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40 Cherry St

Somerville, MA 02144
$2,300,000
11 Beds
3/3 Baths
4,003 Living Area
  • Property Description
    Massive Porter/Davis Square triple decker is a rarely available investment opportunity. This updated blue chip asset is steps to both the MBTA Redline Porter and Davis Sq stops, 1.5 miles from both the Harvard/Radcliffe Quad and Tufts University, and just over 3 miles from Boston Financial District. With a WalkScore of 95, a BikeScore of 96, this property also has a long history of top rental production. Each unit has over 1300 sf with one 3br/1.5ba apartment and 2 4br/1.5ba units, plus assigned ample parking for 6 cars in back. Recent updates include new siding, new back decks, updated kitchens and bathrooms. Fully leased @ almost $14,000/m from 9/1/23-8/31/24. A rare opportunity to start or bolster the savvy investor's portfolio.
  • Highlights
    • Parking Spots: 6
    • Property Type: 3 Family
    • Year Built: 1920
    • Property Class: Residential Income
    • Total Rooms: 17
    • Status: Closed
  • Additional Details
    • Basement: Full
    • Foundation: Stone
    • Roof: Rubber
    • Year Built Details: Approximate
    • Zoning: Rb
    • Construction: Frame
    • Road Frontage Type: Public
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Parking Features: Paved Drive, Shared Driveway, Off Street
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $1,835,500
    • Compensation Based On: Net Sale Price
    • Tax Year: 2023
    • Total Rent: $13,350
    • Buyer Agent Compensation: 2.0%
    • Facilitator Compensation: 2.0%
    • Taxes: $18,979

Location

40 Cherry St, Somerville, MA 02144

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Media Realty LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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