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18 Otis St, Somerville MA 02145

$1,499,999

Estimated $3,628.99/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $499,999.67

Total Rent: 84000/year

Estimated CAP Rate: 4.64%

12 Bedrooms

3 Full Baths

4,707 SqFt

Total Parking: 4

4,095 SqFt

12 bed!, three-bath, three-unit property conveniently located just outside the vibrant Union Square and minutes from Assembly Row. Each unit offers spacious layouts with large rooms, providing endless possibilities for both investors and owner-occupants alike. Some units can be delivered vacant, allowing flexibility for immediate occupancy or renovation. The property features off-street parking, a yard, and additional storage space in the back that could be converted into garages, or use your imagination perfect for creative uses or added income potential. This is an excellent opportunity to own a large, versatile multi-family in a rapidly growing area with strong rental demand and easy access to shops, restaurants, public transportation, and major routes. Whether you’re looking to live in one unit and rent the others or fully invest for maximum returns, this property offers the flexibility, location, and size that are hard to find in today’s market. A true gem!

This home has been viewed 15 times

Last Checked: December 7th, 2025 at 8:08am (Source: MLS PIN #73451051)

Gross Income: $84,000

Gross Expenses: $14,361

Net Income Calc: $69,639

CAP Rate: 4.64%

Annual Expenses for 18 Otis St, Somerville MA 02145

Total Gross Expenses (Calculated)$14,361/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$14,361

Annual Income & Unit Breakdown for 18 Otis St, Somerville MA 02145

Total Gross Income (Calculated)$84,000

Unit 1

Rental Income$2,400

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,300

LeaseY

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$2,300

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 18 Otis St, Somerville MA 02145

Listing ID73451051

Property TypeMulti Family / 3 Family

Price$1,499,999 ($318.67/SqFt)

Style3 Family - 3 Units Up/down

CitySomerville

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total4,707 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking4

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 18 Otis St, Somerville MA 02145

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$84,000

Total Net Income By Broker$84,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 18 Otis St, Somerville MA 02145

Real Estate Taxes$14,361

Tax Year2025

Assessed Value$1,316,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$84,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$84,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.64%

Location Information for 18 Otis St, Somerville MA 02145

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 18 Otis St, Somerville MA 02145

Agent

Name: Michael Wetherbee

Office

Name: Cameron Real Estate Group

Phone: 781-486-3180

Team Members

Payment Calculator

, Interest

Property Taxes 1196.75

Principal & Interest 9242.52

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cameron Real Estate Group

Michael Wetherbee

Agent Phone

Office Phone

(781) 486-3180

Text Agent Call Agent Call Office

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EXIT

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18 Otis St, Somerville MA 02145

$1,499,999

Annual Expenses for 18 Otis St, Somerville MA 02145

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Exclusive Listing Agent

Cameron Real Estate Group

Michael Wetherbee