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81 Wheatland St, Somerville MA 02145

$2,395,000

Estimated $5,013/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $798,333.33

Total Rent: 0/year

Estimated CAP Rate:

9 Bedrooms

Baths

3426

Total Parking: 4

4,000 (0.09)

This is a rare chance for investors to acquire a fully renovated multi-family in the heart of Somerville. Whether you’re building a rental portfolio or planning a condo conversion, 81 Wheatland St. is ready to go.Each unit is an identical 3-bedroom, 2-bath layout with its own private deck. The building was taken down to the studs, and everything is brand new: rubber roof, plumbing, electric, vinyl siding, windows, hardwood floors, tiled bathrooms, stunning high-end kitchens, spacious closets and more. The building is also fully sprinkled and intercommed, and it comes with a 1-year builder’s warranty. There are 4 off-street parking spaces and a full basement for storage.You’re moments from Broadway’s shops and restaurants, Foss Park, the Green Line Extension, Assembly Row, Union Square and I-93.Turnkey, identical units make this an easy condo conversion or an income property ready to lease. Don’t miss it!

This home has been viewed 10 times

Last Checked: November 3rd, 2026 at 9:03pm (Source: MLS PIN #73598171)

Gross Income: $0

Gross Expenses: $13,555

Net Income Calc: $13,555

Annual Expenses for 81 Wheatland St, Somerville MA 02145

Total Gross Expenses (Calculated)$13,555/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax13555

Annual Income & Unit Breakdown for 81 Wheatland St, Somerville MA 02145

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 81 Wheatland St, Somerville MA 02145

Listing ID73598171

Property TypeMulti Family / 3 Family

Price2395000 ($699.07/SqFt)

Style3 Family - 3 Units Up/down

CitySomerville

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3426

Approximate Lot Size (Acres)0.09

Total Parking4

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

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 81 Wheatland St, Somerville MA 02145

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Tv's-Brackets To Remain

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 81 Wheatland St, Somerville MA 02145

Real Estate Taxes13555

Tax Year2026

Assessed Value$1,234,500

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 81 Wheatland St, Somerville MA 02145

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 81 Wheatland St, Somerville MA 02145

Agent

Name: Charlotte Press

Office

Name: Compass

Phone: 781-534-9229

Team Members

Name: Hackett & Glessner Team

Payment Calculator

, Interest

Property Taxes 1129.58

Principal & Interest 14757.23

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Charlotte Press

Agent Phone

Office Phone

(781) 534-9229

Text Agent Call Agent Call Office

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EXIT

38 More Photos

Active

81 Wheatland St, Somerville MA 02145

$2,395,000

Annual Expenses for 81 Wheatland St, Somerville MA 02145

Annual Income & Unit Breakdown for 81 Wheatland St, Somerville MA 02145

General Information for 81 Wheatland St, Somerville MA 02145

Disclosures for 81 Wheatland St, Somerville MA 02145

Financial Information for 81 Wheatland St, Somerville MA 02145

Location Information for 81 Wheatland St, Somerville MA 02145

Contact Information for 81 Wheatland St, Somerville MA 02145

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Compass

Charlotte Press