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63 Webster Ave Somerville — Photo 1 of 21

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.

View Standard Listing

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

Original Price$1,625,000
Annual Taxes$17,513

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms15
FireplacesNone
FlooringHardwood, Stone/Ceramic Tile
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationStone, Brick/Mortar
ZoningMR5

Property & Lot

Acres0.05
SqFt Lot2,353
Lot FeaturesGentle Sloping

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Property History

Listed
$1,625,000

Sep 23, 2026

MLS® 73581719

Sold
$3,150

Jul 19, 2025

MLS® 73391126

Listed
$3,150

Jun 14, 2025

MLS® 73391126

Listing Provided By

Listing Agent: Ed Abrams

Listing Office: RE/MAX Destiny

MLS® Number: 73581719