Exceptional investment opportunity in one of Somerville’s most desirable locations! This six-unit building features spacious units with flexible floor plans that allow them to function as 3-bedrooms, ideal for roommate living and with strong rental potential. Each apartment offers high ceilings that enhance the sense of space and light, along with private covered back porches. Ideally situated with easy access to Harvard University and the shops and services in vibrant Inman Square, this property places residents at the center of it all. Easy access to Whole Foods Market on Beacon Street, as well as Kirkland Village with its shops and dining destinations. A rare opportunity to own a well-located, income-generating property with strong upside in a thriving rental market. Current lease agreements in place through May 31, 2027.
This home has been viewed 8 times
Last Checked: July 5th, 2026 at 4:48am (Source: MLS PIN #73496731)
Gross Income: $180,000
Gross Expenses: $55,090
Net Income Calc: $124,910
Water Views
Annual Expenses for 42 Calvin Street, Somerville MA 02143
Total Gross Expenses (Calculated)$55,090/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax38768.48
Annual Income & Unit Breakdown for 42 Calvin Street, Somerville MA 02143
Total Gross Income (Calculated)$180,000
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 42 Calvin Street, Somerville MA 02143
Listing ID73496731
Property TypeMulti Family / 5+ Family
Price3975000 ($436.53/SqFt)
Style5-9 Family
CitySomerville
CountyMiddlesex
MLS AreaInman Square
Neighborhood(s)
Approximate Living Area Total9106
Approximate Lot Size (Acres)0.11
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoningres.
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 42 Calvin Street, Somerville MA 02143
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
Financial Data SourceEstimated
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 42 Calvin Street, Somerville MA 02143
Real Estate Taxes38768.48
Tax Year2026
Assessed Value$3,430,900
Financial Data SourceEstimated
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 42 Calvin Street, Somerville MA 02143
Neighborhood(s)
MLS AreaInman Square
Area AmenitiesWalk/jog Trails
Contact Information for 42 Calvin Street, Somerville MA 02143