Presenting a distinguished two-family residence at 82 Electric Ave in Somerville. Built in 1900, this well-maintained property offers 3,335 square feet of living space on a 4,172 square foot lot and features a total of 5 bedrooms, 2 full bathrooms, and a 2-car garage.A strong investment opportunity, both units are leased through 8/31/2026 and generate $6,900 per month in gross rental income. Current tenants have expressed interest in remaining, providing potential for continued occupancy and stable cash flow. Combining classic character, generous living space, and reliable rental income, this property presents an exceptional opportunity in one of Somerville's most desirable neighborhoods.
This home has been viewed 2 times
Last Checked: June 24th, 2026 at 7:48pm (Source: MLS PIN #73540824)
Gross Income: $82,800
Gross Expenses: $15,505
Net Income Calc: $67,295
Water Views
Annual Expenses for 82 Electric, Somerville MA 02144
Total Gross Expenses (Calculated)$15,505/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax15505
Annual Income & Unit Breakdown for 82 Electric, Somerville MA 02144
Total Gross Income (Calculated)$82,800
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 82 Electric, Somerville MA 02144
Listing ID73540824
Property TypeMulti Family
Price1437500 ($431.03/SqFt)
StyleMulti Family
CitySomerville
CountyMiddlesex
MLS AreaTeele Square
Neighborhood(s)
Approximate Living Area Total3335
Approximate Lot Size (Acres)0.1
Total Parking6 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningNR
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 82 Electric, Somerville MA 02144
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
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 82 Electric, Somerville MA 02144
Real Estate Taxes15505
Tax Year2026
Assessed Value$1,412,100
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 82 Electric, Somerville MA 02144
Neighborhood(s)
MLS AreaTeele Square
Area AmenitiesWalk/jog Trails
Contact Information for 82 Electric, Somerville MA 02144