Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Active

38 Berkeley Street, Somerville MA 02143

$2,450,000

Estimated $5,901/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $408,333.33

Total Rent: 132600/year

Estimated CAP Rate:

10 Bedrooms

Baths

5051

Total Parking: 0

5,600 (0.13)

Fantastic opportunity to purchase a six-family property in Somerville's highly sought-after Spring Hill neighborhood, near to Porter Square Red Line and just blocks from the Gilman Square Green Line and Bike Path, making it a commuter's dream. The property consists of six units—two studios and four two-bedroom (some can be utilized as three bedroom or three bedroom plus!) apartments—and features an enormous backyard and a large basement with ample storage. Extremely well kept and clean building with enormous upside potential for rent. The two studio units have been recently renovated, while Units 1–3 have been tastefully updated and maintained. Unit 4 is currently vacant, presenting an excellent opportunity for a new owner to renovate and increase rental income. With a well-balanced layout of three units on each side, this is a rare value-add investment opportunity in one of Somerville's most desirable locations. Please see broker for balance of photos and videos of each unit.

This home has been viewed 13 times

Last Checked: July 27th, 2026 at 6:18am (Source: MLS PIN #73552553)

Gross Income: $132,600

Gross Expenses: $23,144

Net Income Calc: $109,456

Annual Expenses for 38 Berkeley Street, Somerville MA 02143

Total Gross Expenses (Calculated)$23,144/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax23144

Annual Income & Unit Breakdown for 38 Berkeley Street, Somerville MA 02143

Total Gross Income (Calculated)$132,600

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit0

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms0

Bathrooms

Floor3

Levels in Unit1

Rent Includes

General Information for 38 Berkeley Street, Somerville MA 02143

Listing ID73552553

Property TypeMulti Family / 5+ Family

Price2450000 ($485.05/SqFt)

Style5-9 Family

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total5051

Approximate Lot Size (Acres)0.13

Total Parking0

Garage Parking0

Year Built1928

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningNR

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 38 Berkeley Street, Somerville MA 02143

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsElectric Fireplace

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 38 Berkeley Street, Somerville MA 02143

Real Estate Taxes23144

Tax Year2026

Assessed Value$2,107,800

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 38 Berkeley Street, Somerville MA 02143

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 38 Berkeley Street, Somerville MA 02143

Agent

Name: Grace Bloodwell

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-242-0025

Payment Calculator

, Interest

Property Taxes 1928.67

Principal & Interest 15096.12

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Grace Bloodwell

Agent Phone

Office Phone

(617) 242-0025

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.13 acres (5,600 SqFt)
    [add_date] => 2026-07-21 18:53:41
    [address] => Berkeley Street
    [agent] => Array
        (
            [address] => 342 Bunker Hill
            [city] => Boston
            [id] => BB806851
            [name] => Grace Bloodwell
            [national_association] => 449525386
            [office] => AN6194
            [state] => MA
            [zip] => 02129
        )

[apod_available] => Array
        (
            [0] => Yes
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 5051
    [approx_lot_size_acres] => 0.13
    [approx_lot_size_sqft] => 5600
    [assessed_value] => $2,107,800
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 10
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 5+ Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Somerville
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Middlesex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Fantastic opportunity to purchase a six-family property in Somerville's highly sought-after Spring Hill neighborhood, near to Porter Square Red Line and just blocks from the Gilman Square Green Line and Bike Path, making it a commuter's dream. The property consists of six units—two studios and four two-bedroom (some can be utilized as three bedroom or three bedroom plus!) apartments—and features an enormous backyard and a large basement with ample storage. Extremely well kept and clean building with enormous upside potential for rent. The two studio units have been recently renovated, while Units 1–3 have been tastefully updated and maintained. Unit 4 is currently vacant, presenting an excellent opportunity for a new owner to renovate and increase rental income. With a well-balanced layout of three units on each side, this is a rare value-add investment opportunity in one of Somerville's most desirable locations. Please see broker for balance of photos and videos of each unit.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Electric Fireplace
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-07-27 06:18:35
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
            [0] => None
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 4
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73552553
    [neighborhoods] => 
    [net_income_calc] => 109456
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 6
    [office] => Array
        (
            [id] => AN6194
            [name] => Coldwell Banker Realty - Boston
            [phone] => 617-242-0025
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 2450000
    [price_per_sqft] => 485.05
    [price_per_unit] => 408333.33333333
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 5-9 Family
        )

[real_estate_tax] => 23144
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 22
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 38
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 1
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2026
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 23144
    [total_gross_income] => 132600
    [total_parking] => 0
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 2 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 3
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 3
    [unit_3_floor] => 2
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 0
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 0
    [unit_4_floor] => 3
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 1
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 38 Berkeley Street, Somerville MA 02143
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
        )

[raw] => 
)

EXIT

20 More Photos

Active

38 Berkeley Street, Somerville MA 02143

$2,450,000

Annual Expenses for 38 Berkeley Street, Somerville MA 02143

Annual Income & Unit Breakdown for 38 Berkeley Street, Somerville MA 02143

General Information for 38 Berkeley Street, Somerville MA 02143

Disclosures for 38 Berkeley Street, Somerville MA 02143

Financial Information for 38 Berkeley Street, Somerville MA 02143

Location Information for 38 Berkeley Street, Somerville MA 02143

Contact Information for 38 Berkeley Street, Somerville MA 02143

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Grace Bloodwell