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48 Irving Street, Somerville MA 02144

$1,850,000

Estimated $4,299/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $616,666.67

Total Rent: 92400/year

Estimated CAP Rate:

5 Bedrooms

Baths

2538

Total Parking: 12 (3 Garage)

4,356 (0.10)

PRIME DAVIS SQUARE / TUFTS LOCATION WITH GARAGE AND PARKING! This well-maintained three-family home is ideally situated between Davis Square and Tufts University. Offering an attractive mix of unit sizes, renovated interiors, abundant parking, and private outdoor space, this property is an excellent choice for an investor, owner-occupant, or multi-generational buyer. The property features three renovated units, including a studio, a one-bedroom apartment, and a spacious three/four-bedroom unit, perfect for an owner occupant seeking additional income. All three units have been renovated within the past five years and feature beautiful hardwood flooring, full tile bathrooms, and separate heating and cooling systems paid by the tenants. Each unit also offers dedicated parking in the double wide driveway, and the three-car garage, can provide additional owner parking, storage, or additional income for the new owner. Outdoor living is another highlight, with private outdoor space for each individual unit and a shared, fenced-in patio that provides a wonderful space for relaxing, entertaining, or enjoying the outdoors. Located just minutes from Davis Square, Tufts University, public transportation, restaurants, shops, and neighborhood amenities, this property combines location, flexibility, and income potential in one outstanding package. A rare opportunity to own a turnkey three-family in the heart of the Davis Square/Tufts University area.

This home has been viewed 6 times

Last Checked: September 16th, 2026 at 7:58am (Source: MLS PIN #73575260)

Gross Income: $92,400

Gross Expenses: $15,588

Net Income Calc: $76,812

Water Views

Annual Expenses for 48 Irving Street, Somerville MA 02144

Total Gross Expenses (Calculated)$15,588/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax15588

Annual Income & Unit Breakdown for 48 Irving Street, Somerville MA 02144

Total Gross Income (Calculated)$92,400

Unit 1

Rental Income$0

LeaseY

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 48 Irving Street, Somerville MA 02144

Listing ID73575260

Property TypeMulti Family / 3 Family

Price1850000 ($728.92/SqFt)

Style3 Family

CitySomerville

CountyMiddlesex

MLS AreaDavis Square

Neighborhood(s)

Approximate Living Area Total2538

Approximate Lot Size (Acres)0.1

Total Parking12 (3 Garage)

Garage Parking3

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningNR

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 48 Irving Street, Somerville MA 02144

Lead PaintNone

UFFINo

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 48 Irving Street, Somerville MA 02144

Real Estate Taxes15588

Tax Year2027

Assessed Value$1,560,000

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 48 Irving Street, Somerville MA 02144

Neighborhood(s)

MLS AreaDavis Square

Area Amenities

Contact Information for 48 Irving Street, Somerville MA 02144

Agent

Name: David P. Veo

Office

Name: Freedom Realty Advisors

Phone: 617-777-3303

Payment Calculator

, Interest

Property Taxes 1299

Principal & Interest 11399.11

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Freedom Realty Advisors

David P. Veo

Agent Phone

Office Phone

(617) 777-3303

Text Agent Call Agent Call Office

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EXIT

35 More Photos

Active

48 Irving Street, Somerville MA 02144

$1,850,000

Annual Expenses for 48 Irving Street, Somerville MA 02144

Annual Income & Unit Breakdown for 48 Irving Street, Somerville MA 02144

General Information for 48 Irving Street, Somerville MA 02144

Disclosures for 48 Irving Street, Somerville MA 02144

Financial Information for 48 Irving Street, Somerville MA 02144

Location Information for 48 Irving Street, Somerville MA 02144

Contact Information for 48 Irving Street, Somerville MA 02144

Agent

Office

Payment Calculator

Exclusive Listing Agent

Freedom Realty Advisors

David P. Veo