Located in Somerville’s desirable Spring Hill neighborhood, this property offers strong urban living and investment potential. Ideally situated between Porter and Davis Squares with a 91 Walk Score, it provides convenient access to the MBTA Red Line, Commuter Rail, local shops, dining, and nearby universities including Harvard, Lesley, and Tufts. The home features generous layouts, high ceilings, original hardwood floors, and abundant natural light throughout. Outdoor amenities include multiple private decks and a shared yard, offering flexible options for relaxation or entertaining. Well-maintained and move-in ready, the property also presents value add potential for investors seeking to enhance equity and rental income. Classic three deck configuration with a functional layout well suited for both owner occupants and investment use. Q1 2026 market data indicates strong upward pressure on rental rates in the 02143 zip code, reinforcing capitalization rate potential.
This home has been viewed 2 times
Last Checked: May 6th, 2026 at 10:33am (Source: MLS PIN #73513094)
Gross Income: $135,900
Gross Expenses: $44,276
Net Income Calc: $91,624
Water Views
Annual Expenses for 49 Porter Street, Somerville MA 02143
Total Gross Expenses (Calculated)$44,276/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax24365
Annual Income & Unit Breakdown for 49 Porter Street, Somerville MA 02143
Total Gross Income (Calculated)$135,900
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 49 Porter Street, Somerville MA 02143
Listing ID73513094
Property TypeMulti Family / 3 Family
Price2396000 ($582.97/SqFt)
Style3 Family - 3 Units Up/down
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total4110
Approximate Lot Size (Acres)0.09
Total Parking2
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningNR
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 49 Porter Street, Somerville MA 02143
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal 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 49 Porter Street, Somerville MA 02143
Real Estate Taxes24365
Tax Year2026
Assessed Value$2,233,300
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 49 Porter Street, Somerville MA 02143
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 49 Porter Street, Somerville MA 02143