433 Medford, Somerville MA 02145

Somerville, MA 02145
$1,420,000
Est. $7,558/month
8
Beds
3
Baths
5,318
Sq Ft
$267
Price/Sq Ft
0.06
Acres
1900
Year Built
4 Family
Type
57
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73325651

About this home

Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last long—act now to secure your investment in this desirable neighborhood!

Sale Statistics

Sale Overview
Original List Price: $1,500,000
Final Sale Price: $1,420,000
Difference: $80,000 (-5.3%)
Performance Metrics
94.7%
List to Sale Ratio
Sold below asking price
57
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $282
Sale $/sq ft: $267
This property sold for $267 per square foot
Sale Summary

This property sold for 5.3% below the original asking price.

The property spent 57 days on market before selling.

Facts & Features

Property Overview

Property Type
4 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
8
Full Bathrooms
2
Half Bathrooms
2
Living Area
5,318 sq ft
Total Rooms
18
Stories
4
Levels
4

Interior Features

Flooring
Wood
Has Fireplace
No
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Other
Exterior Features
Other
Patio/Porch Features
Porch, Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.06 acres
Lot Size
2,584 sq ft
Lot Size Area
0.0600
Lot Features
Other
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Parking Features
Other

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, Other (See Remarks)

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$0
Tax Year
2024
Tax Assessed Value
$1,418,300
Parcel Number
754758
Zoning
Mixed use
Financial Data Source
Other (See Remarks)

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Picture of units were prior to tenants moving in. The information provided herein is deemed to be reliable, but Buyer and/or Buyer's Agent are responsible for verifying all information to their satisfaction as part of their due diligence.

Location

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Neighborhood

433 Medford, 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 $0
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.3%
Price Range
57
Total Days on Market

Property Timeline

Sold
May 28, 2025
$1,420,000
Property sold
Days on Market: 57
🏠
Listed for Sale
Jan 13, 2025
$1,500,000
Original listing
Agent: Zachary Conley Office: NextGen Realty, Inc.

Price & Status History

Date Event Price Change
Jan 13, 2025 New Listing Added $1,500,000

Market Statistics

Days on Market
57 days
Price per Sq Ft
$267

Tax History

Year Taxes Assessment
2024 $0 $1,418,300

Financial Details

Annual Property Tax
$0
Tax Year 2024
Assessed Value
$1,418,300

Listing Information

Listing Agent Zachary Conley
Listing Office NextGen Realty, Inc.
Agent MLS ID CN204645
Office MLS ID BB9279

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