43-45 Aldrich Street, Somerville MA 02145

Somerville, MA 02145
$940,000
6
Beds
4
Baths
2,418
Sq Ft
$389
Price/Sq Ft
0.08
Acres
1900
Year Built
19
Days on Market
Sold 2025 Listed Oct 10, 2025 • MLS# 73442351 Copied! • Updated Nov 21, 2025

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Sale Statistics

Sale Overview
Original List Price: $949,000
Final Sale Price: $940,000
Difference: $9,000 (-0.9%)
Performance Metrics
99.1%
List to Sale Ratio
Sold below asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $392
Sale $/sq ft: $389
This property sold for $389 per square foot
Sale Summary

This property sold for 0.9% below the original asking price.

With only 19 days on market, this was a quick sale compared to typical market conditions.

About this home

Exceptional investment opportunity in the heart of Somerville! This well-maintained 4-unit multi-family property offers versatility, income potential and a prime location. Each unit features bright, well-proportioned living spaces with large windows and classic New England charm. The property’s crisp white exterior and welcoming curb appeal make an excellent first impression. Additional highlights include separate utilities, full basement for storage and outdoor space. Perfect for investors seeking steady rental income or developers exploring condo conversion possibilities. Ideally located near vibrant Union Square, Assembly Row, and public transit, Gilman Square Station on the Green line and with easy access to downtown Boston & major routes. Don’t miss this rare opportunity to own a four-unit property in one of Somerville’s most desirable neighborhoods!

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Recently Sold Nearby

Price & Status History

Market Insights

26.4%
Price Range

Property Timeline

Current Active Listing - MLS #73594529
Full transaction history available when tracking began
🏡
Currently Listed
Oct 23, 2026
$1,290,000
MLS #73594529 - Active
✓
Sold
Nov 21, 2025
Property sold
🏠
Listed for Sale
Oct 10, 2025
$949,000
Original listing
Agent: The Varano Realty Group Office: Keller Williams Realty

Tax History

Year Taxes Assessment
2025 $10,995 $1,004,100

Financial Details

Annual Property Tax
$10,995
Tax Year 2025
Assessed Value
$1,004,100

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1900
Living Area 2,418 sq ft
Lot Size 0.08 acres
Bedrooms 6
Full Baths 4
Total Rooms 14

Investment Metrics

Units 4
Unit 1 Rent $1,450/mo · N
Unit 2 Rent $1,650/mo · N
Unit 3 Rent $1,600/mo · N
Unit 4 Rent $1,650/mo · N
Total Monthly Rent $6,350/mo
Gross Income $76,200
Net Operating Income $76,200
Cap Rate 8.03%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Interior Entry, Dirt Floor, Concrete, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features On Street
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,995
Assessed Value $1,004,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Sold As Is. Mbta Order Of Taking Recorded In Middlesex County Registry Of Deeds Bk/pg: 70297/56
Possession None
Accepted Financing None
Structure Type []
House Color White
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 20 days

Property Overview

Property Type
4 Family
Listing Type
Sold
Year Built
1900
Bedrooms
6
Full Bathrooms
4
Living Area
2,418 sq ft
Total Rooms
14
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Interior Entry, Dirt Floor, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Stone, Brick/Mortar
Stories: 4

Utilities & Systems

Heating:
Heating Zones: 4
Cooling:
Hot Water: Natural Gas
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: On Street
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
E

Elementary Schools

3 schools
C+
East Somerville Community School
0.2 mi | #244 of 352 | Score: 36.9
Improved 7 spots from last year
-21.3 below state avg
743 students Diverse
Grades PK-08
C-
Winter Hill Community School
0.3 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
Capuano Early Childhood Center
0.3 mi
240 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

3 schools
Next Wave Junior High School
0.2 mi
11 students Diverse
Diverse Student Body
Grades 06-08
B-
Cambridge Street Upper School
0.9 mi | #207 of 352 | Score: 39.9
Dropped 19 spots from last year
-18.3 below state avg
317 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
1.1 mi | #119 of 352 | Score: 47.6
Improved 25 spots from last year
-10.6 below state avg
296 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
F
Full Circle High School
0.2 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
0.2 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
B-
Community Charter School of Cambridge
1.3 mi | #205 of 346 | Score: 51.9
Dropped 84 spots from last year
-6.3 below state avg
244 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
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Location

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Neighborhood

43-45 Aldrich Street, Somerville MA 02145

Somerville, MA 02145

Listing Information

Listing Agent The Varano Realty Group
Listing Office Keller Williams Realty
Office Phone 617-969-9000
Agent MLS ID TM309737
Office MLS ID BB5962
Listing Data Updated Nov 21, 2025 1:30 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
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