Prime investment opportunity in the heart of Somerville! This 3-family property offers roughly 3,700 sqft of living space across three spacious units, generating great rental income. Each unit features large living areas, in-unit dishwashers, and ample natural light, with a mix of 3-4 bedrooms per unit. Off-street parking and a paved driveway add convenience. Located near Porter Square, Harvard University, Whole Foods, and public transportation, this property is perfect for investors or owner-occupants. Additional highlights include separately metered electric, natural gas heating, vinyl siding, and a full basement with exterior access. Don’t miss this opportunity to own a high-income property in one of Somerville’s most desirable locations!
Sale Statistics
Sale Overview
Original List Price:$1,995,000
Final Sale Price:$1,835,000
Difference:
$160,000 (-8.0%)
Performance Metrics
92.0%
List to Sale Ratio
Sold below asking price
33
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$539
Sale $/sq ft:$496
This property sold for $496 per square foot
Sale Summary
This property sold for 8.0% below the original asking price.
The property spent 33 days on market before selling.
Facts & Features
Property Overview
Property Type
3 Family - 3 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
11
Full Bathrooms
4
Living Area
3,700 sq ft
Total Rooms
21
Stories
3
Levels
3
Interior Features
Flooring
Wood, Tile, Vinyl
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator
Interior Features
Laundry Room, Living Room, Kitchen
Basement Details
Full, Unfinished
Exterior & Structure
Construction Materials
Frame, See Remarks
Roof
Other
Foundation
Stone
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.09 acres
Lot Size
3,797 sq ft
Lot Size Area
0.0900
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Paved Drive, Off Street, On Street, Paved
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Individually Metered
Community & HOA
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Highway Access, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$16,541
Tax Year
2024
Tax Assessed Value
$1,572,300
Parcel Number
M:64 B:C L:20,756873
Zoning
RB
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Location
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Neighborhood
361 Washington St, Somerville MA 02143
Somerville, MA 02143
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$1,378
Homeowners Insurance$200
PMI$0
Property History
Market Insights
4.7%
Price Range
35
Total Days on Market
Property Timeline
✓
Sold
Apr 14, 2025
$1,835,000
Property sold
Days on Market: 35
🏠
Listed for Sale
Mar 4, 2025
$1,925,000
Original listing
Agent: The Sarkis TeamOffice: Douglas Elliman Real Estate - The Sarkis Team
Date
Event
Price
Change
$/sqft
Details
04/14/2025
✓
Sold
$1,835,000
-
-
Property sold
03/04/2025
🏠
Listed for Sale
$1,925,000
-
-
Original listing
Price & Status History
Date
Event
Price
Change
Mar 4, 2025
New Listing Added
$1,925,000
—
Market Statistics
Days on Market
33 days
Price per Sq Ft
$496
Tax History
Year
Taxes
Assessment
2024
$16,541
$1,572,300
Financial Details
Annual Property Tax
$16,541
Tax Year 2024
Assessed Value
$1,572,300
Listing Information
Listing AgentThe Sarkis Team
Listing OfficeDouglas Elliman Real Estate - The Sarkis Team
