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For sale
  • $3,900,000

    55 Elm St, Somerville, MA 02144

    4beds
    2,426sqft
    : 
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    3 Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $1,608/sqft
    $-- HOA

    What's special

    Two commercial storefrontsDriveway and yardThree-unit multifamily residence
    Rare mixed-use opportunity at one of Somerville’s most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.
    17 days
    |
    305
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David Lilley 617-290-5868,

    RE/MAX Real Estate Center 617-576-3800

    Source: MLS PIN,MLS#: 73536182

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Flooring: Vinyl, Hardwood
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,426
      • Total interior livable area: 2,426 sqft
      • Finished area above ground: 2,426

      Property

      Parking
      • Total spaces: 2
      • Parking features: Off Street
      • Uncovered spaces: 2
      Lot
      • Size: 4,043 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: M:31 B:A L:11A,4271696
      • Zoning: NR

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 3 Family
      Materials
      • Frame
      • Foundation: Stone
      • Roof: Shingle,Rubber
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: for Gas Range

      Community & HOA

      Community
      • Features: Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station, University
      Location
      • Region: Somerville

      Financial & listing details

      • Price per square foot: $1,608/sqft
      • Tax assessed value: $1,547,300
      • Annual tax amount: $16,881
      • Date on market: 6/15/2026
      • Total actual rent: 0

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,129/mo

        Price history

        DateEventPrice
        6/15/2026Listed for sale$3,900,000$1,608/sqft
        Source: MLS PIN #73536182 Report a problem
        2/19/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        2/10/2021Listed for rent$2,200+18.9%$1/sqft
        Source: Zillow Rental Manager Report a problem
        4/8/2014Listing removed$1,850$1/sqft
        Source: Zillow Rental Network Report a problem
        1/30/2014Listed for rent$1,850$1/sqft
        Source: Zillow Rental Network Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $1,547,300 +3.5%
        2024-- $1,495,100 +5.7%
        2023-- $1,414,900 +6.3%
        2022-- $1,330,500 +6.9%
        2021-- $1,244,700 +5.8%
        2020-- $1,176,500 +7.4%
        2019-- $1,095,300 +11.6%
        2018-- $981,300 +10.4%
        2017-- $888,500 +10.8%
        2016-- $801,900

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Porter Square

        Getting around

        96 / 100
        Walker's Paradise
        82 / 100
        Excellent Transit
        92 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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