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Active

128 Central Street, Somerville MA 02145

$1,700,000

Estimated $3,837/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $283,333.33

Total Rent: 0/year

Estimated CAP Rate:

14 Bedrooms

Baths

8538

Total Parking: 4

5,990 (0.14)

Development opportunity - two contiguous lots with a total of 5,990 sf in Somerville. Plans in hand for two semi-attached three-family buildings - six units in all - with over 8,500 sf of gross buildable space. The original building is vacant and ready for demo. The design borrows the neighborhood's mansard rooflines and adds a modern edge: warm wood-toned accent panels, black-framed windows, front balconies, and a roof deck above it all. Each building is drawn with a two-level unit spanning the lower and first floors, a full second floor, and a top floor tucked under the mansard, plus rear decks, exterior stairs, and window wells that pull light below grade. Four parking spaces. Barely a block to the Somerville Community Path and the Hoyt-Sullivan Playground, and equidistant to the Gilman Square and Lowell Street Green Line stops - a transit-minded project. Sarma, Highland Kitchen, Magoun Square nearby.

This home has been viewed 19 times

Last Checked: October 14th, 2026 at 8:08am (Source: MLS PIN #73580460)

Gross Income: $0

Gross Expenses: $12,961

Net Income Calc: $12,961

Annual Expenses for 128 Central Street, Somerville MA 02145

Total Gross Expenses (Calculated)$12,961/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12961

Annual Income & Unit Breakdown for 128 Central Street, Somerville MA 02145

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms2 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 128 Central Street, Somerville MA 02145

Listing ID73580460

Property TypeMulti Family / 5+ Family

Price1700000 ($199.11/SqFt)

Style5-9 Family

CitySomerville

CountyMiddlesex

MLS AreaCentral Hill

Neighborhood(s)

Approximate Living Area Total8538

Approximate Lot Size (Acres)0.14

Total Parking4

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsTo Be Built

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningNR

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 128 Central Street, Somerville MA 02145

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Tv's-Brackets To Remain

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 128 Central Street, Somerville MA 02145

Real Estate Taxes12961

Tax Year2026

Assessed Value$1,180,400

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 128 Central Street, Somerville MA 02145

Elementary SchoolLottery

Middle SchoolLottery

High SchoolShs

Neighborhood(s)

MLS AreaCentral Hill

Area AmenitiesWalk/jog Trails

Contact Information for 128 Central Street, Somerville MA 02145

Agent

Name: Lauren Holleran Team

Office

Name: Gibson Sotheby's International Realty

Phone: 617-945-9161

Team Members

Name: Lauren Holleran

Payment Calculator

, Interest

Property Taxes 1080.08

Principal & Interest 10474.86

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibson Sotheby's International Realty

Lauren Holleran Team

Agent Phone

Office Phone

(617) 945-9161

Text Agent Call Agent Call Office

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EXIT

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Active

128 Central Street, Somerville MA 02145

$1,700,000

Annual Expenses for 128 Central Street, Somerville MA 02145

Annual Income & Unit Breakdown for 128 Central Street, Somerville MA 02145

General Information for 128 Central Street, Somerville MA 02145

Disclosures for 128 Central Street, Somerville MA 02145

Financial Information for 128 Central Street, Somerville MA 02145

Location Information for 128 Central Street, Somerville MA 02145

Contact Information for 128 Central Street, Somerville MA 02145

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Gibson Sotheby's International Realty

Lauren Holleran Team