A proven Somerville investment in one of the area's most connected locations! Positionedbetween Davis Square, Porter Square, and Magoun Square, 166 Albion Street offers convenientaccess to multiple MBTA stops, vibrant neighborhood amenities, and some of Somerville's mostsought-after destinations. This well-maintained two-family has delivered over a decade ofconsistent ownership and 0% vacancy, providing a strong track record of rental stability.Both units feature hardwood floors, updated kitchens and baths, high ceilings, and functionallayouts that appeal to today's rental market. Long-term tenants on the highly desirableSeptember 1st leasing cycle provide immediate stability for the next owner while allowing theproperty to benefit from the continued strength of the surrounding rental market.The neighborhood continues to evolve, with condo conversions, new businesses, improved transitaccess, and strong pride of ownership throughout the area. For an investor seeking a turnkey,income-producing two-family with an established rental history and long-term upside, 166Albion Street is a compelling opportunity.
This home has been viewed 22 times
Last Checked: October 25th, 2026 at 6:28am (Source: MLS PIN #73580677)
Gross Income: $95,700
Gross Expenses: $13,475
Net Income Calc: $82,225
Water Views
Annual Expenses for 166 Albion St, Somerville MA 02144
Total Gross Expenses (Calculated)$13,475/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax13475
Annual Income & Unit Breakdown for 166 Albion St, Somerville MA 02144
Total Gross Income (Calculated)$95,700
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 166 Albion St, Somerville MA 02144
Listing ID73580677
Property TypeMulti Family
Price1299000 ($513.44/SqFt)
StyleMulti Family
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2530
Approximate Lot Size (Acres)0.08
Total Parking3
Garage Parking0
Year Built1910
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 166 Albion St, Somerville MA 02144
Lead PaintNone
UFFI
Living Area Includes BasementNo
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 166 Albion St, Somerville MA 02144
Real Estate Taxes13475
Tax Year2026
Assessed Value$1,227,200
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 166 Albion St, Somerville MA 02144
Neighborhood(s)
Area Amenities
Contact Information for 166 Albion St, Somerville MA 02144