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INVESTMENT SNAPSHOT
About this property
Rare opportunity to own a spacious two-family home in a desirable Somerville location near Tufts University, Teele Square, and Davis Square! Unit 1 features a spacious living room, dining room, kitchen, three bedrooms, and one full bath. Unit 2 offers a living room, dining room, kitchen, four bedrooms, and one and a half baths. Both units feature generous living spaces, hardwood flooring, and in-unit laundry. Outdoor amenities include a welcoming front porch, rear deck, and off-street parking for two cars. Enjoy convenient access to Red and Green Line stations, restaurants, shopping, and entertainment. An excellent opportunity for investors or owner-occupants seeking flexible living arrangements and rental income potential in a vibrant Somerville neighborhood.
Property details
| Units | 2 |
| Living area | 3,115 sqft |
| Lot size | 3,150 sqft |
| Year built | 1900 |
| Price / sqft | $530 |
| County | Middlesex |
| MLS # | 73591504 |
Listing status
| Days on market | 0 days |
| Listed on | October 15, 2026 |
Taxes & financials
| Annual property tax | $16,028 |
| Tax year | 2026 |
| Assessed value | $1,459,700 |
| Zoning | NR |
| Gross income (actual) | $99,600/yr |
| Net operating income (actual) | $99,600/yr |
| Total actual rent | $8,300/mo |
Building & lot
| Stories | 4 |
| Total rooms | 13 |
| Lot size | 0.07 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Paved Drive, Off Street, Paved |
| Foundation | Block |
| Roof | Shingle |
| Flooring | Wood, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Washer, Dryer |
Location
More about investing in Somerville →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 16 Electric Ave, Somerville MA 02144 have?
It is a 2-unit multi-family property with 3,115 sqft of living area, built in 1900.
How long has 16 Electric Ave, Somerville MA 02144 been on the market?
16 Electric Ave, Somerville MA 02144 has been listed for 0 days (since October 15, 2026).
What is the price per unit?
At a list price of $1,650,000 across 2 units, that works out to roughly $825,000 per unit.
What are the property taxes on 16 Electric Ave, Somerville MA 02144?
Annual property taxes are $16,028 (2026), on an assessed value of $1,459,700.
What is the price per square foot?
At $1,650,000 for 3,115 sqft, that's about $530 per square foot.
Is there parking?
2 total parking spaces (paved drive, off street, paved).
Where is this property located?
16 Electric Ave, Somerville MA 02144 is in Somerville, Middlesex County, MA 02144.
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