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16 Curtis Street, Somerville MA 02144

Somerville, MA 02144 • Teele Square
$1,500,000
Est. $7,984/month
6
Beds
3
Baths
3,425
Sq Ft
$438
Price/Sq Ft
0.11
Acres
1910
Year Built
3 Family
Type
23
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73187019

About this home

Rare Investment Opportunity:Welcome to this unique investment proposition in the heart of Somerville. This 3-family building stands out as a prime asset, fully leased with leases extending through the summer of 2024.Offering a consistent and reliable income stream, this property offers immediate returns for the discerning investor. The potential for rent increases adds a lucrative dimension to your investment strategy, allowing you to capitalize on the dynamic rental market in Somerville.Meticulously maintained, this well-cared-for building contributes to long-term value, making this an attractive investment for both seasoned investors and those entering the market.Positioned in prime Teele Square and a short walk to Davis Square and the Red Line T Stop, with convenient access to amenities, and the vibrant cultural scene of Somerville. This sought-after neighborhood further enhances the property's desirability. Offers due Monday by 5:00PM.

Sale Statistics

Sale Overview
Original List Price: $1,499,000
Final Sale Price: $1,500,000
Difference: +$1,000 (+0.1%)
Performance Metrics
100.1%
List to Sale Ratio
Sold above asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $438
Sale $/sq ft: $438
This property sold for $438 per square foot
Sale Summary

This property sold for 0.1% above the original asking price, indicating strong buyer demand.

With only 23 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1910
Bedrooms
6
Full Bathrooms
3
Living Area
3,425 sq ft
Total Rooms
15
Stories
4
Levels
4

Interior Features

Has Fireplace
Yes
Number of Fireplaces
2
Basement Details
Full

Exterior & Structure

Foundation
Block
Exterior Features
Balcony, Rain Gutters
Patio/Porch Features
Porch, Deck, Deck - Wood
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
4,791 sq ft
Lot Size Area
0.1100
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
7
Parking Features
Paved Drive, Off Street
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, 100 Amp Service

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$15,375
Tax Year
2023
Tax Assessed Value
$1,487
Parcel Number
747983
Zoning
RA

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Roof is around 5 years old. New Electric panels for all 3 units, new Common panel and new main panel. New smoke detectors throughout the property, both wired and wireless. New 1st and 2nd floor rear porches and new front porch April 2021 with new outlet. There are many other updates throughout.

Location

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Neighborhood

Teele Square

16 Curtis Street, Somerville MA 02144

Somerville, MA 02144

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 $1,281
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0.1%
Price Range
20
Total Days on Market

Property Timeline

✓
Sold
Mar 7, 2024
$1,500,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Dec 13, 2023
$1,499,000
Original listing
Agent: Romeo Zeqo Office: Best Boston Realty, LLC

Price & Status History

Date Event Price Change
Dec 13, 2023 New Listing Added $1,499,000 —

Market Statistics

Days on Market
23 days
Price per Sq Ft
$438

Tax History

Year Taxes Assessment
2023 $15,375 $1,487

Financial Details

Annual Property Tax
$15,375
Tax Year 2023
Assessed Value
$1,487

Listing Information

Listing Agent Romeo Zeqo
Listing Office Best Boston Realty, LLC
Agent MLS ID CN223784
Office MLS ID AN4743

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