HomeSomerville2 Family - 2 Units Up/Down283 Alewife Brook Pkwy, Somerville MA 02144
283 Alewife Brook Pkwy, Somerville MA 02144 — photo 1 of 361 / 36
$1,298,000
283 Alewife Brook Pkwy, Somerville MA 02144
2 units · 4 bd · 2 ba · 2,458 sqft · $649,000/unit
📊 Analyze this deal

INVESTMENT SNAPSHOT

Signal Score pending — we haven't seeded market rents for this ZIP (02144) yet.

About this property

TURNKEY SOMERVILLE TWO-FAMILY – PRIME LOCATION! Directly across from Dilboy Field and minutes to Tufts University, this well-maintained two-family offers 2,458 SF of living space and 4+ bedrooms, making it an excellent opportunity for investors or owner-occupants. Both units feature updated kitchens, beautiful hardwood floors, abundant natural light, spacious living and dining areas, and private/enclosed porch space. Additional features include basement laundry, off-street/driveway parking, and a shared backyard. Enjoy convenient access to the Alewife Greenway, Mystic River Parkway, Davis Square, Cambridge, Arlington, and Boston. Both units are currently leased, offering immediate rental income from day one. A rare opportunity in a highly desirable Somerville location!

Property details

Units2
Living area2,458 sqft
Lot size4,465 sqft
Year built1920
Price / sqft$528
CountyMiddlesex
MLS #73581042

Listing status

Days on market0 days
Listed onSeptember 23, 2026

Taxes & financials

Annual property tax$11,539
Tax year2025
Assessed value$1,050,900
ZoningNR
Gross income (actual)$31,200/yr
Net operating income (actual)$31,200/yr
Total actual rent$2,600/mo

Building & lot

Stories2
Total rooms10
Lot size0.1 acres
Garage spaces2
Parking spaces4
ParkingPaved Drive
BasementFull
FoundationConcrete Perimeter
RoofShingle
ConstructionFrame
FlooringHardwood

Utilities & systems

SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Range, for Electric Oven, for Electric Dryer

Location

More about investing in Somerville

Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.

Interested in this one?

By submitting you agree to be contacted about your home search. No spam.

Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 283 Alewife Brook Pkwy, Somerville MA 02144 have?

It is a 2-unit multi-family property with 2,458 sqft of living area, built in 1920.

How long has 283 Alewife Brook Pkwy, Somerville MA 02144 been on the market?

283 Alewife Brook Pkwy, Somerville MA 02144 has been listed for 0 days (since September 23, 2026).

What is the price per unit?

At a list price of $1,298,000 across 2 units, that works out to roughly $649,000 per unit.

What are the property taxes on 283 Alewife Brook Pkwy, Somerville MA 02144?

Annual property taxes are $11,539 (2025), on an assessed value of $1,050,900.

What is the price per square foot?

At $1,298,000 for 2,458 sqft, that's about $528 per square foot.

Is there parking?

2 garage spaces and 4 total parking spaces (paved drive).

Where is this property located?

283 Alewife Brook Pkwy, Somerville MA 02144 is in Somerville, Middlesex County, MA 02144.

Similar multi-families

Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
Signal Real EstateLinkedInZillowFacebook