82 Electric Ave, Somerville MA 02144
Somerville, MA 02144 • Teele Square
$1,437,500
$1,395,000
Est. $8,546/month
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About this home
Presenting a distinguished two-family residence at 82 Electric Ave in Somerville. Built in 1900, this well-maintained property offers 3,335 square feet of living space on a 4,172 square foot lot and features a total of 5 bedrooms, 2 full bathrooms, and a 2-car garage.Combining classic character, generous living space, and a highly desirable Somerville location, this property presents an exceptional opportunity for investors, owner-occupants, or buyers seeking a versatile multi-family residence.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
3%
Price Range
Property Timeline
Price Reduced
Aug 17, 2026
$1,395,000
$42,500
(-2.96%)
From $1,437,500 to $1,395,000 (-3.0%)
Listed for Sale
Jun 24, 2026
$1,395,000
Original listing
Agent: Mario Capone
Office: Cambridge Realty Group, Inc.
Listed for Sale
Jun 24, 2026
$1,437,500
Original listing
Agent: Mario Capone
Office: Cambridge Realty Group, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/17/2026 | ↓ Price Reduced | $1,395,000 | $42,500 | - | From $1,437,500 to $1,395,000 (-3.0%) |
| 06/24/2026 | 🏠 Listed for Sale | $1,395,000 | - | - | Original listing |
| 06/24/2026 | 🏠 Listed for Sale | $1,437,500 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $15,505 | $1,412,100 |
Financial Details
Annual Property Tax
$15,505
Tax Year 2026
Assessed Value
$1,412,100
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1900
Living Area
3,335 sq ft
Lot Size
0.10 acres
Stories
4
Bedrooms
5
Full Baths
2
Total Rooms
11
Investment Metrics
Units
2
Unit 1 Rent
$2,900/mo · Y
Unit 2 Rent
$4,000/mo · Y
Total Monthly Rent
$6,900/mo
Gross Income
$82,800
Net Operating Income
$82,800
Cap Rate
5.94%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full, Unfinished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Enclosed, Deck, Patio
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved Drive, Off Street
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$15,505
Assessed Value
$1,412,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
All Information Provided Is Deemed Reliable But Is Not Guaranteed And Should Be Independently Verified. The Seller And Seller’s Agent Assume No Responsibility For The Accuracy Or Completeness Of The Information Contained In This Listing. Buyer And Buyers Agent To Do Their Own Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
16 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
3,335 sq ft
Total Rooms
11
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,335 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Enclosed, Deck, Patio
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Other
Stories:
4
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch, Enclosed, Deck, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Somerville School District local
B-
School Safety
2024-25
2.5%
Average
1.4%
Suspensions
2.2%
In-School
1.1%
Emergency
3.0% below state avg
Elementary Schools
9 schools
A
John F Kennedy School
1.1 mi
|
#50 of 352
|
Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students
Diverse
Grades PK-08
St. Theresa of the Child Jesus School
1.4 mi
Grades PK-08
C+
Arthur D Healey School
1.6 mi
|
#236 of 352
|
Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
2.2 mi
|
#134 of 352
|
Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
C-
Winter Hill Community School
2.2 mi
|
#287 of 352
|
Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students
Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
2.3 mi
|
#245 of 352
|
Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students
Diverse
Grades PK-08
Tufts Educational Day Care Center
0.3 mi
Grades PK-K
A+
Benjamin G Brown School
0.7 mi
|
#78 of 824
|
Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students
Diverse
Strong Attendance
Grades K-05
Capuano Early Childhood Center
2.4 mi
250 students
Very Diverse
Diverse Student Body
Grades PK-01
Middle Schools
1 school
Next Wave Junior High School
1.9 mi
16 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
2 schools
F
Full Circle High School
1.9 mi
|
#344 of 346
|
Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students
Diverse
Rising School
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
B+
Somerville High School
1.9 mi
|
#131 of 346
|
Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students
Diverse
17 sports
• 1,566 athletes
Rising School
Career Tech Programs
Strong Athletics
Diverse Student Body
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,292
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Teele Square
82 Electric Ave, Somerville MA 02144
Somerville, MA 02144
Listing Information
Listing Agent
Mario Capone
Listing Office
Cambridge Realty Group, Inc.
Office Phone
617-661-6600
Agent MLS ID
CN258255
Office MLS ID
AC1762
Listing Data Updated
Aug 21, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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