82 Electric Ave, Somerville MA 02144

Somerville, MA 02144 • Teele Square
$1,437,500
$1,395,000
Est. $8,546/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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5
Beds
2
Baths
3,335
Sq Ft
$418
Price/Sq Ft
0.10
Acres
1900
Year Built
2
Garage Spaces
90
Days on Market
Sale Pending Price Drop -$42,500 Listed Jun 24, 2026 • MLS# 73540824 Copied! • Updated Sep 23, 2026

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About this home

Presenting a distinguished two-family residence at 82 Electric Ave in Somerville. Built in 1900, this well-maintained property offers 3,335 square feet of living space on a 4,172 square foot lot and features a total of 5 bedrooms, 2 full bathrooms, and a 2-car garage.Combining classic character, generous living space, and a highly desirable Somerville location, this property presents an exceptional opportunity for investors, owner-occupants, or buyers seeking a versatile multi-family residence.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
3%
Price Range

Property Timeline

📋
Status: Active under contract
Sep 11, 2026
Active → Active Under Contract
⏳
Pending Sale
Sep 11, 2026
Offer accepted, sale pending
↓
Price Reduced
Aug 17, 2026
$1,395,000 $42,500 (-2.96%)
From $1,437,500 to $1,395,000 (-3.0%)
🏠
Listed for Sale
Jun 24, 2026
$1,395,000
Original listing
Agent: Mario Capone Office: Cambridge Realty Group, Inc.
🏠
Listed for Sale
Jun 24, 2026
$1,437,500
Original listing
Agent: Mario Capone Office: Cambridge Realty Group, Inc.

Tax History

Year Taxes Assessment
2026 $15,505 $1,412,100

Financial Details

Annual Property Tax
$15,505
Tax Year 2026
Assessed Value
$1,412,100

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 3,335 sq ft
Lot Size 0.10 acres
Stories 4
Bedrooms 5
Full Baths 2
Total Rooms 11

Investment Metrics

Units 2
Unit 1 Rent $2,900/mo · Y
Unit 2 Rent $4,000/mo · Y
Total Monthly Rent $6,900/mo
Gross Income $82,800
Net Operating Income $82,800
Cap Rate 5.94%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Unfinished
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Enclosed, Deck, Patio
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $15,505
Assessed Value $1,412,100
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures All Information Provided Is Deemed Reliable But Is Not Guaranteed And Should Be Independently Verified. The Seller And Seller’s Agent Assume No Responsibility For The Accuracy Or Completeness Of The Information Contained In This Listing. Buyer And Buyers Agent To Do Their Own Due Diligence.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 49 days

Property Overview

Property Type
Multi Family
Listing Type
Sale Pending
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
3,335 sq ft
Total Rooms
11
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 4

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Enclosed, Deck, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 4
Parking Features: Paved Drive, Off 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
Tufts Educational Day Care Center
0.3 mi
Grades PK-K
International School of Boston
0.4 mi
Grades PK-K
Lycee International de Boston/International School of Boston, Inc.
0.4 mi
Grades 01-12
M

Middle Schools

3 schools
A
Rindge Avenue Upper School
0.8 mi | #66 of 352 | Score: 54.0
Dropped 1 spots from last year
-4.2 below state avg
278 students Diverse
Diverse Student Body Strong Attendance
Grades 06-08
A+
Gibbs School
1.1 mi | #32 of 352 | Score: 59.9
Improved 7 spots from last year
+1.7 above state avg
480 students Diverse
Strong Attendance
Grades 06
B+
Madeleine Dugger Andrews Middle School
1.5 mi | #132 of 352 | Score: 45.9
Improved 28 spots from last year
-12.3 below state avg
438 students Diverse
Rising School
Grades 06-08
H

High Schools

2 schools
Curtis-Tufts School
0.9 mi
18 students Very Diverse
Diverse Student Body
Grades 09-12
Arlington Catholic High School
1.5 mi
17 sports • 1,412 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Calculator

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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
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,292
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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+0.5% 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

Teele Square

82 Electric Ave, Somerville MA 02144

Somerville, MA 02144

Listing Information

Listing Agent Mario Capone
Listing Office Cambridge Realty Group, Inc.
Office Phone 617-661-6600
Agent MLS ID CN258255
Office MLS ID AC1762
Listing Data Updated Sep 23, 2026 4:16 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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