This is a prime opportunity to own an enormous, well-maintained, income-producing 3-family home located just one block from Porter Square, right on the Cambridge/Somerville line, providing immediate access to Harvard Square, Davis Square, Kendall Square/MIT, and downtown Boston. Porter Square, with its convenient supermarket, gyms, shops, and restaurants, is literally at your doorstep. Ideally situated at the intersection of Somerville Avenue and Beacon Street, this location provides easy access to all of Cambridge and beyond. Whether you're seeking a strong investment, future condo conversion, or multigenerational living, this property checks all the boxes. All three units feature spacious living rooms, three equally sized bedrooms, modern baths, and sunny eat-in kitchens with dishwashers and pantries. The apartments are generously sized and include hardwood floors, replacement windows, coin-operated laundry, and private storage in the basement. Each unit also features a large private side porch, while the 2nd and 3rd fl. units enjoy an additional front deck, creating a true urban retreat. With separately metered utilities, this property is easy and economical to operate. Additional highlights include a small yard, a two-bay garage, and parking for six cars. It's rare to find a large three-family with a garage and this much parking so close to Porter Square! There is also potential to expand into the full basement, offering the opportunity to increase value or income. You and your tenants will love this exceptional location, with unbeatable access to world-class universities, highly acclaimed restaurants, neighborhood cafés, and vibrant local shops. A rare chance to own in one of the area's most coveted, walkable neighborhoods, where timeless charm meets modern convenience. Don't miss this exceptional offering. This is the one you've been waiting for. Gross income, including parking income is 144,720 a year. This is the perfect turnkey investment opportunity
Pending
$1,999,900
757 Somerville Ave, Somerville, MA 02143
9beds
3,774sqft
3 Family
Built in 1910
-- sqft lot
$1,938,500 Zestimate®
$530/sqft
$-- HOA
What's special
- 47 days
- 27
- 0
Zillow last checked:
Listing updated:
Listed by:
David Lilley 617-290-5868,
RE/MAX Real Estate Center 617-576-3800
Source: MLS PIN,MLS#: 73553463
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Steam, Natural Gas
Appliances
- Included: Range, Dishwasher, Refrigerator
Features
- Pantry, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen
- Flooring: Tile, Vinyl, Hardwood
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Sump Pump,Concrete
- Has fireplace: No
Interior area
- Total structure area: 3,774
- Total interior livable area: 3,774 sqft
- Finished area above ground: 3,774
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Common, Paved
- Garage spaces: 2
- Uncovered spaces: 6
Features
- Patio & porch: Porch
- Exterior features: Balcony/Deck
Lot
- Size: 3,994 Square Feet
- Features: Level
Details
- Parcel number: M:0037 B:000A L:0027,752784
- Zoning: NR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Rubber
Condition
- Year built: 1910
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, T-Station, University
Location
- Region: Somerville
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $1,823,200
- Annual tax amount: $20,019
- Date on market: 8/25/2026
- Total actual rent: 12060
Estimated market value
$1,938,500
$1.84M - $2.04M
$4,233/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Pending sale | $1,999,900$530/sqft |
Source: MLS PIN #73553463 Report a problem | ||
| 7/22/2026 | Listed for sale | $1,999,900$530/sqft |
Source: MLS PIN #73553463 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,500 +6.3% | $1,695,700 +2.5% |
| 2024 | $17,396 -0.2% | $1,653,600 -1.9% |
| 2023 | $17,436 +4.9% | $1,686,300 +3.2% |
| 2022 | $16,627 +2.3% | $1,633,300 +2.4% |
| 2021 | $16,255 +1% | $1,595,200 0% |
| 2020 | $16,101 +5.1% | $1,595,700 +12.1% |
| 2019 | $15,321 +17% | $1,423,900 +23% |
| 2018 | $13,094 +12% | $1,157,700 +15.5% |
| 2017 | $11,696 +5.7% | $1,002,200 +13.5% |
| 2016 | $11,066 | $883,200 |
Find assessor info on the county website
Monthly payment
Est. payment







