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Off market
  • $2,969,700

    23 Cottage Ave, Somerville, MA 02144

    13beds
    4,627sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $2,969,700 Zestimate®
    $642/sqft
    $4,831 Estimated rent

    Home value

    $2,969,700

    $2.73M - $3.24M

    $4,831/mo

    Zestimate® history
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    Rent Zestimate®

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    $18,576/mo

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    What's special

    Situated in the heart of Davis Square, 23 Cottage Avenue is a stabilized (5.25% cap rate on current income), 2.5-story, Victorian-style, multi-family investment property that recently underwent an extensive renovation. The Property contains three, direct entry units made up of a 3-Bedroom/2-Bathroom duplex unit, a 4-Bedroom/2-Bathroom tri-plex unit and a 6 Bedroom/3-Bathroom, tri-plex unit. The Property also contains off-street parking and a two-car garage that can accommodate 6-tandem spaces. The completely renovated Property features all new roof, new, hardie-plank siding, new and refinished flooring, new kitchens featuring granite counter tops, new bathrooms, new boilers and hot water tanks, electrical and plumbing upgrades, a rebuilt porch, replacement windows, paint and landscaping. FIRST DAY OF TOURS THIS THURSDAY, 10/10.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Other, Gas
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 4,627 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other
    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: SOMEM26BAL6

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Somerville

    Other

    Other facts
    • Amenities: Public Transportation, Shopping, Park, Private School, Public School, T-Station, University, Other (see Remarks)
    • Basement Feature: Full, Finished, Unfinished Basement
    • Electric Feature: Circuit Breakers, Individually Metered
    • Hot Water: Natural Gas
    • Road Type: Public
    • Roof Material: Asphalt/Fiberglass Shingles
    • Ife Dscrp 2: Other (see Remarks)
    • Exterior Features: Porch
    • Rms Dscrp 1: Other (see Remarks)
    • Utility Connections: For Gas Range
    • Foundation: Other (see Remarks)
    • Lot Description: Corner
    • Mf Type: 3 Family
    • Rms Dscrp 2: Other (see Remarks)
    • Hea Dscrp 1: Other (see Remarks)
    • Hea Dscrp 2: Other (see Remarks)
    • Rms Common: Other (see Remarks)
    • Rnt Dscrp 2: Other (see Remarks)
    • Terms Feature: Other (see Remarks)
    • App Common: Other (see Remarks)
    • Ife Common: Other (see Remarks)
    • Ife Dscrp 1: Other (see Remarks)
    • Hea Common: Other (see Remarks)
    • Rms Dscrp 3: Other (see Remarks)
    • Rnt Dscrp 1: Other (see Remarks)
    • Construction: Other (see Remarks)
    • Energy Features: Other (see Remarks)
    • Flooring: Other (see Remarks)
    • Ife Dscrp 3: Other (see Remarks)
    • Exterior: Other (see Remarks)
    • Col Common: Other (see Remarks)
    • Rnt Dscrp 3: Other (see Remarks)
    • Hea Dscrp 3: Other (see Remarks)
    • App Dscrp 1: Other (see Remarks)
    • App Dscrp 2: Other (see Remarks)
    • App Dscrp 3: Other (see Remarks)
    • Col Dscrp 3: Other (see Remarks)
    • Col Dscrp 1: Other (see Remarks)
    • Col Dscrp 2: Other (see Remarks)

    Price history

    DateEventPrice
    1/15/2020Sold$2,600,000-1.9%$562/sqft
    Source: Public Record Report a problem
    11/6/2019Price change$2,650,000-1.9%$573/sqft
    Source: Horvath & Tremblay #72574496 Report a problem
    10/3/2019Listed for sale$2,700,000+86.2%$584/sqft
    Source: Horvath & Tremblay #72574496 Report a problem
    4/13/2018Listing removed$4,500$1/sqft
    Source: Rent Source LLC Report a problem
    3/16/2018Price change$4,500-25%$1/sqft
    Source: Rent Source LLC Report a problem
    3/2/2018Listed for rent$6,000+33.3%$1/sqft
    Source: Greater Metropolitan Real Estate Report a problem
    1/16/2018Listing removed$4,500$1/sqft
    Source: Popular Properties Report a problem
    1/12/2018Listed for rent$4,500+5.9%$1/sqft
    Source: Popular Properties Report a problem
    8/3/2017Listing removed$4,250$1/sqft
    Source: Rent Source LLC Report a problem
    7/7/2017Price change$4,250-3.4%$1/sqft
    Source: Rent Source LLC Report a problem
    6/26/2017Price change$4,400-4.3%$1/sqft
    Source: Rent Source LLC Report a problem
    5/2/2017Price change$4,600+39.4%$1/sqft
    Source: Rent Source LLC Report a problem
    2/15/2017Price change$3,300-8.3%$1/sqft
    Source: Cambridge Realty Group Report a problem
    2/1/2017Listed for rent$3,600$1/sqft
    Source: Rent Source LLC Report a problem
    4/15/2016Sold$1,450,000-12.1%$313/sqft
    Source: Public Record Report a problem
    1/16/2016Listed for sale$1,650,000$357/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$27,412 +6.6%$2,512,600 +2.8%
    2024$25,707 +2.3%$2,443,600 +0.6%
    2023$25,124 +4.6%$2,429,800 +3%
    2022$24,010 +25.4%$2,358,500 +25.5%
    2021$19,151 +8.2%$1,879,400 +7.1%
    2020$17,702 +2.5%$1,754,400 +9.3%
    2019$17,264 +8.8%$1,604,500 +14.4%
    2018$15,866 +13.2%$1,402,800 +16.9%
    2017$14,010 +3.6%$1,200,500 +11.2%
    2016$13,529 $1,079,700

    Find assessor info on the county website

    Neighborhood: Davis Square

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,969,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,969,700