EXCLUSIVE OPPORTUNITY AT 13 WARWICK STREET: A newly built 28-unit rental property in Somerville’s prime Spring Hill neighborhood—just 15 minutes from downtown Boston and close to Davis Square. Developed by SMT Development and Prominent Builders, who have completed 100+ projects in Somerville, the building offers condo-quality finishes and a unit mix of 10 studios, 2 one-bedrooms, 13 two-bedrooms, and 2 three-bedrooms, including 23 market-rate and 5 affordable units. Additional highlights include 11 garage parking spaces, a projected rent roll of $91,500 per month, and annual income potential of $1.1M. Located just a 5-minute walk to the Green Line T stop, the property will be delivered 100% complete with a certificate of occupancy expected in February 2026. CALL FOR OFFERS: December 15th. Construction plans are available in the MLS documents; financials are available upon request.
— MLSPIN #: 73458059Map of 13 Warwick Street, Somerville, MA 02144
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| List Price: | $16,500,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73458059 |
| Town: | Somerville |
| Neighborhood: | Spring Hill |
| County: | Middlesex |
| Zip: | 02144 |
| Property Type: | Residential Income |
| Property Sub Type: | 5+ Family - 5+ Units Up/Down |
| Bedrooms: | 44 |
| Full Baths: | 40 |
| Living Area: | 26,718 sqft |
| Acres: | 0.24 |
| Taxes: | 1 |
| Parking Features: | Paved Drive |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 2026 |
| Directions: | Google Maps |
| Foundation Details: | Concrete Perimeter |
| Listing Contract Date: | 2025-11-28 |
| Garage?: | Yes |
| Lot Size Area: | 0.24 |
| Lot Size Square Feet: | 10,277 |
| Rooms Total: | 99 |
| Bathrooms Total Integer: | 40 |
| Building Area Source: | Other |
| Building Area Total: | 26,718 |
| Levels: | 4 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 28 |
| Open Parking?: | Yes |
| Parcel Number: | 752045 |
| Sewer: | Public Sewer |
| Zoning: | 1 |
| Covered Spaces: | 11 |
| Garage Spaces: | 11 |
| Stories Total: | 4 |
| Year Built Source: | Builder |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $1,100,000 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 4 |
| Flrs 2: | 4 |
| Lead Paint: | None |
| Lease 1: | No |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $617.56 |
| Page: | 1 |
| Price Per Sqft: | $617.56 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $850,000 |
| Original List Price: | $16,500,000 |
| Parking Total: | 22 |
| Tax Assessed Value: | $1 |
| Tax Year: | 2025 |
| Total Actual Rent: | $9,000 |
| Year Built Details: | Actual |
| Bedrms 1: | 2 |
| Bedrms 2: | 2 |
| F Bths 1: | 2 |
| F Bths 2: | 2 |
| Rent1: | 4,500 |
| Rent2: | 4,500 |
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on December 15, 2025 12:10 AM
Property Last Updated: December 02, 2025 03:06 AM
Listing Courtesy of: Fortune RE
Listing Agent: Ryan Taylor
