BMN Boston

Get our mobile app!

Download on the App Store

3 Lee Street, Somerville MA 02145

Somerville, MA 02145 • Winter Hill
$1,850,000
Est. $11,121/month
6
Beds
6
Baths
3,425
Sq Ft
$540
Price/Sq Ft
0.07
Acres
1900
Year Built
2
Parking
90
Days on Market
Active Listed Apr 6, 2026 • MLS# 73496734 Copied! • Updated Jul 4, 2026

About this home

This distinctive building offers strong curb appeal and undeniable character. Located on a tree-lined street, the property features six 1-bedroom, 1-bath units, making it an ideal addition to any investor’s portfolio. Front and back porches enhance tenant appeal. The building is equipped with central heat and hot water, providing efficiency and convenience. Paved driveway. Situated in a prime locale, this property offers easy access to the Gilman Square MBTA Green Line Station, connecting to Cambridge, Boston, and beyond. Close proximity to shops, dining, and entertainment. Current lease agreements in place through May 31, 2027.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

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

Property History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Apr 11, 2026
New showing requirements
🏠
Listed for Sale
Apr 7, 2026
$1,850,000
Original listing
Agent: Maggie Dee + Charles Cherney Team Office: Compass

Tax History

Year Taxes Assessment
2026 $18,802 $1,665,400

Financial Details

Annual Property Tax
$18,802
Tax Year 2026
Assessed Value
$1,665,400

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 3,425 sq ft
Lot Size 0.07 acres
Bedrooms 6
Full Baths 6
Total Rooms 18

Investment Metrics

Units 6
Unit 1 Rent $2,450/mo · Y
Unit 2 Rent $2,370/mo · Y
Unit 3 Rent $2,135/mo · Y
Unit 4 Rent $2,525/mo · Y
Total Monthly Rent $9,480/mo
Gross Income $164,340
Net Operating Income $130,019
Operating Expenses $15,519
Water/Sewer Expense $4,222
Electric Expense $633
Insurance Expense $4,725
Cap Rate 7.03%
Heating None
Cooling None
Flooring Tile, Hardwood
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Covered
Features Paved Drive, Off Street
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $18,802
Assessed Value $1,665,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Annual Expenses Are For 2025. Current Lease Agreements In Place Through May 31, 2027.
Possession None
Accepted Financing None
Structure Type []
House Color Yellow
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 89 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
6
Living Area
3,425 sq ft
Total Rooms
18
Stories
5
Levels
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Hardwood
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,567
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

Loading map...

Neighborhood

Winter Hill

3 Lee Street, Somerville MA 02145

Somerville, MA 02145

Listing Information

Listing Agent Maggie Dee + Charles Cherney Team
Listing Office Compass
Office Phone 617-303-0067
Agent MLS ID TM355402
Office MLS ID AN2606
Listing Data Updated Jul 4, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

3 Lee Street, Somerville MA 02145 - Photo 1 3 Lee Street, Somerville MA 02145 - Photo 2 3 Lee Street, Somerville MA 02145 - Photo 3 3 Lee Street, Somerville MA 02145 - Photo 4 3 Lee Street, Somerville MA 02145 - Photo 5 3 Lee Street, Somerville MA 02145 - Photo 6 3 Lee Street, Somerville MA 02145 - Photo 7 3 Lee Street, Somerville MA 02145 - Photo 8 3 Lee Street, Somerville MA 02145 - Photo 9 3 Lee Street, Somerville MA 02145 - Photo 10 3 Lee Street, Somerville MA 02145 - Photo 11 3 Lee Street, Somerville MA 02145 - Photo 12 3 Lee Street, Somerville MA 02145 - Photo 13 3 Lee Street, Somerville MA 02145 - Photo 14 3 Lee Street, Somerville MA 02145 - Photo 15
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour