
63 Webster Ave Somerville — Photo 1 of 21
$1,625,000
Investment Analysis — 63 Webster Ave
Somerville, MA 02143
Based on rent reported on the MLS listing, a 3-unit multi-family in 02143 carries $9,226/mo in gross rent — about a 4.10% cap rate and $66,628/yr in estimated NOI at the $1,625,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
3,327
Style
3 Family
Built
1910
Exceptional value-add opportunity in Somerville’s highly desirable Union Square/Boynton Yards neighborhood. MR5 zoning may offer additional potential through future expansion or redevelopment, w/ the possibility of increasing living area and rental income, subject to zoning, permitting and other applicable approvals (buyer to independently verify). 63 Webster Ave is a well-maintained 3-family offering approximately 3,336 square feet of living area with 15 rooms, 9 bedrooms & 3 baths. Ideally located steps from the Union Square Green Line T station, with convenient access to Cambridge, Kendall Square, Inman Square and Boston. Fully leased until 8/31/2027. Numerous capital improvements include roof replacement, updated siding and hardwood floors, electrical upgrades, basement coin-operated laundry, driveway pavers, a fully renovated first-floor apartment, and recent basement plumbing and concrete work. Current rents are below market, creating future income-growth potential, while MR5 zoning offers an additional avenue to unlock value through future expansion or redevelopment. Backyard patio & 1-car off-street parking. Group showings only. Thursday 9/24 at noon; Friday 9/25 at 5:30 pm; Saturday 9/26 at noon, Monday 9/28 at 5:30 pm. Offer deadline, Wednesday 9/30 at 1 pm
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Property History
$1,625,000
Sep 23, 2026
MLS® 73581719
$3,150
Jul 19, 2025
MLS® 73391126
$3,150
Jun 14, 2025
MLS® 73391126
Listing Agent: Ed Abrams
Listing Office: RE/MAX Destiny
MLS® Number: 73581719