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81-83 Wood Street, Somerset MA 02726

Somerset, MA 02726
$699,999
$675,000
Est. $3,932/month
5
Beds
2.5
Baths
2,308
Sq Ft
$292
Price/Sq Ft
0.25
Acres
1920
Year Built
2
Garage Spaces
170
Days on Market
Pending Price Drop -$24,999 Listed Jul 20, 2025 • MLS# 73407134 Copied! • Updated Jan 20, 2026

About this home

Don’t miss this rare opportunity to own TWO single-family homes on one lot in a quiet neighborhood. Perfect for investors, multi-generational living, or owner-occupants looking to offset their mortgage with rental income. The front home offers approx. 1,400 sq ft of living space with 3 bedrooms, 1.5 baths, and a fenced-in yard. The rear home features a comfortable 2-bedroom, 1-bath layout, roughly 900 sq ft. Each home includes its own private parking area ensuring convenience and privacy for all occupants. A two-stall garage separates the two dwellings and separate utilities provide easy management for landlords or dual-household living. While the interiors reflect years of long term tenancy (10 + years) back house will be delivered vacant, front house is TAW. This is a unique, income-producing property you won't come across often, don't miss the opportunity!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Jul 21, 2025
$675,000
Original listing
Agent: Nicole Rusin Office: Lamacchia Realty, Inc.
🏠
Listed for Sale
Jul 21, 2025
$675,000
Original listing
Agent: Nicole Rusin Office: Lamacchia Realty, Inc.

Tax History

Year Taxes Assessment
2025 $3,821 $569,900

Financial Details

Annual Property Tax
$3,821
Tax Year 2025
Assessed Value
$569,900

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style Multi Family
Year Built 1920
Living Area 2,308 sq ft
Lot Size 0.25 acres
Bedrooms 5
Full Baths 2
Half Baths 1
Total Rooms 13

Investment Metrics

Units 2
Unit 1 Rent $2,200/mo · N
Unit 2 Rent $1,800/mo · N
Total Monthly Rent $4,000/mo
Gross Income $10,200
Net Operating Income $10,200
Cap Rate 1.51%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Fireplaces 1
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Off Street
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,821
Assessed Value $569,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures One Water Meter Supplies Both Properties
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures These are two separate single family homes on one parcel
Documents None
County Bristol
Total market time (incl. prior listings) 111 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1920
Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,308 sq ft
Total Rooms
13
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:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter, Block
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Easements
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 6
Parking Features: Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities:
School District
Somerset-Berkley School District local
School Safety 2024-25
1.7% Average
1.3% Suspensions 0.4% In-School 0.4% Emergency
3.8% below state avg
E

Elementary Schools

3 schools
B+
Chace Street School
1.0 mi | #331 of 824 | Score: 49.8
Improved 228 spots from last year
-8.4 below state avg
297 students Less Diverse
Rising School Strong Attendance
Grades K-05
B-
South School
1.6 mi | #450 of 824 | Score: 46.1
Dropped 155 spots from last year
-12.1 below state avg
242 students Moderate
Grades K-05
A
North Elementary School
1.9 mi | #145 of 824 | Score: 57.3
Improved 345 spots from last year
-0.9 below state avg
471 students Less Diverse
Rising School
Grades PK-05
M

Middle Schools

3 schools
B
Somerset Middle School
1.5 mi | #169 of 352 | Score: 42.8
Dropped 37 spots from last year
-15.4 below state avg
610 students Less Diverse
Grades 06-08
C-
Morton Middle School
2.4 mi | #299 of 352 | Score: 31.4
Improved 39 spots from last year
-26.8 below state avg
751 students Diverse
Rising School Diverse Student Body
Grades 06-08
B
Joseph Case Jr High School
2.7 mi | #152 of 352 | Score: 44.3
Dropped 15 spots from last year
-13.9 below state avg
490 students Less Diverse
Grades 06-08
H

High Schools

3 schools
A-
Somerset Berkley Regional High School
0.8 mi | #99 of 346 | Score: 60.1
Improved 81 spots from last year
+1.9 above state avg
896 students Less Diverse
18 sports • 1,236 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
JRI Meadowridge Swansea Wood School
2.4 mi
Grades 06-12
Stevens School
2.5 mi
Grades 06-12
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Monthly Payment Calculator

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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $318
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

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Current Rate
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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

81-83 Wood Street, Somerset MA 02726

Somerset, MA 02726

Listing Information

Listing Agent Nicole Rusin
Listing Office Lamacchia Realty, Inc.
Office Phone 508-677-3629
Agent MLS ID CN241941
Office MLS ID AN8116
Listing Data Updated Jan 20, 2026 11:05 PM EST
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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BMN Boston Real Estate

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