71 Berkeley St, Somerville MA 02143

Somerville, MA 02143
$1,500,000
Est. $7,984/month
8
Beds
4
Baths
4,635
Sq Ft
$324
Price/Sq Ft
0.11
Acres
1900
Year Built
2 Family - 2 Units Up/Down
Type
6
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73378323

About this home

Don’t miss this exceptional investment or owner-occupied opportunity in Somerville! This well-maintained two-family home offers solid rental potential and long-term value in a highly sought-after neighborhood. The first-floor unit features a classic layout with five rooms, two bedrooms, and a full bath, including a spacious dining area and formal living room. The second and third floors include five bedrooms and two full baths, plus a bonus room ideal for an office. Uniquely, the 3rd level and lower level also include separate entrances. The Lower level, finished by prior owners, consists of a kitchenette and full bath, opening up endless opportunity. Off-street parking is abundant with the expansive paved driveway. Unit 2 is currently vacant. Unit 1 is occupied W/ TAW. Gas and Electric on separate meters. LL and 1st for on 1 meter, all upper levels on 2nd meter. Showings begin at OH 5/24 12-3

Sale Statistics

Sale Overview
Original List Price: $1,600,000
Final Sale Price: $1,500,000
Difference: $100,000 (-6.3%)
Performance Metrics
93.8%
List to Sale Ratio
Sold below asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $345
Sale $/sq ft: $324
This property sold for $324 per square foot
Sale Summary

This property sold for 6.3% below the original asking price.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
8
Full Bathrooms
4
Living Area
4,635 sq ft
Total Rooms
17
Stories
4
Levels
4

Interior Features

Flooring
Tile, Hardwood
Heating
Electric
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator
Interior Features
Living Room, Dining Room, Kitchen, Sunroom, Office/Den
Basement Details
Finished

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
5,000 sq ft
Lot Size Area
0.1100
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

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

Financial & Tax Information

Annual Tax Amount
$13,869
Tax Year
2025
Tax Assessed Value
$1,271,200
Parcel Number
M:51 B:A L:25,755199
Zoning
RA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Unit 1 is currently occupied with a TAW utilities incl. Public records include Br and Ba in LL. Estimate of $5500 monthly rent used for 5BR second unit. The Gross and Net Income are estimates based on this projected rent. Buyers due diligence on all rental projections and income projections.

Location

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Neighborhood

71 Berkeley St, Somerville MA 02143

Somerville, MA 02143

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 $1,156
Homeowners Insurance $200
PMI $0

Property History

Market Insights

6.3%
Price Range
88
Total Days on Market

Property Timeline

Sold
Jul 18, 2025
$1,500,000
Property sold
Days on Market: 88
🏠
Listed for Sale
May 21, 2025
$1,600,000
Original listing
Office: Cameron Prestige - Amesbury

Price & Status History

Date Event Price Change
May 21, 2025 New Listing Added $1,600,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$324

Tax History

Year Taxes Assessment
2025 $13,869 $1,271,200

Financial Details

Annual Property Tax
$13,869
Tax Year 2025
Assessed Value
$1,271,200

Listing Information

Listing Agent Matthew Dasilva
Listing Office Cameron Prestige - Amesbury
Agent MLS ID CN257382
Office MLS ID AN5155

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