303 Alewife Brook Pkwy Somerville — Photo 1 of 36
$999,999
Investment Analysis — 303 Alewife Brook Pkwy
Somerville, MA 02144
Based on rent reported on the MLS listing, a 2-unit multi-family in 02144 carries $6,500/mo in gross rent — about a 4.75% cap rate and $47,505/yr in estimated NOI at the $999,999 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,204
Style
2 Family - 2 Units Up/Down
Built
1920
Show and Go!!!!!Exceptional opportunity to own a well-maintained two-family in a prime Somerville location! Just minutes from Tufts University, the Alewife Greenway, parks, restaurants, shopping, public transportation, and major commuter routes, this property offers the perfect combination of convenience and investment potential. Ideal for investors seeking strong rental income or owner-occupants looking to offset their mortgage, each unit features a spacious, functional layout, separate laundry hookups, and the added convenience of off-street parking—a rare and valuable amenity in Somerville. Enjoy easy access to everything the city has to offer while benefiting from one of Greater Boston's most desirable rental markets with consistently strong demand. Whether you're expanding your investment portfolio or looking for a home with income-producing potential, this versatile property is an opportunity you won't want to miss. Schedule you appointment now this won't last!!!!!
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Medical Facility
Geography
Listing Agent: Marie White
Listing Office: LAER Realty Partners
MLS® Number: 73562642
