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23 Packard Ave, Somerville MA 02144

$1,750,000

Estimated $4,240/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $875,000

Total Rent: 112800/year

Estimated CAP Rate:

8 Bedrooms

Baths

3329

Total Parking: 3

3,654 (0.08)

Rare opportunity to own a spacious two-family home in a desirable location near Tufts University, Teele Square, and Davis Square. Offering a strong rental history and proven cash flow, this property provides immediate rental income with long-term potential. Both units feature 4 bedrooms and 2 full baths. The first unit offers a comfortable two-level layout, while the second unit occupies the upper two floors and features a spacious floor plan with living and dining rooms, dedicated office space, and additional flexible living areas. Both units feature hardwood floors, updated kitchens and bathrooms, and forced-air heating. Additional highlights include a high-ceiling basement with laundry and ample storage, a composite deck, front porch, and three off-street parking spaces. Recent improvements include vinyl siding, composite decking, and a newer roof approximately 7–9 years old. A great opportunity for investors or owner-occupants seeking a well-maintained two-family property in a convenient Somerville location.

This home has been viewed 19 times

Last Checked: October 5th, 2026 at 4:53am (Source: MLS PIN #73584940)

Gross Income: $112,800

Gross Expenses: $16,830

Net Income Calc: $95,970

Water Views

Annual Expenses for 23 Packard Ave, Somerville MA 02144

Total Gross Expenses (Calculated)$16,830/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax16830

Annual Income & Unit Breakdown for 23 Packard Ave, Somerville MA 02144

Total Gross Income (Calculated)$112,800

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms2 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 23 Packard Ave, Somerville MA 02144

Listing ID73584940

Property TypeMulti Family

Price1750000 ($525.68/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3329

Approximate Lot Size (Acres)0.08

Total Parking3

Garage Parking0

Year Built1886

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningNR

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 23 Packard Ave, Somerville MA 02144

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.

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 23 Packard Ave, Somerville MA 02144

Real Estate Taxes16830

Tax Year2026

Assessed Value$1,532,800

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 23 Packard Ave, Somerville MA 02144

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 23 Packard Ave, Somerville MA 02144

Agent

Name: Ning Sun

Office

Name: United Real Estate, LLC

Phone: 781-453-8818

Payment Calculator

, Interest

Property Taxes 1402.5

Principal & Interest 10782.94

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

United Real Estate, LLC

Ning Sun

Agent Phone

Office Phone

(781) 453-8818

Text Agent Call Agent Call Office

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    [description] => Rare opportunity to own a spacious two-family home in a desirable location near Tufts University, Teele Square, and Davis Square. Offering a strong rental history and proven cash flow, this property provides immediate rental income with long-term potential. Both units feature 4 bedrooms and 2 full baths. The first unit offers a comfortable two-level layout, while the second unit occupies the upper two floors and features a spacious floor plan with living and dining rooms, dedicated office space, and additional flexible living areas. Both units feature hardwood floors, updated kitchens and bathrooms, and forced-air heating. Additional highlights include a high-ceiling basement with laundry and ample storage, a composite deck, front porch, and three off-street parking spaces. Recent improvements include vinyl siding, composite decking, and a newer roof approximately 7–9 years old. A great opportunity for investors or owner-occupants seeking a well-maintained two-family property in a convenient Somerville location.
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EXIT

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