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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Open House Schedule
22
Aug
Saturday, August 22
12:00 PM - 2:00 PM EDT
23
Aug
Sunday, August 23
12:00 PM - 2:00 PM EDT
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)
12 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 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
$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
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
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 17, 2026 2:18 PM 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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