8 Everett St, Somerville MA 02143
Somerville, MA 02143
$2,800,000
$2,400,000
Est. $14,541/month
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About this home
This well-maintained six-unit building WITH LEAD CERTIFICATES & sits in the heart of East Somerville, just minutes from Union Square, 900 feet to the T Station, public transit, and downtown Boston. It offers five spacious three-bedroom units and one four-bedroom unit—ideal for strong rental income in a high-demand area. Each unit has separate utilities, with tenants paying their own gas and electric, making management simple and efficient. All units feature washer and dryer hookups and use natural gas for heating. Updated boilers and hot water heaters boost comfort and energy performance. The apartments have flexible layouts, large bedrooms, and great natural light. With a solid rental history and potential for condo conversion, this property is a rare find in one of Somerville’s most accessible and rapidly growing neighborhoods. Unit six (3 bed) pays $2,700 (TAW) & has laundry hookups.
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
7.7%
Price Range
Property Timeline
Price Reduced
May 5, 2026
$2,400,000
$100,000
(-4%)
From $2,500,000 to $2,400,000 (-4.0%)
Price Reduced
Mar 18, 2026
$2,500,000
$100,000
(-3.85%)
From $2,600,000 to $2,500,000 (-3.9%)
Showing Instructions Updated
Dec 15, 2025
New showing requirements
Listed for Sale
Jun 16, 2025
$2,600,000
Original listing
Agent: Raymond Boutin
Office: RE/MAX Innovative Properties
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/05/2026 | ↓ Price Reduced | $2,400,000 | $100,000 | - | From $2,500,000 to $2,400,000 (-4.0%) |
| 03/18/2026 | ↓ Price Reduced | $2,500,000 | $100,000 | - | From $2,600,000 to $2,500,000 (-3.9%) |
| 12/15/2025 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/16/2025 | 🏠 Listed for Sale | $2,600,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $26,468 | $2,426,000 |
Financial Details
Annual Property Tax
$26,468
Tax Year 2025
Assessed Value
$2,426,000
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1910
Living Area
6,755 sq ft
Lot Size
0.09 acres
Bedrooms
19
Full Baths
6
Total Rooms
30
Investment Metrics
Units
6
Unit 1 Rent
$2,200/mo · N
Unit 2 Rent
$2,400/mo · Y
Unit 3 Rent
$2,200/mo · N
Unit 4 Rent
$2,200/mo · N
Total Monthly Rent
$9,000/mo
Gross Income
$162,000
Net Operating Income
$114,054
Operating Expenses
$15,546
Water/Sewer Expense
$18,862
Electric Expense
$480
Insurance Expense
$5,978
Cap Rate
4.75%
Interior
Heating
Baseboard
Cooling
None
Flooring
Wood, Tile, Vinyl, Carpet, Laminate
Appliances
Range
Fireplace
None
Basement
Full
Laundry
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features
Bathroom With Tub & Shower, Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$26,468
Assessed Value
$2,426,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Agent Assisted Showings. Multiple Appointments Can Be Made At The Same Time. Buyers/buyers Agents To Verify All Information. If Using Dotloop/docusign, Please Attach Offer And Paperwork Via Pdf.
Exclusions
All Appliances Other Than Ranges Are Personal Property Of Tenants.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Yellow
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
357 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1910
Bedrooms
19
Full Bathrooms
6
Living Area
6,755 sq ft
Total Rooms
30
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
6,755 sq ft above grade
Display Options
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:
Wood, Tile, Vinyl, Carpet, Laminate
Appliances:
Range
Interior Features:
Bathroom With Tub & Shower, Living Room, Kitchen
Windows:
Basement:
Full
Laundry:
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Brick/Mortar
Stories:
3
Heating, Cooling & Utilities
Heating:
Baseboard
Heating Zones:
6
Cooling:
None
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
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
$2,206
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
Save $0/mo
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
8 Everett St, Somerville MA 02143
Somerville, MA 02143
Listing Information
Listing Agent
Raymond Boutin
Listing Office
RE/MAX Innovative Properties
Office Phone
978-452-4432
Agent MLS ID
D0001895
Office MLS ID
AN5830
Listing Data Updated
Jun 8, 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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