New rare to find fully leased 3 family in coveted Porter Sq. Walking to Porter T stop, bars and excellent culinary cuisines. Blocks away from the Cambridge Line. Excellent rental location and long term upside potential. All units leased until Aug 31, 2017, with 7% escalation clauses if renewed for 2018, turnkey property. Strong credited tenants. Collect positive cash flow from Day 1. Two of three units are in renovated condition with the potential to upgrade Unit 1 and increase income. HW floors. Utilities individually metered, spacious rooms, Maintenance free Vinyl Siding, Laundry coin-op basement 55/mo income, 2nd Floor unit Includes is off-street parking for 150/mo. Large Fenced in yard, Front & Back decks off units. See attached Flr Plan. Open House Thur 12/1 (1p-2pm), Sun 12/4 (1-2pm), Wed 12/7 (1-2p). Only showings @ OH, bids due Thur 12/8 @ Noon
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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2025 | $612,500 | $1,388,800 | $2,001,300 | — |
| Date | Price | Book/Page |
|---|---|---|
| Jun 3, 2022 | $1,700,000 | 80225/0375 |
This property sold for 10.9% above the original asking price, indicating strong buyer demand.
With only 21 days on market, this was a quick sale compared to typical market conditions.
Davis Square
49 Porter St, Somerville MA 02143
Somerville, MA 02143
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/05/2026 | 🏡 Currently Listed | $2,396,000 | - | - | MLS #73513094 - Active |
| 01/06/2017 | ✓ Sold | $1,775,000 | - | - | Property sold |
| 11/30/2016 | 🏠 Listed for Sale | $1,600,000 | - | - | Original listing |
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