588-590 Somerville Ave, Somerville MA 02143

Somerville, MA 02143

$2,500,000

Est. $14,655/month

0.12

Acres

1900

Year Built

72

Days on Market

Active Listed Sep 25, 2025 • MLS# 73435868 Copied!

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About this home

We is pleased to present the opportunity to purchase this well located value add mixed use investment with MBTA access - a very rare asset in Boston’s inner suburban market. Building user OR value-add investor opportunity. Three (3) commercial units, two (2) second floor residential units. Incredible location on Somerville Avenue.

Property Overview

Listing Type

Commercial Sale

Year Built

1900

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1900

Lot Size 0.12 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other None

Financial

Annual Tax $21,764

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials:

Roof:

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source:

Sewer:

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

588-590 Somerville Ave, Somerville MA 02143

Somerville, MA 02143

Walkability

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Schools

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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

Total Cost

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Including down payment

Home Price

Down Payment

%

Down: $0

Interest Rate

%

Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $1,814

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

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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.

Property History

Property Timeline

🏠

Listed for Sale

Sep 25, 2025

$2,500,000

Original listing

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
09/25/2025	🏠 Listed for Sale	$2,500,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Sep 25, 2025	New Listing Added	$2,500,000	—

Market Statistics

Days on Market

72 days

Price per Sq Ft

$—

Tax History

Year	Taxes	Assessment
2025	$21,764	—

Financial Details

Annual Property Tax

$21,764

Tax Year 2025

Listing Information

Listing Agent Stephen Nohrden

Listing Office Burgess Properties, LLC

Agent MLS ID CN223578

Office MLS ID NB1068

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.