Active
2 Days on market
48 Irving Street Somerville — Photo 1 of 38

48 Irving Street Somerville — Photo 1 of 38

$1,850,000

48 Irving Street, Somerville, MA 02144

Somerville, MA 02144 — Davis Square

Investor Analysis

Beds

5

Baths

4

SqFt

2,538

Style

3 Family

Built

1900

PRIME DAVIS SQUARE / TUFTS LOCATION WITH GARAGE AND PARKING! This well-maintained three-family home is ideally situated between Davis Square and Tufts University. Offering an attractive mix of unit sizes, renovated interiors, abundant parking, and private outdoor space, this property is an excellent choice for an investor, owner-occupant, or multi-generational buyer. The property features three renovated units, including a studio, a one-bedroom apartment, and a spacious three/four-bedroom unit, perfect for an owner occupant seeking additional income. All three units have been renovated within the past five years and feature beautiful hardwood flooring, full tile bathrooms, and separate heating and cooling systems paid by the tenants. Each unit also offers dedicated parking in the double wide driveway, and the three-car garage, can provide additional owner parking, storage, or additional income for the new owner. Outdoor living is another highlight, with private outdoor space for each individual unit and a shared, fenced-in patio that provides a wonderful space for relaxing, entertaining, or enjoying the outdoors. Located just minutes from Davis Square, Tufts University, public transportation, restaurants, shops, and neighborhood amenities, this property combines location, flexibility, and income potential in one outstanding package. A rare opportunity to own a turnkey three-family in the heart of the Davis Square/Tufts University area.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$729/sqft
Local Avg (Somerville)$549/sqft
33% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.

Property Details

Financials

Original Price$1,850,000
Annual Taxes$15,588

Parking

Garage3
Off-Street9

Interior Specifications

Total Rooms11
FireplacesNone
FlooringWood, Tile
BasementFull, Bulkhead, Unfinished

Climate & Utilities

HeatingDuctless, Central, Electric
CoolingDuctless, Central Air, Heat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningNR

Property & Lot

Acres0.1
SqFt Lot4,356
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Geography

Population

25,448

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$150K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: David P. Veo

Listing Office: Freedom Realty Advisors

MLS® Number: 73575260

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