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303 Alewife Brook Pkwy, Somerville MA 02144

Active

303 Alewife Brook Pkwy, Somerville MA 02144

$999,999

Estimated $2,603/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $499,999.50

Total Rent: 42000/year

Estimated CAP Rate:

4 Bedrooms

Baths

2204

Total Parking: 6 (1 Garage)

3,600 (0.08)

Show and Go!!!!!Exceptional opportunity to own a well-maintained two-family in a prime Somerville location! Just minutes from Tufts University, the Alewife Greenway, parks, restaurants, shopping, public transportation, and major commuter routes, this property offers the perfect combination of convenience and investment potential. Ideal for investors seeking strong rental income or owner-occupants looking to offset their mortgage, each unit features a spacious, functional layout, separate laundry hookups, and the added convenience of off-street parking—a rare and valuable amenity in Somerville. Enjoy easy access to everything the city has to offer while benefiting from one of Greater Boston's most desirable rental markets with consistently strong demand. Whether you're expanding your investment portfolio or looking for a home with income-producing potential, this versatile property is an opportunity you won't want to miss. Schedule you appointment now this won't last!!!!!

This home has been viewed 5 times

Last Checked: September 15th, 2026 at 9:18pm (Source: MLS PIN #73562642)

Gross Income: $42,000

Gross Expenses: $11,775

Net Income Calc: $30,225

Annual Expenses for 303 Alewife Brook Pkwy, Somerville MA 02144

Total Gross Expenses (Calculated)$11,775/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11775

Annual Income & Unit Breakdown for 303 Alewife Brook Pkwy, Somerville MA 02144

Total Gross Income (Calculated)$42,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 303 Alewife Brook Pkwy, Somerville MA 02144

Listing ID73562642

Property TypeMulti Family / 2 Family

Price999999 ($453.72/SqFt)

Style2 Family - 2 Units Up/down

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2204

Approximate Lot Size (Acres)0.08

Total Parking6 (1 Garage)

Garage Parking1

Year Built1920

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 Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 303 Alewife Brook Pkwy, Somerville MA 02144

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

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 303 Alewife Brook Pkwy, Somerville MA 02144

Real Estate Taxes11775

Tax Year2026

Assessed Value$1,072,400

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 303 Alewife Brook Pkwy, Somerville MA 02144

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 303 Alewife Brook Pkwy, Somerville MA 02144

Agent

Name: Marie White

Office

Name: LAER Realty Partners

Phone: 844-687-5237

Payment Calculator

, Interest

Property Taxes 981.25

Principal & Interest 6161.68

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

LAER Realty Partners

Marie White

Agent Phone

Office Phone

(844) 687-5237

Text Agent Call Agent Call Office

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    [description] => Show and Go!!!!!Exceptional opportunity to own a well-maintained two-family in a prime Somerville location! Just minutes from Tufts University, the Alewife Greenway, parks, restaurants, shopping, public transportation, and major commuter routes, this property offers the perfect combination of convenience and investment potential. Ideal for investors seeking strong rental income or owner-occupants looking to offset their mortgage, each unit features a spacious, functional layout, separate laundry hookups, and the added convenience of off-street parking—a rare and valuable amenity in Somerville. Enjoy easy access to everything the city has to offer while benefiting from one of Greater Boston's most desirable rental markets with consistently strong demand. Whether you're expanding your investment portfolio or looking for a home with income-producing potential, this versatile property is an opportunity you won't want to miss. Schedule you appointment now this won't last!!!!!
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    [unparsed] => 303 Alewife Brook Pkwy, Somerville MA 02144
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EXIT

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