Overview Property Details Payment Calculator Walkability

Active

54 Park Street, Somerville MA 02143

$2,410,000

Estimated $5,430.88/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,205,000

Total Rent: 0/year

Estimated CAP Rate: -0.76%

6 Bedrooms

4 Full, 2 Half Baths

3,110 SqFt

Total Parking: 1

3,485 SqFt

Beautiful & bright, fully renovated 2-Family home for the savvy investor or for multi-generational living, ideally located .3 miles from the Cambridge line - also Inman, Porter, Harvard, Union Squares and Kirkland Village at your fingertips. Each bi-level unit features 3...

This home has been viewed 12 times

Last Checked: June 28th, 2025 at 5:28am (Source: MLS PIN #73380335)

Gross Income: $0

Gross Expenses: $18,277

Net Income Calc: $18,277

CAP Rate: -0.76%

Annual Expenses for 54 Park Street, Somerville MA 02143

Total Gross Expenses (Calculated)$18,277/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$18,277

Annual Income & Unit Breakdown for 54 Park Street, Somerville MA 02143

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit2

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full, 1 Half

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 54 Park Street, Somerville MA 02143

Listing ID73380335

Property TypeMulti Family / 2 Family

Price$2,410,000 ($774.92/SqFt)

Style2 Family - 2 Units Up/down

CitySomerville

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,110 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking1

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningNR

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesBox/Bay/Bow Window(s), Picture Window

Terms

Disclosures for 54 Park Street, Somerville MA 02143

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 54 Park Street, Somerville MA 02143

Real Estate Taxes$18,277

Tax Year2025

Assessed Value$1,675,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.76%

Location Information for 54 Park Street, Somerville MA 02143

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Park, Public Transportation, T-station, University

Contact Information for 54 Park Street, Somerville MA 02143

Agent

Name: Savenor Berkery Group

MLS ID: TM347583

Office ID: AN2606

Office

Name: Compass

MLS Office ID: AN2606

Phone: 617-303-0067

Team Members

Name: Merrill Berkery

MLS ID: CN221420

Office ID: AN2606

National Association ID: 449590340

Phone: 617-785-9940

City: Medford

State: MA

Name: Nichole Bookwalter

MLS ID: BB810954

Office ID: AN2606

National Association ID: 449531801

Phone: 617-784-3023

City: Belmont

State: MA

Payment Calculator

$16,372.73 per month

30 Years Fixed, 6.75% Interest

Property Taxes $1,523.08

Principal & Interest $14,849.65

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Savenor Berkery Group

Agent Phone

Office Phone

(617) 303-0067

Text Agent Call Agent Call Office

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54 Park Street, Somerville MA 02143

$2,410,000

Annual Expenses for 54 Park Street, Somerville MA 02143

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Savenor Berkery Group