Incredible opportunity to own a well-maintained three-family home on a leafy, tree-lined Somerville street, directly across from a sweet neighborhood park with grassy fields. A versatile property offering excellent potential as an income-producing investment, condo conversion, or multi-generational home.The first and second floors each feature comfortable two-bedroom apartments, while the third floor offers a cozy one-bedroom apartment. All three units have been well maintained and feature hardwood floors, eat-in kitchens with dishwashers, and a pleasing mix of decks and porches. The property also offers a quaint backyard, long driveway and two-bay garage, providing valuable off-street parking for residents. Additional amenities include laundry and private storage in the basement, making this a practical and attractive property for both owners and tenants. The natural setting and large park directly across the street add a wonderful neighborhood feel that is increasingly hard to find. Conveniently located between Somerville's Orange and Green Lines, with easy access to downtown Boston, Cambridge, and Assembly Row, including its popular restaurants, shopping, entertainment, and waterfront attractions. A solid investment, this three-family offers plenty of possibilities.
This home has been viewed 5 times
Last Checked: October 1st, 2026 at 5:23pm (Source: MLS PIN #73568923)
Gross Income: $105,000
Gross Expenses: $13,345
Net Income Calc: $91,655
Water Views
Annual Expenses for 78 Fellsway West, Somerville MA 02145
Total Gross Expenses (Calculated)$13,345/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax13345
Annual Income & Unit Breakdown for 78 Fellsway West, Somerville MA 02145
Total Gross Income (Calculated)$105,000
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 78 Fellsway West, Somerville MA 02145
Listing ID73568923
Property TypeMulti Family / 3 Family
Price1400000 ($419.29/SqFt)
Style3 Family
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3339
Approximate Lot Size (Acres)0.09
Total Parking9 (2 Garage)
Garage Parking2
Year Built1915
Year Built SourcePublic Records
Year Built DetailsActual
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 Features
Terms
Disclosures for 78 Fellsway West, Somerville MA 02145
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRequest Details
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 78 Fellsway West, Somerville MA 02145
Real Estate Taxes13345
Tax Year2026
Assessed Value$1,215,400
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 78 Fellsway West, Somerville MA 02145
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 78 Fellsway West, Somerville MA 02145