Overview Property Details Payment Calculator Walkability

Active

8 Everett St, Somerville MA 02143

$2,800,000

Estimated $6,745.86/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $466,666.67

Total Rent: 103200/year

Estimated CAP Rate: 2.19%

19 Bedrooms

6 Full Baths

6,755 SqFt

Total Parking: 0

3,868 SqFt

This well-maintained six-unit building WITH LEAD CERTIFICATES & sits in the heart of East Somerville, just minutes from Union Square, 900 feet to the T Station, public transit, and downtown Boston. It offers five spacious three-bedroom units and one four-bedroom unit—ide...

This home has been viewed 35 times

Last Checked: July 2nd, 2025 at 7:58am (Source: MLS PIN #73391369)

Gross Income: $103,200

Gross Expenses: $42,014

Net Income Calc: $61,186

CAP Rate: 2.19%

Annual Expenses for 8 Everett St, Somerville MA 02143

Total Gross Expenses (Calculated)$42,014/year

APOD AvailableNo

Heating

Electricity$497

Water$10,371

Gas$10,371

Insurance$4,678

Sewer$10,371

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$26,468

Annual Income & Unit Breakdown for 8 Everett St, Somerville MA 02143

Total Gross Income (Calculated)$103,200

Unit 1

Rental Income$1,800

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$2,400

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$2,200

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit0

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$2,200

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit0

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 8 Everett St, Somerville MA 02143

Listing ID73391369

Property TypeMulti Family / 5+ Family

Price$2,800,000 ($414.51/SqFt)

Style5-9 Family

CitySomerville

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total6,755 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking0

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningCBD

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 8 Everett St, Somerville MA 02143

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$15,546

Total Gross Income By Broker$162,000

Total Net Income By Broker$114,054

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 8 Everett St, Somerville MA 02143

Real Estate Taxes$26,468

Tax Year2025

Assessed Value$2,426,000

Financial Data SourceOwner

Total Gross Expenses By Broker$15,546

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$162,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$114,054

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.19%

Location Information for 8 Everett St, Somerville MA 02143

Elementary SchoolSps

Middle SchoolSps

High SchoolShs

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Public Transportation, T-station

Contact Information for 8 Everett St, Somerville MA 02143

Agent

Name: Raymond Boutin

MLS ID: D0001895

Office ID: AN5830

National Association ID: 456001167

Address: 255 Fourth Avenue

City: Lowell

State: MA

Zip: 01854

Office

Name: RE/MAX Innovative Properties

MLS Office ID: AN5830

Phone: 978-452-4432

Payment Calculator

$19,458.38 per month

30 Years Fixed, 6.75% Interest

Property Taxes $2,205.67

Principal & Interest $17,252.71

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Innovative Properties

Raymond Boutin

Agent Phone

Office Phone

(978) 452-4432

Text Agent Call Agent Call Office

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EXIT

Active

8 Everett St, Somerville MA 02143

$2,800,000

Annual Expenses for 8 Everett St, Somerville MA 02143

Annual Income & Unit Breakdown for 8 Everett St, Somerville MA 02143

General Information for 8 Everett St, Somerville MA 02143

Disclosures for 8 Everett St, Somerville MA 02143

Financial Information for 8 Everett St, Somerville MA 02143

Location Information for 8 Everett St, Somerville MA 02143

Contact Information for 8 Everett St, Somerville MA 02143

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Exclusive Listing Agent

RE/MAX Innovative Properties

Raymond Boutin