**EXCEPTIONAL DAVIS SQUARE 2 FAMILY – TRULY SPECIAL HOME & FABULOUS LIFESTYLE LOCATION !** Rare opportunity to own a Beautifully updated Two Family on one of the most desirable quiet, tree lined streets in the heart of vibrant Davis Square. Proudly owned & lovingly maintained by the same family for over 40 years, this exceptional property combines outstanding quality, flexible living spaces & an incredible WALK-TO-EVERYTHING lifestyle. Enjoy morning coffee at your favorite café, dinner at exciting neighborhood restaurants, live entertainment, shopping, nightlife, parks & the Somerville Community Path—all just moments from home. The Red Line T provides convenient direct access to Harvard, MIT, Cambridge & Boston. BOTH units offer CENTRAL AC, HIGH-EFFICIENCY GAS HEAT & in-unit laundry. Beautiful exterior improvements include High end cedar impression vinyl siding, newer windows, roof & low maintenance Trex decking. The stunning 1st floor home boasts a SHOW STOPPING MASTER SUITE with soaring vaulted ceilings, skylights, loft & private deck, sun filled open concept living & dining areas and a GORGEOUS DESIGNER CHEF'S KITCHEN. The impressive 2 Level upper Townhouse offers a beautiful private Top floor PRIMARY SUITE with stunning bath & spacious home office/dressing room, plus open concept living & dining areas, gorgeous kitchen & private deck. HUGE WALK-OUT BASEMENT provides exceptional storage and exciting future expansion/ADU possibilities. LARGE DRIVEWAY with 3 CAR TANDEM PARKING plus fenced yard. An outstanding opportunity for an OWNER OCCUPANT to enjoy an exceptional home & Davis Square lifestyle while benefiting from substantial rental income, or an investor seeking a premier property in one of Somerville's most desirable neighborhoods. **LOCATION, LIFESTYLE & QUALITY—THIS HOME HAS IT ALL ! OPEN HOUSE SAT AUG 8, 11:30–2pm & SUN AUG 9, 12–2pm. DO NOT MISS OUT ON THIS DAVIS SQUARE GEM !**
This home has been viewed 15 times
Last Checked: August 7th, 2026 at 8:03pm (Source: MLS PIN #73560705)
Gross Income: $86,400
Gross Expenses: $18,126
Net Income Calc: $68,274
Water Views
Annual Expenses for 29 Elmwood Street, Somerville MA 02144
Total Gross Expenses (Calculated)$18,126/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax18126
Annual Income & Unit Breakdown for 29 Elmwood Street, Somerville MA 02144
Total Gross Income (Calculated)$86,400
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 29 Elmwood Street, Somerville MA 02144
Listing ID73560705
Property TypeMulti Family
Price1699900 ($609.28/SqFt)
StyleMulti Family
CitySomerville
CountyMiddlesex
MLS AreaDavis Square
Neighborhood(s)
Approximate Living Area Total2790
Approximate Lot Size (Acres)0.09
Total Parking3
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningNR
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 29 Elmwood Street, Somerville MA 02144
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher / Dryer
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 29 Elmwood Street, Somerville MA 02144
Real Estate Taxes18126
Tax Year2026
Assessed Value$1,650,800
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 29 Elmwood Street, Somerville MA 02144
High SchoolSomerville High
Neighborhood(s)
MLS AreaDavis Square
Area AmenitiesWalk/jog Trails
Contact Information for 29 Elmwood Street, Somerville MA 02144