26-28 Boston Avenue Somerville — Photo 1 of 21
$1,250,000
Investment Analysis — 26-28 Boston Avenue
Somerville, MA 02144
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02144 carries an estimated $8,460/mo in gross rent — about a 5.14% cap rate and $64,222/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2.5
SqFt
3,000
Style
2 Family - 2 Units Up/Down
Built
1900
This is an excellent opportunity to own a multifamily property in a highly desirable Somerville location, just minutes to Ball Square Green Line Station, restaurants, the Somerville Community path and Davis Square. This 2 unit property offers exceptional opportunity for investors and developers. Maintain as a strong rental investment, or with four total porches (two are enclosed on the second floor), explore future condo development possibilities. Owner occupied and will be delivered vacant.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Listing Agent: Barbara Fitzgerald
Listing Office: Coldwell Banker Realty - Andovers/Readings Regional
MLS® Number: 73572829
