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42 Calvin Street, Somerville MA 02143

Somerville, MA 02143 • Inman Square
$4,200,000
$3,975,000
Est. $23,530/month
12
Beds
6
Baths
9,106
Sq Ft
$437
Price/Sq Ft
0.11
Acres
1900
Year Built
90
Days on Market
Active Price Drop -$225,000 Listed Apr 6, 2026 • MLS# 73496731 Copied! • Updated Jul 4, 2026

About this home

Exceptional investment opportunity in one of Somerville’s most desirable locations! This six-unit building features spacious units with flexible floor plans that allow them to function as 3-bedrooms, ideal for roommate living and with strong rental potential. Each apartment offers high ceilings that enhance the sense of space and light, along with private covered back porches. Ideally situated with easy access to Harvard University and the shops and services in vibrant Inman Square, this property places residents at the center of it all. Easy access to Whole Foods Market on Beacon Street, as well as Kirkland Village with its shops and dining destinations. A rare opportunity to own a well-located, income-generating property with strong upside in a thriving rental market. Current lease agreements in place through May 31, 2027.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
5.4%
Price Range

Property Timeline

Price Reduced
Jun 30, 2026
$3,975,000 $225,000 (-5.36%)
From $4,200,000 to $3,975,000 (-5.4%)
👁️
Showing Instructions Updated
Apr 11, 2026
New showing requirements
🏠
Listed for Sale
Apr 7, 2026
$4,200,000
Original listing
Agent: Maggie Dee + Charles Cherney Team Office: Compass

Tax History

Year Taxes Assessment
2026 $38,768 $3,430,900

Financial Details

Annual Property Tax
$38,768
Tax Year 2026
Assessed Value
$3,430,900

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 9,106 sq ft
Lot Size 0.11 acres
Bedrooms 12
Full Baths 6
Total Rooms 30

Investment Metrics

Units 6
Unit 1 Rent $3,700/mo · Y
Unit 2 Rent $3,800/mo · Y
Unit 3 Rent $3,750/mo · Y
Unit 4 Rent $3,750/mo · Y
Total Monthly Rent $15,000/mo
Gross Income $271,800
Net Operating Income $216,710
Operating Expenses $16,322
Water/Sewer Expense $5,618
Electric Expense $1,842
Insurance Expense $8,862
Cap Rate 5.45%
Heating None
Cooling None
Flooring Tile, Hardwood
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch Covered
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $38,768
Assessed Value $3,430,900
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 []
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
12
Full Bathrooms
6
Living Area
9,106 sq ft
Total Rooms
30
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: Rubber
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: Covered
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Parking Features:

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 $3,231
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

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Neighborhood

Inman Square

42 Calvin Street, Somerville MA 02143

Somerville, MA 02143

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.

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42 Calvin Street, Somerville MA 02143 - Photo 1 42 Calvin Street, Somerville MA 02143 - Photo 2 42 Calvin Street, Somerville MA 02143 - Photo 3 42 Calvin Street, Somerville MA 02143 - Photo 4 42 Calvin Street, Somerville MA 02143 - Photo 5 42 Calvin Street, Somerville MA 02143 - Photo 6 42 Calvin Street, Somerville MA 02143 - Photo 7 42 Calvin Street, Somerville MA 02143 - Photo 8 42 Calvin Street, Somerville MA 02143 - Photo 9 42 Calvin Street, Somerville MA 02143 - Photo 10 42 Calvin Street, Somerville MA 02143 - Photo 11
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