82 Electric Ave
$1,437,500
5
Beds
2
Baths
3,335
Sqft
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$1,437,500
5
Beds
2
Baths
3,335
Living Area
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Property Description
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.A strong investment opportunity, both units are leased through 8/31/2026 and generate $6,900 per month in gross rental income. Current tenants have expressed interest in remaining, providing potential for continued occupancy and stable cash flow. Combining classic character, generous living space, and reliable rental income, this property presents an exceptional opportunity in one of Somerville's most desirable neighborhoods.
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Highlights
- Area: Teele Square
- Parking Spots: 4
- Property Type: Multi Family
- Total Rooms: 11
- Status: Active
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
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Additional Details
- Basement: Full, Unfinished
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Nr
- Foundation: Other
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 2
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,412,100
- Taxes: $15,505
- Tax Year: 2026
- Total Rent: $6,900
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Listing information provided courtesy of Cambridge Realty Group, Inc..
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