205 College Ave, Somerville MA 02144
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
Adjust the payment calculatorTrack this home for price, status, and open-house alerts.
Open House Schedule
About this home
Exceptional Three-Family Investment Opportunity Directly Across from Tufts University!Ideally situated on highly desirable College Avenue, this well-maintained three-family property offers 11 bedrooms, 5 bathrooms, and an outstanding opportunity to acquire an established income-producing investment property in one of Somerville’s most sought-after rental locations.Currently generating $167,100 in annual rental income for 2026–2027, with contracted income increasing to $170,700 for 2027–2028, the property is leased through May 2028, providing immediate cash flow and income stability, with leases extending through May 2028. With two units renewed at existing rental rates, there is additional potential for future rental growth.Proudly owned and maintained by the same owner for over 32 years, this property has enjoyed a longstanding history of consistent occupancy and dependable rental income. The features include updated kitchens and bathrooms, beautiful hardwood floors, inviting front and rear porches, basement laundry facilities, generous storage space, and off-street tandem parking for at least three vehicles.An additional investment advantage is the property's separately metered utilities. Each apartment has separate gas, electric, and water meters, along with individual heating and hot water systems. Tenants pay their own gas and electricity, while water usage is billed by the owner based on individual unit meter readings. This arrangement helps minimize owner-paid operating expenses.The location is truly exceptional—directly across from Tufts University and just a short distance from the Medford/Tufts Green Line station and the Joyce Cummings Center. Nearby university athletic and recreational facilities, vibrant Davis Square, Red Line connections, and convenient access to I-93 and downtown Boston further enhance the property's appeal.An outstanding opportunity to acquire a well-maintained, established investment property combining a premier university location, strong rental history, contracted rental income, and potential for future growth.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Price & Status History
Property Timeline
Listed for Sale
Oct 13, 2026| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/13/2026 | 🏠 Listed for Sale | $2,288,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $20,262 | $1,845,400 |
Financial Details
Facts & Features
Home Facts
Investment Metrics
Interior
Exterior
Parking
Utilities
Financial
HOA & Community
MA Disclosures
Additional Details
Property Overview
Floor Layout
Interior Features
Construction & Materials
Utilities & Systems
Exterior & Lot
Parking & Garage
Nearby Schools
Elementary Schools
9 schoolsMiddle Schools
1 schoolHigh Schools
2 schoolsMonthly Payment Calculator
Monthly Payment Breakdown
Loan Summary
Rate Impact
Payment Over Time
Location
Neighborhood
Tufts University
205 College Ave, Somerville MA 02144
Somerville, MA 02144
Listing Information
Contact Us
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...