This newly constructed mixed-use asset located at 379 Somerville Ave in the heart of Somerville’s Union Square neighborhood. The 5-story elevator building boasts over 13,000 square feet of space and features ten thoughtfully designed apartment units and one retail space. Its prime location, just steps from the MBTA Green Line, makes it highly accessible to nearby educational institutions like Harvard, MIT, and Tufts.Benefiting from the neighborhood’s rapid growth and increased foot traffic from US2’s 15 million SF, $2 billion development project, this propertypresents a unique blend of residential and commercial potential. With its modern design, prime location, and proximity to renowned educational institutions,this asset offers an attractive investment for those seeking to capitalize on the thriving Somerville market.
— MLSPIN #: 73456926Map of 379 Somerville Ave, Somerville, MA 02143
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| List Price: | $6,700,000 |
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| Status: | Active |
| MLS ID: | 73456926 |
| Town: | Somerville |
| Neighborhood: | Union Square |
| County: | Middlesex |
| Zip: | 02143 |
| Property Type: | Residential Income |
| Property Sub Type: | 5-9 Family |
| Bedrooms: | 15 |
| Full Baths: | 12 |
| Living Area: | 13,628 sqft |
| Acres: | 0.08 |
| Taxes: | 38,740 |
| Lot Features: | Other |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 2025 |
| Directions: | Union Square to Somerville Ave West |
| Foundation Details: | Block |
| Postal Code Plus4: | 2914 |
| Listing Contract Date: | 2025-11-20 |
| Lot Size Area: | 0.08 |
| Lot Size Square Feet: | 3,487 |
| Rooms Total: | 38 |
| Bathrooms Total Integer: | 12 |
| Building Area Source: | Owner |
| Building Area Total: | 13,628 |
| Community Features: | Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University |
| Levels: | 5 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 11 |
| Parcel Number: | M:63 B:C L:34, 756802 |
| Sewer: | Public Sewer |
| Zoning: | CBD |
| Stories Total: | 5 |
| Year Built Source: | Public Records |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner, Pro. Forma Available |
| Gross Income: | $484,044 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Certificate Number: | 000000111351 |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 2 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Flrs 4: | 3 |
| Gre: | 111,467 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Lease 4: | Yes |
| Levels 1: | 1 |
| Levels 2: | 2 |
| Levels 3: | 1 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $491.63 |
| Page: | 196 |
| Price Per Sqft: | $491.63 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $348,374 |
| Operating Expense: | $111,467 |
| Original List Price: | $6,700,000 |
| Tax Assessed Value: | $3,550,900 |
| Tax Year: | 2025 |
| Total Actual Rent: | $11,050 |
| Year Built Details: | Actual |
| Bedrms 1: | 1 |
| Bedrms 2: | 2 |
| Bedrms 3: | 1 |
| Bedrms 4: | 1 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Rent1: | 2,550 |
| Rent2: | 3,200 |
| Rent3: | 2,550 |
| Rent4: | 2,750 |
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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 03, 2025 03:36 PM
Listing Courtesy of: Kendin Carr
Listing Agent: Kendin Carr
