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17 Belmont St, Somerville MA 02143

$1,599,000

Estimated $3,753/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $799,500

Total Rent: 112800/year

Estimated CAP Rate:

6 Bedrooms

Baths

2577

Total Parking: 0

2,550 (0.06)

Great opportunity to buy into the Somerville market — a renovated multifamily property for less than the price of a single-family home in the highly desirable Porter Square / Harvard / Union Square area.This property offers a 4bed/4bath upper duplex and a 2bed/2bath lower unit with a strong rental history and the flexibility to live in one unit while renting the other, or rent both units and immediately generate cash flow. Units will be delivered vacant. Previous rents were $3,400/month for Unit 1 and $5,800/month for Unit 2. Renovated in 2022 with condo-quality finishes throughout, including Porcelanosa tile, Kohler vanities, and fixtures. With a Walk Score of 87 and located less than a mile from MBTA Red Line, Green Line, and bus service, this home offers exceptional access to everything the area has to offer. Just minutes from Harvard Law, Harvard Graduate campuses, and Tufts.

This home has been viewed 14 times

Last Checked: June 20th, 2026 at 8:08am (Source: MLS PIN #73538736)

Gross Income: $112,800

Gross Expenses: $21,013

Net Income Calc: $91,787

Annual Expenses for 17 Belmont St, Somerville MA 02143

Total Gross Expenses (Calculated)$21,013/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax13919

Annual Income & Unit Breakdown for 17 Belmont St, Somerville MA 02143

Total Gross Income (Calculated)$112,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms4 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 17 Belmont St, Somerville MA 02143

Listing ID73538736

Property TypeMulti Family

Price1599000 ($620.49/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

MLS AreaSpring Hill

Neighborhood(s)

Approximate Living Area Total2577

Approximate Lot Size (Acres)0.06

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningNR

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 17 Belmont St, Somerville MA 02143

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTree House

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 17 Belmont St, Somerville MA 02143

Real Estate Taxes13919

Tax Year2026

Assessed Value$1,267,700

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 17 Belmont St, Somerville MA 02143

Elementary SchoolBenjamin Brown School

Middle SchoolAlbert Argenziano School

High SchoolSomerville High School

Neighborhood(s)

MLS AreaSpring Hill

Area AmenitiesWalk/jog Trails

Contact Information for 17 Belmont St, Somerville MA 02143

Agent

Name: Ken Smith

Office

Name: Gibson Sotheby's International Realty

Phone: 617-426-6900

Team Members

Payment Calculator

, Interest

Property Taxes 1159.92

Principal & Interest 9852.53

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibson Sotheby's International Realty

Ken Smith

Agent Phone

Office Phone

(617) 426-6900

Text Agent Call Agent Call Office

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    [unparsed] => 17 Belmont St, Somerville MA 02143
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EXIT

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