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34 Belknap St, Somerville MA 02144

$1,775,000

Estimated $4,238.90/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $591,666.67

Total Rent: 125880/year

Estimated CAP Rate: 6.17%

9 Bedrooms

3 Full Baths

3,749 SqFt

Total Parking: 3

3,280 SqFt

An excellent investment opportunity to own a fully leased 3-unit, 9-bedroom property in the highly sought-after Teele Square neighborhood. This classic triple-decker is surrounded by similar well-kept properties. Each unit is bright, spacious, and well-maintained, featuring high ceilings, hardwood floors, original wood trim, and two private porches. The open living and dining areas offer a great flow for entertaining, while the kitchens include ample space and full pantries. Each unit has three large bedrooms with no shared walls, providing exceptional privacy. Additional highlights include coin-operated laundry in the basement, three tandem off-street parking spaces, new heating systems (2023), and recently replaced hot water tanks. The driveway has been newly paved with designer pavers that enhance both aesthetics and drainage. Conveniently located just minutes from Davis Square, Tufts University, shopping, restaurants, public transportation, and more.

This home has been viewed 22 times

Last Checked: November 25th, 2025 at 5:28am (Source: MLS PIN #73445680)

Gross Income: $125,880

Gross Expenses: $16,329

Net Income Calc: $109,551

CAP Rate: 6.17%

Annual Expenses for 34 Belknap St, Somerville MA 02144

Total Gross Expenses (Calculated)$16,329/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$16,329

Annual Income & Unit Breakdown for 34 Belknap St, Somerville MA 02144

Total Gross Income (Calculated)$125,880

Unit 1

Rental Income$3,540

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$3,550

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$3,400

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 34 Belknap St, Somerville MA 02144

Listing ID73445680

Property TypeMulti Family / 3 Family

Price$1,775,000 ($473.46/SqFt)

Style3 Family - 3 Units Up/down

CitySomerville

CountyMiddlesex

MLS AreaTeele Square

Neighborhood(s)

Approximate Living Area Total3,749 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking3

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 34 Belknap St, Somerville MA 02144

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$124,800

Total Net Income By Broker$124,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 34 Belknap St, Somerville MA 02144

Real Estate Taxes$16,329

Tax Year2025

Assessed Value$1,496,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$124,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$124,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.17%

Location Information for 34 Belknap St, Somerville MA 02144

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaTeele Square

Area Amenities

Contact Information for 34 Belknap St, Somerville MA 02144

Agent

Name: The Murphy Group Lexington

Office

Name: William Raveis R.E. & Home Services

Phone: 781-861-9600

Team Members

Name: Joyce Murphy

Phone: 781-771-5146

Name: Meaghan S. Murphy

Phone: 617-875-9845

Payment Calculator

, Interest

Property Taxes 1360.75

Principal & Interest 10936.99

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

The Murphy Group Lexington

Agent Phone

Office Phone

(781) 861-9600

Text Agent Call Agent Call Office

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[terms] => Array
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EXIT

Active

34 Belknap St, Somerville MA 02144

$1,775,000

Annual Expenses for 34 Belknap St, Somerville MA 02144

Annual Income & Unit Breakdown for 34 Belknap St, Somerville MA 02144

General Information for 34 Belknap St, Somerville MA 02144

Disclosures for 34 Belknap St, Somerville MA 02144

Financial Information for 34 Belknap St, Somerville MA 02144

Location Information for 34 Belknap St, Somerville MA 02144

Contact Information for 34 Belknap St, Somerville MA 02144

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

William Raveis R.E. & Home Services

The Murphy Group Lexington