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15 Skehan Street, Somerville MA 02143

$1,150,000

Estimated $89,340/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $575,000

Total Rent: 76860/year

Estimated CAP Rate:

6 Bedrooms

Baths

1896

Total Parking: 0

2,550 (0.06)

Prime investment opportunity in Somerville's desirable Kirkland Village neighborhood, conveniently located just moments from Harvard University, Union Square, and Inman Square. Nestled on a quiet residential street, this well maintained two-family home carries a robust rental history, generating nearly $80,000 in gross annual income as of August 2026. Both units feature similar three bedroom layouts, complete with private porches, Recent improvements have been made to Unit 1 (currently vacant) during current ownership, including updated flooring alongside refreshed kitchen finishes and appliances. Unit 2 has longstanding tenants and is leased through August 2027. Other property highlights include a young heating system, updated 100 amp electrical service, basement laundry, and a peaceful, private backyard oasis. With its ideal location, flexible floor plan, and strong turnkey appeal, this property represents an exceptional addition to any real estate portfolio.

This home has been viewed 9 times

Last Checked: October 22nd, 2026 at 9:18am (Source: MLS PIN #73587684)

Gross Income: $76,860

Gross Expenses: $1,049,700

Net Income Calc: $972,840

Annual Expenses for 15 Skehan Street, Somerville MA 02143

Total Gross Expenses (Calculated)$1,049,700/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax1049700

Annual Income & Unit Breakdown for 15 Skehan Street, Somerville MA 02143

Total Gross Income (Calculated)$76,860

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor0

Levels in Unit0

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor0

Levels in Unit0

Rent IncludesHeat

General Information for 15 Skehan Street, Somerville MA 02143

Listing ID73587684

Property TypeMulti Family

Price1150000 ($606.54/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total1896

Approximate Lot Size (Acres)0.06

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

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 Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 15 Skehan Street, Somerville MA 02143

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.

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 15 Skehan Street, Somerville MA 02143

Real Estate Taxes1049700

Tax Year2026

Assessed Value$11,526

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 15 Skehan Street, Somerville MA 02143

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 15 Skehan Street, Somerville MA 02143

Agent

Name: Joshua Drawas

Office

Name: Compass

Phone: 617-206-3333

Payment Calculator

, Interest

Property Taxes 87475

Principal & Interest 7085.93

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Joshua Drawas

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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    [description] => Prime investment opportunity in Somerville's desirable Kirkland Village neighborhood, conveniently located just moments from Harvard University, Union Square, and Inman Square. Nestled on a quiet residential street, this well maintained two-family home carries a robust rental history, generating nearly $80,000 in gross annual income as of August 2026. Both units feature similar three bedroom layouts, complete with private porches,  Recent improvements have been made to Unit 1 (currently vacant) during current ownership, including updated flooring alongside refreshed kitchen finishes and appliances.  Unit 2 has longstanding tenants and is leased through August 2027.  Other property highlights include a young heating system, updated 100 amp electrical service, basement laundry, and a peaceful, private backyard oasis. With its ideal location, flexible floor plan, and strong turnkey appeal, this property represents an exceptional addition to any real estate portfolio.
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EXIT

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