52 Burnside Ave Somerville — Photo 1 of 36
$1,100,000
Investment Analysis — 52 Burnside Ave
Somerville, MA 02144
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 02144 carries an estimated $10,920/mo in gross rent — about a 7.48% cap rate and $82,260/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
3,396
Style
3 Family - 3 Units Up/Down
Built
1920
Opportunity abounds with this large three family home located between Porter and Davis Square. With over 5000 total square feet of interior space, three car parking on a large lot of land, the potential is endless. First and second floor are spacious two-bedroom/one-bathroom units. The third-floor unit offers an oversized two-bedroom/one bathroom unit with vaulted ceilings, skylights, a wood-burning stove and washer/dryer hook ups. Located half a mile from Porter and Davis Square T stations as well as multiple bus stops along Elm Street. Whether you’re looking to expand your portfolio, complete a renovation project, or create your ideal multi-family residence, this property presents an exciting opportunity in a prime location.
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 MLS and other third-party data may be inaccurate or out of date.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: The Team Real Estate Advisors
Listing Office: Coldwell Banker Realty - Cambridge
MLS® Number: 73581470