Luxury Turnkey 3-Family in Winter Hill – Near Assembly Row, Exceptional opportunity to own a fully renovated, high-income 3-family in the heart of Winter Hill, just moments from Assembly Row and nearby parks. This property has been completely transformed with top-tier finishes and modern systems throughout, making it ideal for both investors and owner-occupants seeking strong returns with No Maintenance required. Unit 1 (Duplex): 3 Bedrooms | 2 Full Baths | Lower-level extension for added living space 2 Washers / 2 Dryers , Unit 2: 2 Bedrooms | 1.5 Baths ,Unit 3: 2 Bedrooms | 1 Full Bath. High-end Renovation with Premium Craftsmanship, Hardwood flooring throughout all units, Central heating & Air conditioning, In-unit Washer & Dryer in every Apartment, Modern kitchens with updated finishes & stylish bathrooms ,Off-street parking – a rare and valuable asset in Somerville.
This home has been viewed 5 times
Last Checked: April 24th, 2026 at 4:29am (Source: MLS PIN #73501355)
Gross Income: $159,600
Gross Expenses: $10,493
Net Income Calc: $149,107
Water Views
Annual Expenses for 74 Wheatland, Somerville MA 02145
Total Gross Expenses (Calculated)$10,493/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10493
Annual Income & Unit Breakdown for 74 Wheatland, Somerville MA 02145
Total Gross Income (Calculated)$159,600
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 74 Wheatland, Somerville MA 02145
Listing ID73501355
Property TypeMulti Family / 3 Family
Price2649000 ($802.48/SqFt)
Style3 Family - 3 Units Up/down
CitySomerville
CountyMiddlesex
MLS AreaWinter Hill
Neighborhood(s)
Approximate Living Area Total3301
Approximate Lot Size (Acres)0.11
Total Parking4
Garage Parking0
Year Built2026
Year Built SourceOwner
Year Built DetailsActual,Renovated Since,Finished, Never Occupied
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Area3500
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 74 Wheatland, Somerville MA 02145
Lead PaintNone
UFFINo
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOwner
ExclusionsBasement Projector
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 74 Wheatland, Somerville MA 02145
Real Estate Taxes10493
Tax Year2025
Assessed Value$961,800
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 74 Wheatland, Somerville MA 02145
Elementary SchoolEast Somerville
Middle SchoolWinter Hill Comm Innovation
High SchoolSomerville High
Neighborhood(s)
MLS AreaWinter Hill
Area AmenitiesWalk/jog Trails
Contact Information for 74 Wheatland, Somerville MA 02145