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17 Otis St, Somerville MA 02145

Somerville, MA 02145
$2,150,000
Est. $11,443/month
12
Beds
6
Baths
3,800
Sq Ft
$566
Price/Sq Ft
0.08
Acres
2020
Year Built
5-9 Family
Type
19
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73141057

About this home

This 6-family building had a complete renovation in 2020, with a new HVAC, Electric and plumbing systems. All apartments are fresh with beautiful new wood floors, kitchens, and baths. Each unit has a three mini-split system, one in each bedroom and one for the common area. A generous landscape area is in the back to enjoy the summer days. This street is usually quiet as it is located on a one-way street and is close walking distance to green/orange subway lines (T stop). There is a dedicated storage area for each unit in the basement and a W/D coin-operated matching. Each team has a water line/meter connection and separate utilities to allow a condo conversion for each unit.

Sale Statistics

Sale Overview
Original List Price: $2,185,000
Final Sale Price: $2,150,000
Difference: $35,000 (-1.6%)
Performance Metrics
98.4%
List to Sale Ratio
Sold below asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $575
Sale $/sq ft: $566
This property sold for $566 per square foot
Sale Summary

This property sold for 1.6% below the original asking price.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
5-9 Family
Property Category
Residential Income
Year Built
2020
Bedrooms
12
Full Bathrooms
6
Living Area
3,800 sq ft
Total Rooms
12
Stories
3
Levels
3

Interior Features

Flooring
Wood
Has Fireplace
No
Interior Features
Laundry Room
Basement Details
Unfinished

Exterior & Structure

Construction Materials
Frame
Foundation
Concrete Perimeter
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,500 sq ft
Lot Size Area
0.0800

Parking & Garage

Has Garage
No
Parking Features
Paved Drive, On Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$20,082
Tax Year
2023
Tax Assessed Value
$0
Parcel Number
759952
Zoning
NR

Additional Details

Year Built Source
Owner
Year Built Details
Unknown/Mixed
Disclosures
All 6 units has similar layout and currenly used as 2 bedrooms with a small dining area without a living room. The seller has real estate license.The building is fully listed with income of 12600$ per month

Location

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Neighborhood

17 Otis St, Somerville MA 02145

Somerville, MA 02145

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,674
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.6%
Price Range
21
Total Days on Market

Property Timeline

âś“
Sold
Oct 16, 2023
$2,150,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Jul 26, 2023
$2,185,000
Original listing

Price & Status History

Date Event Price Change
Jul 26, 2023 New Listing Added $2,185,000 —

Market Statistics

Days on Market
19 days
Price per Sq Ft
$566

Tax History

Year Taxes Assessment
2023 $20,082 $0

Financial Details

Annual Property Tax
$20,082
Tax Year 2023
Assessed Value
$0

Listing Information

Listing Agent Vito Neshev
Listing Office MySellerAgent.com
Agent MLS ID CN246960
Office MLS ID AN7046

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