$985,000
5
Beds
3
Baths
2,434
Living Area
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Property Description
Calling all Investors, developers, and savvy owner-occupied buyers looking to build quick equity! Rare opportunity to own a multifamily property with tremendous potential in one of Somerville’s desirable locations. Situated on a generous lot, this property offers a unique chance to add incredible value. The home is in need of updates, providing the perfect canvas to bring your vision to life and customize the space to your needs. Located on Medford Street with convenient access to Assembly Row, Union Square, Tufts University, public transportation, and parks. The first unit features 2 beds/1 bath and is move-in ready with the opportunity for cosmetic updates. The second unit offers spacious 2 level living with 3 beds/2 baths, providing ample space and flexibility for renovation and added value. Whether you’re looking to expand your portfolio, complete a renovation project, or create your ideal multi-family residence, this property presents an exciting opportunity in a prime location.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Parking Spots: 2
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 13
- Status: Closed
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Additional Details
- Basement: Full
- Exterior Features: Rain Gutters
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Construction: Frame
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Nr
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,004,900
- Taxes: $11,034
- Tax Year: 2026
- Total Rent: $1,800
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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 Denkar Realty Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.