Exceptional value-add opportunity in Somerville’s highly desirable Union Square/Boynton Yards neighborhood. MR5 zoning may offer additional potential through future expansion or redevelopment, w/ the possibility of increasing living area and rental income, subject to zoning, permitting and other applicable approvals (buyer to independently verify). 63 Webster Ave is a well-maintained 3-family offering approximately 3,336 square feet of living area with 15 rooms, 9 bedrooms & 3 baths. Ideally located steps from the Union Square Green Line T station, with convenient access to Cambridge, Kendall Square, Inman Square and Boston. Fully leased until 8/31/2027. Numerous capital improvements include roof replacement, updated siding and hardwood floors, electrical upgrades, basement coin-operated laundry, driveway pavers, a fully renovated first-floor apartment, and recent basement plumbing and concrete work. Current rents are below market, creating future income-growth potential, while MR5 zoning offers an additional avenue to unlock value through future expansion or redevelopment. Backyard patio & 1-car off-street parking. Private showings w/ 24 hours notice.
This home has been viewed 6 times
Last Checked: October 24th, 2026 at 4:29am (Source: MLS PIN #73588742)
Gross Income: $110,400
Gross Expenses: $26,227
Net Income Calc: $84,173
Water Views
Annual Expenses for 63 Webster Ave, Somerville MA 02143
Total Gross Expenses (Calculated)$26,227/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax17513
Annual Income & Unit Breakdown for 63 Webster Ave, Somerville MA 02143
Total Gross Income (Calculated)$110,400
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 63 Webster Ave, Somerville MA 02143
Listing ID73588742
Property TypeMulti Family / 3 Family
Price1625000 ($488.43/SqFt)
Style3 Family
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3327
Approximate Lot Size (Acres)0.05
Total Parking1
Garage Parking0
Year Built1910
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 Space
ZoningMR5
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 63 Webster Ave, 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 SourceEstimated
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 63 Webster Ave, Somerville MA 02143
Real Estate Taxes17513
Tax Year2026
Assessed Value$1,595,000
Financial Data SourceEstimated
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 63 Webster Ave, Somerville MA 02143
High SchoolSomerville High
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 63 Webster Ave, Somerville MA 02143