757 Somerville Ave, Somerville MA 02143

Somerville, MA 02143
$1,999,900
Est. $11,981/month
9
Beds
3
Baths
3,774
Sq Ft
$530
Price/Sq Ft
0.09
Acres
1910
Year Built
2
Garage Spaces
15 hours 54 minutes
Time on Market
Active Listed Jul 22, 2026 • MLS# 73553463 Copied! • Updated Jul 22, 2026

About this home

This is a prime opportunity to own an enormous, well-maintained, income-producing 3-family home located just one block from Porter Square, right on the Cambridge/Somerville line, providing immediate access to Harvard Square, Davis Square, Kendall Square/MIT, and downtown Boston. Porter Square, with its convenient supermarket, gyms, shops, and restaurants, is literally at your doorstep. Ideally situated at the intersection of Somerville Avenue and Beacon Street, this location provides easy access to all of Cambridge and beyond. Whether you're seeking a strong investment, future condo conversion, or multigenerational living, this property checks all the boxes. All three units feature spacious living rooms, three equally sized bedrooms, modern baths, and sunny eat-in kitchens with dishwashers and pantries. The apartments are generously sized and include hardwood floors, replacement windows, coin-operated laundry, and private storage in the basement. Each unit also features a large private side porch, while the 2nd and 3rd fl. units enjoy an additional front deck, creating a true urban retreat. With separately metered utilities, this property is easy and economical to operate. Additional highlights include a small yard, a two-bay garage, and parking for six cars. It's rare to find a large three-family with a garage and this much parking so close to Porter Square! There is also potential to expand into the full basement, offering the opportunity to increase value or income. You and your tenants will love this exceptional location, with unbeatable access to world-class universities, highly acclaimed restaurants, neighborhood cafés, and vibrant local shops. A rare chance to own in one of the area's most coveted, walkable neighborhoods, where timeless charm meets modern convenience. Don't miss this exceptional offering. This is the one you've been waiting for. Gross income, including parking income is 144,720 a year. This is the perfect turnkey investment opportunity

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 22, 2026
$1,999,900
Original listing
Agent: David Lilley Office: RE/MAX Real Estate Center

Tax History

Year Taxes Assessment
2026 $20,019 $1,823,200

Financial Details

Annual Property Tax
$20,019
Tax Year 2026
Assessed Value
$1,823,200

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1910
Living Area 3,774 sq ft
Lot Size 0.09 acres
Bedrooms 9
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent $3,600/mo · Y
Unit 2 Rent $3,750/mo · Y
Unit 3 Rent $3,600/mo · Y
Total Monthly Rent $10,950/mo
Gross Income $144,720
Net Operating Income $131,400
Cap Rate 6.57%
Heating Steam, Natural Gas
Cooling None
Flooring Tile, Vinyl, Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Full, Interior Entry, Sump Pump, Concrete
Laundry None
Features Pantry, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen
Construction Frame
Architecture None
Roof Rubber
Features Balcony/deck
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 2
Has Garage Yes
Features Common, Paved
Total Spaces 8
Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $20,019
Assessed Value $1,823,200
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Buyer To Do Own Due Diligence With Architect Re. Potential Use Or Development. Seller & Listing Broker Make No Representations To The Validity Of Potential For Expansion Or Conversion.
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
1910
Bedrooms
9
Full Bathrooms
3
Living Area
3,774 sq ft
Total Rooms
15
Stories
3
Levels
3

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: Tile, Vinyl, Hardwood
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Pantry, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen
Windows: Insulated Windows
Basement: Full, Interior Entry, Sump Pump, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Steam, Natural Gas
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 8
Parking Features: Common, 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
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,668
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

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Neighborhood

757 Somerville Ave, Somerville MA 02143

Somerville, MA 02143

Listing Information

Listing Agent David Lilley
Listing Office RE/MAX Real Estate Center
Office Phone 617-576-3800
Agent MLS ID BB301030
Office MLS ID AN8908
Listing Data Updated Jul 22, 2026 1:37 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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