living is another highlight, with private outdoor space for each individual unit and a shared, fenced-in patio that provides a wonderful space for relaxing, entertaining, or enjoying the outdoors. Located just minutes from Davis Square, Tufts University, public transportation, restaurants, shops, and neighborhood amenities, this property combines location, flexibility, and income potential in one outstanding package. A rare opportunity to own a turnkey three-family in the heart of the Davis Square/Tufts University area.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 10, 2026
$1,850,000
Original listing
Agent: David P. Veo
Office: Freedom Realty Advisors
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/10/2026 | 🏠 Listed for Sale | $1,850,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2027 | $15,588 | $1,560,000 |
Financial Details
Annual Property Tax
$15,588
Tax Year 2027
Assessed Value
$1,560,000
Facts & Features
3 Car Garage
Central AC
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1900
Living Area
2,538 sq ft
Lot Size
0.10 acres
Stories
4
Bedrooms
5
Full Baths
4
Total Rooms
11
Investment Metrics
Units
3
Unit 1 Rent
$2,200/mo · Y
Unit 2 Rent
$2,500/mo · Y
Unit 3 Rent
$3,000/mo · Y
Total Monthly Rent
$7,700/mo
Gross Income
$92,400
Net Operating Income
$92,400
Cap Rate
4.99%
Interior
Heating
Ductless, Central, Electric
Cooling
Ductless, Central Air, Heat Pump
Flooring
Wood, Tile
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace
None
Basement
Full, Bulkhead, Unfinished
Laundry
Gas Dryer Hookup, Washer Hookup
Features
Ceiling Fan(s), Living Room, Kitchen, Dining Room
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
Fenced/enclosed
Patio/Porch
Porch, Patio - Enclosed
Parking
Garage Spaces
3
Has Garage
Yes
Features
Paved Drive, Off Street, Assigned, Paved
Total Spaces
9
Utilities
Electric
110 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Dryer, Washer Hookup, Varies Per Unit
Financial
Annual Tax
$15,588
Assessed Value
$1,560,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Taxes Reflect Residential Exemption.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
4
Living Area
2,538 sq ft
Total Rooms
11
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,538 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Patio - Enclosed
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
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:
Wood, Tile
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Ceiling Fan(s), Living Room, Kitchen, Dining Room
Windows:
Basement:
Full, Bulkhead, Unfinished
Laundry:
Gas Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
4
Heating, Cooling & Utilities
Heating:
Ductless, Central, Electric
Heating Zones:
3
Cooling:
Ductless, Central Air, Heat Pump
Cooling Zones:
3
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch, Patio - Enclosed
Fencing:
Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
3
Total Parking Spaces:
9
Parking Features:
Paved Drive, Off Street, Assigned, Paved
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
$1,299
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
Davis Square
48 Irving Street, Somerville MA 02144
Somerville, MA 02144
Listing Information
Listing Agent
David P. Veo
Listing Office
Freedom Realty Advisors
Office Phone
617-777-3303
Agent MLS ID
BB910778
Office MLS ID
AC1447
Listing Data Updated
Sep 10, 2026 12:06 PM 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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