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84-86R Cross St, Somerville MA 02145

$2,319,000

Estimated $5,258.92/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $386,500

Total Rent: 124200/year

Estimated CAP Rate: 4.58%

8 Bedrooms

6 Full Baths

4,661 SqFt

Total Parking: 3

3,049 SqFt

Outstanding 6-unit investment opportunity in rapidly growing East Somerville! This rare two-building, two-parcel package at 84-86 & 86R Cross Street offers both immediate cash flow and long-term upside. The front building features four well-maintained units, while a separate two-unit structure in the rear adds versatility and value. All three upper-level units enjoy private back decks, and a shared patio creates inviting outdoor space between the buildings. A three-car driveway and potential for additional parking add even more utility. Updated interiors, a centralized laundry room, and separately metered units make for easy management. Whether you're seeking strong rental income, condo conversion potential, or a future redevelopment play, this property checks all the boxes. Just blocks from the Green Line Extension, Assembly Row, shops, restaurants, and I-93, this is a prime location with high tenant demand and strong appreciation!

This home has been viewed 34 times

Last Checked: December 2nd, 2025 at 6:18am (Source: MLS PIN #73380216)

Gross Income: $124,200

Gross Expenses: $17,984

Net Income Calc: $106,216

CAP Rate: 4.58%

Annual Expenses for 84-86R Cross St, Somerville MA 02145

Total Gross Expenses (Calculated)$17,984/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$17,984

Annual Income & Unit Breakdown for 84-86R Cross St, Somerville MA 02145

Total Gross Income (Calculated)$124,200

Unit 1

Rental Income$2,900

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,550

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

Unit 3

Rental Income$2,300

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$2,600

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 84-86R Cross St, Somerville MA 02145

Listing ID73380216

Property TypeMulti Family / 5+ Family

Price$2,319,000 ($497.53/SqFt)

Style5-9 Family

CitySomerville

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total4,661 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionSlab

Accessible Features

Outdoor SpaceDeck - Wood, Patio

ZoningNR

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 84-86R Cross St, Somerville MA 02145

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$179,400

Total Net Income By Broker$153,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 84-86R Cross St, Somerville MA 02145

Real Estate Taxes$17,984

Tax Year2024

Assessed Value$1,648,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$179,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$153,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.58%

Location Information for 84-86R Cross St, Somerville MA 02145

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Shopping, Park, Medical Facility, Public Transportation, T-station, Tennis Court(s)

Contact Information for 84-86R Cross St, Somerville MA 02145

Agent

Name: Chad Myers

Office

Name: Mr. Chaddles Real Estate

Phone: 857-222-6677

Payment Calculator

, Interest

Property Taxes 1498.67

Principal & Interest 14288.94

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Mr. Chaddles Real Estate

Chad Myers

Agent Phone

Office Phone

(857) 222-6677

Text Agent Call Agent Call Office

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EXIT

Pending

84-86R Cross St, Somerville MA 02145

$2,319,000

Annual Expenses for 84-86R Cross St, Somerville MA 02145

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Contact Information for 84-86R Cross St, Somerville MA 02145

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Mr. Chaddles Real Estate

Chad Myers