Fully leased, lead-compliant 4-family in the heart of Union Square, steps to the Union Square Green Line station. 4,233 sq ft with two 1-bedroom and two 2-bedroom units, a two-car garage and driveway. Current gross rent is $10,750 per month ($129,000 per year), with all leases running through August 2027. Tenants pay their own heat and electricity. All four units hold Letters of Full Deleading Compliance (August 2026). Updated laundry and cosmetic improvements. UR zoning offers long-term upside for investors and developers. Walk to Bow Market, restaurants and shops, with quick access to Assembly Row, Cambridge, Route 93 and downtown Boston. An income property in one of Greater Boston's most sought-after neighborhoods.
This home has been viewed 4 times
Last Checked: November 3rd, 2026 at 11:18am (Source: MLS PIN #73597939)
Gross Income: $129,000
Gross Expenses: $17,454
Net Income Calc: $111,546
Water Views
Annual Expenses for 202 Washington St, Somerville MA 02143
Total Gross Expenses (Calculated)$17,454/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax17454
Annual Income & Unit Breakdown for 202 Washington St, Somerville MA 02143
Total Gross Income (Calculated)$129,000
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms2
Bathrooms2 Full, 1 Half
Floor3
Levels in Unit1
Rent Includes
General Information for 202 Washington St, Somerville MA 02143
Listing ID73597939
Property TypeMulti Family / 4 Family
Price2220000 ($524.45/SqFt)
Style4 Family - 4 Units Up/down
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total4233
Approximate Lot Size (Acres)0.06
Total Parking4 (2 Garage)
Garage Parking2
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
ZoningUR
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 202 Washington St, Somerville MA 02143
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 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 202 Washington St, Somerville MA 02143
Real Estate Taxes17454
Tax Year2026
Assessed Value$1,589,600
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 202 Washington St, Somerville MA 02143
Elementary SchoolArgenziano
Middle SchoolArgenziano
High SchoolSomerville High
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 202 Washington St, Somerville MA 02143