1 / 12
INVESTMENT SNAPSHOT
About this property
Fantastic opportunity to purchase a six-family property in Somerville's highly sought-after Spring Hill neighborhood, near to Porter Square Red Line and just blocks from the Gilman Square Green Line and Bike Path, making it a commuter's dream. The property consists of six units—two studios and four two-bedroom (some can be utilized as three bedroom or three bedroom plus!) apartments—and features an enormous backyard and a large basement with ample storage. Extremely well kept and clean building with enormous upside potential for rent. The two studio units have been recently renovated, while Units 1–3 have been tastefully updated and maintained. Unit 4 is currently vacant, presenting an excellent opportunity for a new owner to renovate and increase rental income. With a well-balanced layout of three units on each side, this is a rare value-add investment opportunity in one of Somerville's most desirable locations. Please see broker for balance of photos and videos of each unit.
Property details
| Units | 6 |
| Living area | 5,051 sqft |
| Lot size | 5,600 sqft |
| Year built | 1928 |
| Price / sqft | $480 |
| County | Middlesex |
| MLS # | 73552553 |
Location
More about investing in Somerville →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 38 Berkeley Street, Somerville MA 02143 have?
It is a 6-unit multi-family property with 5,051 sqft of living area, built in 1928.
What is the price per unit?
At a list price of $2,450,000 across 6 units, that works out to roughly $408,333 per unit.
What is the price per square foot?
At $2,450,000 for 5,051 sqft, that's about $480 per square foot.
Where is this property located?
38 Berkeley Street, Somerville MA 02143 is in Somerville, Middlesex County, MA 02143.
Similar multi-families
◆ 94
◆ 60
