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Canceled

115 Thurston St, Somerville MA 02145

$6,000,000

Estimated $12,583.12/month Calculator

Multi Family

Total Units: 9

Price Per Unit: $666,666.67

Total Rent: 151200/year

Estimated CAP Rate: 1.95%

20 Bedrooms

15 Full Baths

8,035 SqFt

Total Parking: 14 (7 Garage)

5,227 SqFt

***Call for Offers: Wednesday, April 9, 2025.**** This newly constructed multifamily asset located at 115 Thurston St in the heart of Summerville's Winter Hill neighborhood. This three-and-a-half story building offers over 8,000 square feet of living space and features nine thoughtfully designed condo-quality apartment units as well as seven parking spaces. This property is an attractive investment for those looking to capitalize on the dynamic and growing Somerville rental market. Interested parties are encouraged to submit their best and final offers by the specified date. Don't miss this chance to acquire a premium multifamily asset in a highly desirable location.

This home has been viewed 68 times

Last Checked: April 9th, 2025 at 4:19am (Source: MLS PIN #73351591)

Gross Income: $151,200

Gross Expenses: $34,249

Net Income Calc: $116,951

CAP Rate: 1.95%

Annual Expenses for 115 Thurston St, Somerville MA 02145

Total Gross Expenses (Calculated)$34,249/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$34,249.76

Annual Income & Unit Breakdown for 115 Thurston St, Somerville MA 02145

Total Gross Income (Calculated)$151,200

Unit 1

Rental Income$3,000

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$3,800

Lease

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$4,300

Lease

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 115 Thurston St, Somerville MA 02145

Listing ID73351591

Property TypeMulti Family / 5+ Family

Price$6,000,000 ($746.73/SqFt)

Style5-9 Family

CitySomerville

CountyMiddlesex

MLS AreaWinter Hill

Neighborhood(s)

Approximate Living Area Total8,035 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking14 (7 Garage)

Garage Parking7 / Detached

Year Built2024

Year Built SourceBuilder

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningUR

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 115 Thurston St, Somerville MA 02145

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureDoes not include common areas or basement garage s

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data SourcePro. Forma Available, Projected

Total Gross Expenses By Broker$0

Total Gross Income By Broker$205,200

Total Net Income By Broker$205,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 115 Thurston St, Somerville MA 02145

Real Estate Taxes$34,249.76

Tax Year2025

Assessed Value$3,139,300

Financial Data SourcePro. Forma Available, Projected

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$205,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$205,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.95%

Location Information for 115 Thurston St, Somerville MA 02145

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaWinter Hill

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Tennis Court(s), University

Contact Information for 115 Thurston St, Somerville MA 02145

Agent

Name: Kendin Carr

Office

Name: Kendin Carr

Phone: 617-678-0246

Team Members

Payment Calculator

, Interest

Property Taxes 2854.15

Principal & Interest 36970.09

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Kendin Carr

Agent Phone

Office Phone

(617) 678-0246

Text Agent Call Agent Call Office

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[water] => Array
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EXIT

Canceled

115 Thurston St, Somerville MA 02145

$6,000,000

Annual Expenses for 115 Thurston St, Somerville MA 02145

Annual Income & Unit Breakdown for 115 Thurston St, Somerville MA 02145

General Information for 115 Thurston St, Somerville MA 02145

Disclosures for 115 Thurston St, Somerville MA 02145

Financial Information for 115 Thurston St, Somerville MA 02145

Location Information for 115 Thurston St, Somerville MA 02145

Contact Information for 115 Thurston St, Somerville MA 02145

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Kendin Carr

Kendin Carr