Massive Porter/Davis Square triple decker is a rarely available investment opportunity. This updated blue chip asset 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 rental production. Each unit has over 1300 sf with one 3br/1.5ba apartment and 2 4br/1.5ba units, plus assigned ample parking for 6 cars in back. Recent updates include new siding, new back decks, updated kitchens and bathrooms. Fully leased @ almost $14,000/m from 9/1/23-8/31/24. A rare opportunity to start or bolster the savvy investor's portfolio.
Sold for $2,300,000
$2,300,000
40 Cherry St, Somerville, MA 02144
11beds
4,003sqft
3 Family
Built in 1920
-- sqft lot
$2,371,400 Zestimate®
$575/sqft
$5,538 Estimated rent
Home value
$2,371,400
$2.16M - $2.58M
$5,538/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:
Mo Asgarzadeh
Media Realty LLC
Source: MLS PIN,MLS#: 73127326
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 4,003
- Total interior livable area: 4,003 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Shared Driveway, Off Street
- Uncovered spaces: 6
Lot
- Size: 5,165 sqft
Details
- Parcel number: M:30 B:D L:5,751636
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Rubber
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 13350
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2025 | Listing removed | $4,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/28/2025 | Listed for rent | $4,800+11.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/26/2025 | Listing removed | $4,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2025 | Listed for rent | $4,300-9.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/5/2023 | Sold | $2,300,000$575/sqft |
Source: MLS PIN #73127326 Report a problem | ||
| 8/30/2023 | Contingent | $2,300,000$575/sqft |
Source: MLS PIN #73127326 Report a problem | ||
| 6/21/2023 | Listed for sale | $2,300,000+24.3%$575/sqft |
Source: MLS PIN #73127326 Report a problem | ||
| 4/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/4/2023 | Listed for rent | $4,750+8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/17/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/14/2022 | Listed for rent | $4,400+10.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/13/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 5/5/2021 | Listed for rent | $3,995+17.5%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 5/18/2020 | Listing removed | $3,400$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/1/2020 | Listed for rent | $3,400-5.6%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/18/2020 | Listing removed | $3,600$1/sqft |
Source: Jacob Realty Report a problem | ||
| 3/7/2020 | Listed for rent | $3,600-14.3%$1/sqft |
Source: Rent Source LLC Report a problem | ||
| 8/29/2019 | Listing removed | $4,200$1/sqft |
Source: Rise Realty, LLC Report a problem | ||
| 8/15/2019 | Price change | $4,200+23.5%$1/sqft |
Source: Rise Realty, LLC Report a problem | ||
| 7/24/2019 | Price change | $3,400-14.9%$1/sqft |
Source: Jacob Realty Report a problem | ||
| 6/25/2019 | Price change | $3,995-2.6%$1/sqft |
Source: Cambridge Premier Realty Report a problem | ||
| 6/13/2019 | Price change | $4,100+20.6%$1/sqft |
Source: Cambridge Premier Realty Report a problem | ||
| 4/11/2019 | Listed for rent | $3,400+3%$1/sqft |
Source: Jacob Realty Report a problem | ||
| 7/8/2018 | Listing removed | $3,300$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/6/2018 | Listed for rent | $3,300$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/14/2018 | Sold | $1,850,000$462/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,774 +15.6% | $2,087,400 +11.4% |
| 2024 | $19,704 +3.8% | $1,873,000 +2% |
| 2023 | $18,979 +4.9% | $1,835,500 +3.2% |
| 2022 | $18,099 +4.1% | $1,777,900 +4.2% |
| 2021 | $17,381 +5.5% | $1,705,700 +4.5% |
| 2020 | $16,471 +19.6% | $1,632,400 +27.5% |
| 2019 | $13,774 +16.6% | $1,280,100 +22.5% |
| 2018 | $11,817 +2.4% | $1,044,800 +5.7% |
| 2017 | $11,538 +14.6% | $988,700 +23.1% |
| 2016 | $10,065 | $803,300 |
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: 1.1 mi
- 8/10Benjamin G. Brown SchoolGrades: K-5Distance: 0.4 mi
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Estimated market value
$2,371,400
Get a cash offer in 3 minutes
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Estimated market value
$2,371,400
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