53 Prescott St, Somerville MA 02143

Somerville, MA 02143
$1,289,000
Est. $6,861/month
5
Beds
2.5
Baths
2,941
Sq Ft
$438
Price/Sq Ft
0.13
Acres
1870
Year Built
2 Family - 2 Units Up/Down
Type
50
Days on Market
Active Price Drop -$210,999 Listed Sep 26, 2025 • MLS# 73414834

About this home

Investment Opportunity – Multi-Family Residential (MFR) Property in Somerville, Don’t miss this incredible opportunity to own a versatile multi-family home just minutes from the Green Line station and only 15 minutes from downtown Boston! This prime-location property includes 3 parking garages—a rare and valuable perk for urban living—and even has potential for an ADU (Accessory Dwelling Unit), offering additional income or flexible living space. With unbeatable access to public transit, strong rental potential, and proximity to shops, dining, and downtown amenities, this home is perfect for investors or homeowners seeking a high-value asset. Whether you're expanding your portfolio or seeking a property that generates a return on investment, this opportunity offers endless potential. Schedule your showing today—this won’t last long! Viewings commence from the open house.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1870
Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,941 sq ft
Total Rooms
10
Stories
3
Levels
3

Interior Features

Has Fireplace
No
Basement Details
Unfinished

Exterior & Structure

Roof
Shingle
Foundation
Block
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.13 acres
Lot Size
5,650 sq ft
Lot Size Area
0.1300
Road Frontage Type
Public

Parking & Garage

Garage Spaces
3
Has Garage
Yes
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Paved
Covered Parking Spaces
3

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
110 Volts

Community & HOA

Community Features
Public Transportation, Shopping, Park, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$12,683
Tax Year
2024
Tax Assessed Value
$1,215,000
Parcel Number
756598
Zoning
NR

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Seller Disclosure:The property is being sold in as-is condition. The seller and listing agent make no guarantees, warranties, or representations of any kind. It is the sole responsibility of the buyer and the buyer’s agent to conduct their due diligence.

Location

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Neighborhood

53 Prescott 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 $1,057
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Aug 7, 2025
$1,289,000
Original listing
Agent: Ranjan Thapa Office: GR8 Real Estate LLC

Price & Status History

Date Event Price Change
Aug 7, 2025 New Listing Added $1,289,000

Market Statistics

Days on Market
50 days
Price per Sq Ft
$438
Total Price Drop
-$210,999

Tax History

Year Taxes Assessment
2024 $12,683 $1,215,000

Financial Details

Annual Property Tax
$12,683
Tax Year 2024
Assessed Value
$1,215,000

Listing Information

Listing Agent Ranjan Thapa
Listing Office GR8 Real Estate LLC
Agent MLS ID CN256783
Office MLS ID AN7892

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