Active Under Contract
24 Days on market
43 Harrison Street Somerville — Photo 1 of 41

43 Harrison Street Somerville — Photo 1 of 41

$1,475,000

Investment Analysis — 43 Harrison Street

Somerville, MA 02143

Based on rent reported on the MLS listing, a 2-unit multi-family in 02143 carries $3,800/mo in gross rent — about a 1.46% cap rate and $21,511/yr in estimated NOI at the $1,475,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

3

SqFt

3,141

Style

2 Family - 2 Units Up/Down

Built

1890

Two-family home, complete with additional living space in the finished basement, offers the perfect blend of comfort and flexibility. Whether you're looking for a home with rental income, room for extended family, or a great investment opportunity, this property has so much to offer. The first-floor unit has been completely renovated from top to bottom and is truly move-in ready. You'll find beautiful hardwood floors throughout, recessed lighting, gorgeous cabinetry, upgraded countertops, and stainless-steel appliances, including an induction cooktop. The full bathroom features a tiled tub and shower. Custom window blinds add a finishing touch and make this space feel warm and complete. The basement has been fully finished and offers a bedroom, kitchenette, full bathroom, and laundry area. It's a great space for family, guests, or anyone looking for a little extra privacy. The second unit occupies the second and third floors and features four bedrooms, one full bathroom, hardwood floors in the living room and kitchen, plus an additional laundry room. Outside, you'll appreciate the off-street parking for approximately two or three cars, a custom-built shed with electricity, OTO smart sprinkler system, and patio with string lights. This is one of those properties that offers more than just square footage—it offers options. With multiple living spaces, thoughtful updates, and a great outdoor setup, this home is ready for its next chapter. Come see all that it has to offer!

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

Original Price$1,475,000
Annual Taxes$13,145

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms12
FireplacesNone
FlooringWood, Tile, Vinyl, Concrete, Varies, Hardwood
BasementFull, Finished, Walk-Out Access, Interior Entry, Sump Pump, Concrete

Climate & Utilities

HeatingForced Air, Radiant, Baseboard
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBrick/Mortar
ZoningNR

Property & Lot

Acres0.07
SqFt Lot2,849
Lot FeaturesLevel

Amenities & Appliances

Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Laundromat • House of Worship • T-Station

Geography

Listing Provided By

Listing Agent: Jessica Mirabella

Listing Office: Coldwell Banker Realty - Lexington

MLS® Number: 73565570