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Sold for $4,250,000
    • $4,250,000

    1 Beacon St, Somerville, MA 02143

    16beds
    6,812sqft
    5-9 Family
    Built in 1900
    -- sqft lot
    $3,998,600 Zestimate®
    $624/sqft
    $3,424 Estimated rent

    Home value

    $3,998,600

    $3.52M - $4.48M

    $3,424/mo

    Zestimate® history
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    $3,424/mo

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    $27,996/mo

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    $27,996/mo

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    What's special

    One Beacon, 6.70% cap rate with rental upside, is a turn-key asset exceptionally located in Somerville’s Inman Square neighborhood on the Cambridge border. The Property contains six units consisting of (4) 4-Bedroom/2-Bathroom units and two commercial units. The Property is fully leased and has undergone extensive interior unit renovations featuring condo quality finishes in the residential units including new kitchens with custom cabinets, quartz counter tops and stainless-steel appliances, updated bathrooms with new tile flooring and high-end fixtures, vinyl plank floors as well as new forced hot air and central air-conditioning systems and Navien tankless hot water systems. The commercial tenant, Trina’s Starlite Lounge and Parlor Sports (both leased by one tenant), recently extended their lease for 5-years (through August 31, 2029) and reimburse their pro-rata share of Real Estate Taxes, Insurance and Utilities. Common laundry for tenants is located on the 2nd and 3rd floor.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Pentore 781-776-4004,

    Horvath & Tremblay 781-776-4000

    Bought with:

    Siyin Qu

    eXp Realty

    Source: MLS PIN,MLS#: 73226159

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Dryer
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 6,812
    • Total interior livable area: 6,812 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street
    • Uncovered spaces: 4
    Features
    • Patio & porch: Deck
    • Exterior features: Balcony/Deck
    Lot
    • Size: 5,662 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 758571
    • Zoning: MR4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Foundation: Other
    • Roof: Rubber
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Individually Metered
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
    Location
    • Region: Somerville

    Financial & listing details

    • Price per square foot: $624/sqft
    • Tax assessed value: $2,296,900
    • Annual tax amount: $30,909
    • Date on market: 11/22/2025
    • Total actual rent: 28550

    Price history

    DateEventPrice
    7/26/2024Sold$4,250,000-3.4%$624/sqft
    Source: MLS PIN #73226159 Report a problem
    6/12/2024Price change$4,400,000-3.3%$646/sqft
    Source: MLS PIN #73226159 Report a problem
    6/5/2024Price change$4,550,000-1.1%$668/sqft
    Source: MLS PIN #73226159 Report a problem
    4/19/2024Listed for sale$4,600,000+34.3%$675/sqft
    Source: MLS PIN #73226159 Report a problem
    7/22/2019Sold$3,425,000+328.1%$503/sqft
    Source: Public Record Report a problem
    5/6/2019Listing removed$3,000
    Source: Cambridge Realty Group Report a problem
    8/8/2018Listed for rent$3,000+25%
    Source: Cambridge Realty Group Report a problem
    2/23/2018Listing removed$2,400
    Source: Cambridge Realty Group Report a problem
    10/3/2017Listed for rent$2,400
    Source: Cambridge Realty Group Report a problem
    2/3/2005Sold$800,000$117/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $2,296,900
    2024-- $2,296,900 -1.6%
    2023-- $2,333,500 -1.5%
    2022-- $2,370,100 +44.2%
    2021-- $1,643,300 +2.2%
    2020-- $1,607,600 +5.3%
    2019-- $1,526,800 +0.6%
    2018-- $1,517,900 +3.9%
    2017$13,325 $1,460,400 +11%
    2016$13,325 $1,316,100
    Find assessor info on the county website

    Neighborhood: Union Square

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,998,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,998,600

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