166 Albion St Somerville — Photo 1 of 34
$1,499,000
Investment Analysis — 166 Albion St
Somerville, MA 02144
Based on rent reported on the MLS listing, a 2-unit multi-family in 02144 carries $7,975/mo in gross rent — about a 3.95% cap rate and $59,257/yr in estimated NOI at the $1,499,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
2,530
Style
Multi Family
Built
1910
A proven Somerville investment in one of the area's most connected locations! Positionedbetween Davis Square, Porter Square, and Magoun Square, 166 Albion Street offers convenientaccess to multiple MBTA stops, vibrant neighborhood amenities, and some of Somerville's mostsought-after destinations. This well-maintained two-family has delivered over a decade ofconsistent ownership and 0% vacancy, providing a strong track record of rental stability.Both units feature hardwood floors, updated kitchens and baths, high ceilings, and functionallayouts that appeal to today's rental market. Long-term tenants on the highly desirableSeptember 1st leasing cycle provide immediate stability for the next owner while allowing theproperty to benefit from the continued strength of the surrounding rental market.The neighborhood continues to evolve, with condo conversions, new businesses, improved transitaccess, and strong pride of ownership throughout the area. For an investor seeking a turnkey,income-producing two-family with an established rental history and long-term upside, 166Albion Street is a compelling opportunity.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Listing Agent: Ad Advisors Team
Listing Office: Block Realty
MLS® Number: 73580677