Rare opportunity to own a newly renovated three-family investment property in a high-demand Somerville location. 174 Walnut Street offers approx. 5,921 total gross SF across three spacious residences: a massive duplex Unit 1 with approx. 3,044 SF, 6 effective bedrooms, 3 full baths, private deck access, and excellent rental flexibility; Unit 2 with approx. 1,532 SF, 3 bedrooms, 2 full baths, in-unit laundry, and a modern kitchen/living layout; and top-floor Unit 3 with approx. 1,345 SF, 2 bedrooms, 2 full baths, skylights, in-unit laundry, and efficient living/dining space. The property includes driveway/off-street parking, outdoor/exclusive-use areas, and strong access to Somerville amenities, transit, restaurants, shopping, and major employment centers. A compelling asset for investors or owner-occupants seeking scale, flexibility, and long-term upside.
This home has been viewed 17 times
Last Checked: June 28th, 2026 at 8:53am (Source: MLS PIN #73542693)
Gross Income: $90,000
Gross Expenses: $15,766
Net Income Calc: $74,234
Annual Expenses for 174 Walnut Street, Somerville MA 02145
Total Gross Expenses (Calculated)$15,766/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax15766
Annual Income & Unit Breakdown for 174 Walnut Street, Somerville MA 02145
Total Gross Income (Calculated)$90,000
Unit 1
Rental Income$0
LeaseY
Bedrooms6
Bathrooms4 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 174 Walnut Street, Somerville MA 02145
Listing ID73542693
Property TypeMulti Family / 3 Family
Price3300000 ($557.34/SqFt)
Style3 Family
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total5921
Approximate Lot Size (Acres)0.1
Total Parking3
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningNR
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 174 Walnut Street, Somerville MA 02145
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceMeasured
ExclusionsSee Disclosures
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 174 Walnut Street, Somerville MA 02145
Real Estate Taxes15766
Tax Year2026
Assessed Value$1,435,900
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 174 Walnut Street, Somerville MA 02145
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 174 Walnut Street, Somerville MA 02145