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13 Warwick Street, Somerville MA 02144

$16,500,000

Estimated $26,755/month Calculator

Multi Family

Total Units: 28

Price Per Unit: $589,285.71

Total Rent: 108000/year

Estimated CAP Rate:

44 Bedrooms

Baths

26718

Total Parking: 33 (11 Garage)

10,277 (0.24)

EXCLUSIVE OPPORTUNITY AT 13 WARWICK STREET: A newly built 28-unit rental property in Somerville’s prime Spring Hill neighborhood—just 15 minutes from downtown Boston and close to Davis Square. Developed by SMT Development and Prominent Builders, who have completed 100+ projects in Somerville, the building offers condo-quality finishes and a unit mix of 10 studios, 2 one-bedrooms, 13 two-bedrooms, and 2 three-bedrooms, including 23 market-rate and 5 affordable units. Additional highlights include 11 garage parking spaces, a projected rent roll of $91,500 per month, and annual income potential of $1.1M. Located just a 5-minute walk to the Green Line T stop, the property will be delivered 100% complete with a certificate of occupancy expected in February 2026. CALL FOR OFFERS: December 15th. Construction plans are available in the MLS documents; financials are available upon request.

This home has been viewed 118 times

Last Checked: December 27th, 2025 at 6:53am (Source: MLS PIN #73458059)

Gross Income: $108,000

Gross Expenses: $1

Net Income Calc: $107,999

Annual Expenses for 13 Warwick Street, Somerville MA 02144

Total Gross Expenses (Calculated)$1/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax1

Annual Income & Unit Breakdown for 13 Warwick Street, Somerville MA 02144

Total Gross Income (Calculated)$108,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor4

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor4

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 13 Warwick Street, Somerville MA 02144

Listing ID73458059

Property TypeMulti Family

Price16500000 ($617.56/SqFt)

Style5+ Family - 5+ Units Up/down

CitySomerville

CountyMiddlesex

MLS AreaSpring Hill

Neighborhood(s)

Approximate Living Area Total26718

Approximate Lot Size (Acres)0.24

Total Parking33 (11 Garage)

Garage Parking11

Year Built2026

Year Built SourceBuilder

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

Zoning1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 13 Warwick Street, Somerville MA 02144

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsNo

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 13 Warwick Street, Somerville MA 02144

Real Estate Taxes1

Tax Year2025

Assessed Value$1

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 13 Warwick Street, Somerville MA 02144

Neighborhood(s)

MLS AreaSpring Hill

Area Amenities

Contact Information for 13 Warwick Street, Somerville MA 02144

Agent

Name: Ryan Taylor

Office

Name: Fortune RE

Phone: 617-874-1000

Payment Calculator

, Interest

Property Taxes 0.08

Principal & Interest 101667.75

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Fortune RE

Ryan Taylor

Agent Phone

Office Phone

(617) 874-1000

Text Agent Call Agent Call Office

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EXIT

16 More Photos

Pending

13 Warwick Street, Somerville MA 02144

$16,500,000

Annual Expenses for 13 Warwick Street, Somerville MA 02144

Annual Income & Unit Breakdown for 13 Warwick Street, Somerville MA 02144

General Information for 13 Warwick Street, Somerville MA 02144

Disclosures for 13 Warwick Street, Somerville MA 02144

Financial Information for 13 Warwick Street, Somerville MA 02144

Location Information for 13 Warwick Street, Somerville MA 02144

Contact Information for 13 Warwick Street, Somerville MA 02144

Agent

Office

Payment Calculator

Exclusive Listing Agent

Fortune RE

Ryan Taylor