Updated Porter/Davis Square three family is a rarely available investment opportunity. This updated cash cow 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 rents. Three 2 br/1 ba apartments with tandem parking for 3 cars. Recent updates include new siding, new back decks, updated kitchens and bathrooms. Fully leased @ over $10,000/m from 9/1/23-8/31/24. A rare opportunity to be added to a savvy investor's portfolio.
Sold for $1,734,000
$1,734,000
282 Summer St, Somerville, MA 02144
6beds
3,484sqft
3 Family
Built in 1875
-- sqft lot
$1,761,500 Zestimate®
$498/sqft
$3,566 Estimated rent
Home value
$1,761,500
$1.62M - $1.92M
$3,566/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Charles Ball 617-893-2100,
Berkshire Hathaway HomeServices Commonwealth Real Estate 617-666-2121
Bought with:
Denman Drapkin Group
Compass
Source: MLS PIN,MLS#: 73127334
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,484
- Total interior livable area: 3,484 sqft
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 2
Features
- Patio & porch: Porch
Lot
- Size: 4,100 sqft
- Features: Corner Lot
Details
- Parcel number: M:30 B:D L:4,751635
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle,Rubber
Condition
- Year built: 1875
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 10395
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Listing removed | $3,570$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/27/2026 | Listed for rent | $3,570+3.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/14/2023 | Sold | $1,734,000-3.7%$498/sqft |
Source: MLS PIN #73127334 Report a problem | ||
| 10/26/2023 | Contingent | $1,799,900$517/sqft |
Source: MLS PIN #73127334 Report a problem | ||
| 10/5/2023 | Price change | $1,799,900-5.3%$517/sqft |
Source: MLS PIN #73127334 Report a problem | ||
| 6/21/2023 | Listed for sale | $1,900,000+216.7%$545/sqft |
Source: MLS PIN #73127334 Report a problem | ||
| 4/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/2/2023 | Price change | $3,450+68.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/4/2023 | Listed for rent | $2,050-31.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/7/2022 | Listing removed | -- |
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| 3/14/2022 | Price change | $2,995+5.1%$1/sqft |
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| 3/6/2022 | Listed for rent | $2,850+7.5%$1/sqft |
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| 5/28/2021 | Listing removed | -- |
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| 5/14/2021 | Price change | $2,650-7%$1/sqft |
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| 5/1/2021 | Price change | $2,850-3.4%$1/sqft |
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| 4/27/2021 | Listed for rent | $2,950+3.5%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 4/2/2020 | Listing removed | $2,850$1/sqft |
Source: Apartment Rental Experts Report a problem | ||
| 3/7/2020 | Listed for rent | $2,850+14%$1/sqft |
Source: 1983 Report a problem | ||
| 5/11/2017 | Listing removed | $2,500$1/sqft |
Source: Rent Source LLC Report a problem | ||
| 5/8/2017 | Price change | $2,500-10.7%$1/sqft |
Source: Rent Source LLC Report a problem | ||
| 2/23/2017 | Price change | $2,800+16.7%$1/sqft |
Source: Rent Source LLC Report a problem | ||
| 2/21/2017 | Listed for rent | $2,400-11.1%$1/sqft |
Source: Century 21 Commonwealth Report a problem | ||
| 3/7/2016 | Listing removed | $2,700$1/sqft |
Source: Apartment Rental Experts Report a problem | ||
| 3/1/2016 | Listed for rent | $2,700$1/sqft |
Source: Apartment Rental Experts Report a problem | ||
| 12/12/2005 | Sold | $600,000$172/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,315 +25.6% | $1,587,100 +21.1% |
| 2024 | $13,788 +2.2% | $1,310,600 +0.5% |
| 2023 | $13,486 +5.3% | $1,304,300 +3.7% |
| 2022 | $12,803 +9.5% | $1,257,700 +9.6% |
| 2021 | $11,694 +6.7% | $1,147,600 +5.6% |
| 2020 | $10,964 +8.4% | $1,086,600 +15.6% |
| 2019 | $10,118 +8.9% | $940,300 +14.4% |
| 2018 | $9,293 +1.4% | $821,700 +4.6% |
| 2017 | $9,166 +6.2% | $785,400 +14% |
| 2016 | $8,632 | $688,900 |
Find assessor info on the county website
Neighborhood: Porter Square
Nearby schools
GreatSchools rating
- 8/10John F. Kennedy Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 6/10Somerville High SchoolGrades: 9-12Distance: 1 mi
- 8/10Benjamin G. Brown SchoolGrades: K-5Distance: 0.4 mi
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Estimated market value
$1,761,500
Get a cash offer in 3 minutes
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Estimated market value
$1,761,500
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