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283 Alewife Brook Pkwy, Somerville MA 02144

Withdrawn

283 Alewife Brook Pkwy, Somerville MA 02144

$1,298,000

Estimated $3,066/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $649,000

Total Rent: 31200/year

Estimated CAP Rate:

4 Bedrooms

Baths

2458

Total Parking: 6 (2 Garage)

4,465 (0.10)

TURNKEY SOMERVILLE TWO-FAMILY – PRIME LOCATION! Directly across from Dilboy Field and minutes to Tufts University, this well-maintained two-family offers 2,458 SF of living space and 4+ bedrooms, making it an excellent opportunity for investors or owner-occupants. Both units feature updated kitchens, beautiful hardwood floors, abundant natural light, spacious living and dining areas, and private/enclosed porch space. Additional features include basement laundry, off-street/driveway parking, and a shared backyard. Enjoy convenient access to the Alewife Greenway, Mystic River Parkway, Davis Square, Cambridge, Arlington, and Boston. Both units are currently leased, offering immediate rental income from day one. A rare opportunity in a highly desirable Somerville location!

This home has been viewed 13 times

Last Checked: October 13th, 2026 at 4:29am (Source: MLS PIN #73581042)

Gross Income: $31,200

Gross Expenses: $11,539

Net Income Calc: $19,661

Annual Expenses for 283 Alewife Brook Pkwy, Somerville MA 02144

Total Gross Expenses (Calculated)$11,539/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11539

Annual Income & Unit Breakdown for 283 Alewife Brook Pkwy, Somerville MA 02144

Total Gross Income (Calculated)$31,200

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 283 Alewife Brook Pkwy, Somerville MA 02144

Listing ID73581042

Property TypeMulti Family / 2 Family

Price1298000 ($528.07/SqFt)

Style2 Family - 2 Units Up/down

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2458

Approximate Lot Size (Acres)0.1

Total Parking6 (2 Garage)

Garage Parking2

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningNR

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 283 Alewife Brook Pkwy, 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 283 Alewife Brook Pkwy, Somerville MA 02144

Real Estate Taxes11539

Tax Year2025

Assessed Value$1,050,900

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 283 Alewife Brook Pkwy, Somerville MA 02144

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 283 Alewife Brook Pkwy, Somerville MA 02144

Agent

Name: John Saleh

Office

Name: Centre Realty Group

Phone: 617-332-0077

Payment Calculator

, Interest

Property Taxes 961.58

Principal & Interest 7997.86

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Centre Realty Group

John Saleh

Agent Phone

Office Phone

(617) 332-0077

Text Agent Call Agent Call Office

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    [description] => TURNKEY SOMERVILLE TWO-FAMILY – PRIME LOCATION! Directly across from Dilboy Field and minutes to Tufts University, this well-maintained two-family offers 2,458 SF of living space and 4+ bedrooms, making it an excellent opportunity for investors or owner-occupants. Both units feature updated kitchens, beautiful hardwood floors, abundant natural light, spacious living and dining areas, and private/enclosed porch space. Additional features include basement laundry, off-street/driveway parking, and a shared backyard. Enjoy convenient access to the Alewife Greenway, Mystic River Parkway, Davis Square, Cambridge, Arlington, and Boston. Both units are currently leased, offering immediate rental income from day one. A rare opportunity in a highly desirable Somerville location!
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    [unparsed] => 283 Alewife Brook Pkwy, Somerville MA 02144
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EXIT

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