Amazing investment opportunity in the heart of Somerville’s coveted Inman Square, just a short walk to Harvard, Union Square, and both the Red and Green Lines. This three-family property offers over 3,700 square feet of living space across three spacious 3-bedroom, 1-bath apartments. Each unit features hardwood floors, updated kitchens with granite countertops, stainless steel appliances, and equal-size bedrooms large enough to accommodate a king bed. Tenants enjoy modern conveniences such as dishwashers and built-in microwaves, plus private outdoor space, washers and dryers in the basement, and additional storage. With proximity to Whole Foods, Star Market, and some of the area’s best dining, this property combines location, quality, and long-term rental demand, an excellent opportunity to own a premier asset in one of the strongest rental markets in the country.
— MLSPIN #: 73422216Map of 97 Beacon Street, Somerville, MA 02143
List Price: | $1,850,000 |
---|---|
Status: | Active |
MLS ID: | 73422216 |
Town: | Somerville |
County: | Middlesex |
Zip: | 02143 |
Property Type: | Residential Income |
Property Sub Type: | 3 Family |
Bedrooms: | 9 |
Full Baths: | 3 |
Living Area: | 3,759 sqft |
Acres: | 0.05 |
Taxes: | 17,179 |
Appliances: | Range, Dishwasher, Microwave, Refrigerator, Freezer |
Flooring: | Wood, Hardwood |
Heating: | Electric, Natural Gas |
Lot Features: | Other |
Status: | Active |
Water Source: | Public |
Year Built: | 1900 |
Directions: | 97 Beacon St. Somerville - GPS. |
Foundation Details: | Stone, Brick/Mortar |
Listing Contract Date: | 2025-08-26 |
Heating?: | Yes |
Lot Size Area: | 0.05 |
Lot Size Square Feet: | 2,275 |
Rooms Total: | 15 |
Bathrooms Total Integer: | 3 |
Basement: | true |
Basement: | Unfinished |
Building Area Source: | Public Records |
Building Area Total: | 3,759 |
Community Features: | Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station, University, Other |
Exterior Features: | Balcony/Deck |
Interior Features: | Pantry, Walk-In Closet(s), Bathroom With Tub & Shower, Living Room, Kitchen |
Levels: | 3 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 3 |
Parcel Number: | 757076 |
Rent Includes: | Unit 1(Water), Unit 2(Water), Unit 3(Water) |
Sewer: | Public Sewer |
Utilities: | for Gas Range |
Zoning: | 1050 |
Stories Total: | 3 |
Year Built Source: | Public Records |
Disclosures: | Sold as is. |
Farm Land Area Units: | Square Feet |
Gross Income: | $118,250 |
Listing Agreement: | Exclusive Right To Sell |
Apod Available: | No |
Disclosure: | Yes |
Dpr Flag: | No |
Flrs 1: | 1 |
Flrs 2: | 2 |
Flrs 3: | 3 |
Gre: | 28,691 |
Lead Paint: | Unknown |
Lease 1: | Yes |
Lease 2: | Yes |
Lease 3: | Yes |
Levels 1: | 1 |
Levels 2: | 1 |
Levels 3: | 1 |
Listing Alert: | No |
List Price Per Sqft: | $492.15 |
Page: | 250 |
Price Per Sqft: | $492.15 |
Square Feet Incl Base: | No |
Net Operating Income: | $89,559 |
Operating Expense: | $28,691 |
Original List Price: | $1,850,000 |
Tax Assessed Value: | $1,656,200 |
Tax Year: | 2025 |
Total Actual Rent: | $10,500 |
Year Built Details: | Approximate |
Bedrms 1: | 3 |
Bedrms 2: | 3 |
Bedrms 3: | 3 |
F Bths 1: | 1 |
F Bths 2: | 1 |
F Bths 3: | 1 |
Hot Water: | Natural Gas |
Rent1: | 3,500 |
Rent2: | 3,500 |
Rent3: | 3,500 |
Disclaimer:
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 September 16, 2025 05:26 PM
Property Last Updated: September 12, 2025 11:09 AM
Listing Courtesy of: Kozak
Listing Agent: Kozak Rittmann Team