Active
1 Days on market
63 Webster Ave Somerville — Photo 1 of 21

63 Webster Ave Somerville — Photo 1 of 21

$1,625,000

63 Webster Ave, Somerville, MA 02143

Somerville, MA 02143

Investor Analysis

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

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$488/sqft
Local Avg (Somerville)$507/sqft
4% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.

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

Population

25,513

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$131K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

69.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Ed Abrams

Listing Office: RE/MAX Destiny

MLS® Number: 73581719

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