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 |
| Issued | Type / Work | Status | Value |
|---|---|---|---|
| Jul 1, 2019 |
Building Permit
Residential Renovation
unit 1- kitchen and bath upgrade, replace interior doors, painting
TAKING OVER PERMIT B18-001993
By WEIHUA DONG
#5288068
|
Closed | $220 |
| May 8, 2019 |
Gas Fitting
Residential - Existing
KITCHEN STOVE
#5168559
|
Closed | $60 |
| May 8, 2019 |
Plumbing Permit
Residential - Existing
RENOVATION FULL BATH, KITCHEN.
#5168558
|
Closed | $90 |
| Mar 10, 2019 |
Building Permit
Residential Renovation
unit 1 - KITCHEN AND BATH UPGRADE, REPLACE INTERIOR DOORS, PAINTINGS.
HOMEOWNER REMOVED CONTRACTOR SEE ATTACHED LETTER -…
By Michael Leung
#4668429
|
Closed | $1,020 |
| Jan 23, 2019 |
Electrical Permit
Residential
(1)install public meter.(2)wire remodeling kitchen and bath room.
By Changwen Mai
#4945600
|
Closed | $149 |
| Jan 23, 2019 |
Electrical Permit
Residential
First floor main electrical panel inspection.(disconnected by power company)
By Changwen Mai
#4937471
|
Closed | $30 |
| May 10, 2015 |
Electrical Permit
Residential
Re attach the over head service
By Jairo De Leon
#2158304
|
Closed | $30 |
| Jan 6, 2015 |
Electrical Permit
Residential
adding two porch lights, two receptacles
By Jairo De Leon
#2012360
|
Closed | $45 |
| Sep 4, 2014 |
Building Permit
Residential Repair
Remove existing deck, build a new one ,existing footage remains
By Gilberto Mendes
#1835751
|
Closed | $228 |
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.
Based on 2 similar properties sold within 0.5 miles in the last 90 days
This property sold below the area average, potentially representing good value for the buyer.
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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