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16 Electric Ave, Somerville MA 02144

$1,650,000

Estimated $4,011/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $825,000

Total Rent: 99600/year

Estimated CAP Rate:

7 Bedrooms

Baths

3115

Total Parking: 2

3,150 (0.07)

Rare opportunity to own a spacious two-family home in a desirable Somerville location near Tufts University, Teele Square, and Davis Square! Unit 1 features a spacious living room, dining room, kitchen, three bedrooms, and one full bath. Unit 2 offers a living room, dining room, kitchen, four bedrooms, and one and a half baths. Both units feature generous living spaces, hardwood flooring, and in-unit laundry. Outdoor amenities include a welcoming front porch, rear deck, and off-street parking for two cars. Enjoy convenient access to Red and Green Line stations, restaurants, shopping, and entertainment. An excellent opportunity for investors or owner-occupants seeking flexible living arrangements and rental income potential in a vibrant Somerville neighborhood.

This home has been viewed 25 times

Last Checked: October 20th, 2026 at 5:03am (Source: MLS PIN #73591504)

Gross Income: $99,600

Gross Expenses: $16,028

Net Income Calc: $83,572

Water Views

Annual Expenses for 16 Electric Ave, Somerville MA 02144

Total Gross Expenses (Calculated)$16,028/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax16028

Annual Income & Unit Breakdown for 16 Electric Ave, Somerville MA 02144

Total Gross Income (Calculated)$99,600

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

Rent Includes

General Information for 16 Electric Ave, Somerville MA 02144

Listing ID73591504

Property TypeMulti Family

Price1650000 ($529.7/SqFt)

StyleMulti Family

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3115

Approximate Lot Size (Acres)0.07

Total Parking2

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningNR

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 16 Electric Ave, Somerville MA 02144

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSurveillance Devices

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 16 Electric Ave, Somerville MA 02144

Real Estate Taxes16028

Tax Year2026

Assessed Value$1,459,700

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 16 Electric Ave, Somerville MA 02144

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 16 Electric Ave, Somerville MA 02144

Agent

Name: Ning Sun

Office

Name: United Real Estate, LLC

Phone: 781-453-8818

Payment Calculator

, Interest

Property Taxes 1335.67

Principal & Interest 10166.78

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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    [unparsed] => 16 Electric Ave, Somerville MA 02144
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EXIT

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