Active Under Contract
80 Days on market
82 Electric Ave Somerville — Photo 1 of 41

82 Electric Ave Somerville — Photo 1 of 41

Recent Drop: $42,500

$1,437,500
$1,395,000

$1,395,000

Investment Analysis — 82 Electric Ave

Somerville, MA 02144 — Teele Square

Based on rent reported on the MLS listing, a 2-unit multi-family in 02144 carries $6,900/mo in gross rent — about a 3.40% cap rate and $47,423/yr in estimated NOI at the $1,395,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2

SqFt

3,335

Style

Multi Family

Built

1900

Presenting a distinguished two-family residence at 82 Electric Ave in Somerville. Built in 1900, this well-maintained property offers 3,335 square feet of living space on a 4,172 square foot lot and features a total of 5 bedrooms, 2 full bathrooms, and a 2-car garage.Combining classic character, generous living space, and a highly desirable Somerville location, this property presents an exceptional opportunity for investors, owner-occupants, or buyers seeking a versatile multi-family residence.

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 MLS and other third-party data may be inaccurate or out of date.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$1,437,500
Annual Taxes$15,505

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms11
FireplacesNone
Flooring--
BasementFull, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
ZoningNR

Property & Lot

Acres0.1
SqFt Lot4,172
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Bike Path

Geography

Property History

Price Drop
$1,395,000

Was $1,437,500

Aug 17, 2026

MLS® 73540824

Listed
$1,437,500

Jun 24, 2026

MLS® 73540824

Listing Provided By

Listing Agent: Mario Capone

Listing Office: Cambridge Realty Group, Inc.

MLS® Number: 73540824