76-78 Perkins Street, Somerville MA 02145
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Sale Statistics
This property sold for 8.2% below the original asking price.
The property spent 57 days on market before selling.
About this home
Completely renovated in 2018, 76-78 Perkins Street is a boutique, 6-unit apartment building that offers condo quality finishes and unparalleled commuter access. The 100% occupied property boasts six (6) spacious, four (4) bed, two (2) bath apartments homes that each feature stainless steel appliances as well as in unit washers and dryers, all located steps from the MBTA’s Sullivan SQ Station. Strategically located in one of the most rapidly evolving neighborhoods in the Greater Boston area, the property is surrounded by multiple on-going and upcoming transformative developments, such as Assembly Row, Encore Boston Resort and Casino, Cambridge Crossing, Hood Park, and the Green Line Extension. 76 Perkins offers a rarely available, cash-flowing, turnkey investment opportunity, located in a historically, high barrier to entry market. Current rent roll brings in more than $300,000+ annually and offers very strong in-place yield - approx. 5.5% CAP rate and north of a 9% Cash on Cash return.
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Property History
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Property Timeline
Current Active Listing - MLS #73579475
Currently Listed
Sep 18, 2026Sold
Dec 14, 2020Listed for Sale
Sep 30, 2020| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/18/2026 | 🏡 Currently Listed | $5,500,000 | - | - | MLS #73579475 - Active |
| 12/14/2020 | ✓ Sold | $3,900,000 | - | - | Property sold |
| 09/30/2020 | 🏠 Listed for Sale | $4,250,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 9999 | $9,999 | $9,999 |
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Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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Nearby Schools
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9 schoolsMiddle Schools
1 schoolHigh Schools
2 schoolsLocation
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East Somerville
76-78 Perkins Street, Somerville MA 02145
Somerville, MA 02145
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