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INVESTMENT SNAPSHOT
About this property
Located in the sought-after Spring Hill neighborhood of Somerville, this three-unit property presents an outstanding investment opportunity. Each 3-BR unit features high ceilings, well-proportioned rooms, and an excellent layout — ideal for roommate living or flexible configurations. All three apartments enjoy a covered rear deck overlooking a spacious fenced yard, offering appealing outdoor space for tenants. Perfectly situated between Porter Square (MBTA Red Line + commuter rail) and Union Square (MBTA Green Line), the location provides easy access to a wide array of shops, services, and restaurants. A rare opportunity to own a well-located, income-generating property with strong rental appeal. Current lease agreements in place through May 31, 2027.
Property details
| Units | 3 |
| Living area | 4,426 sqft |
| Lot size | 6,217 sqft |
| Year built | 1890 |
| Price / sqft | $401 |
| County | Middlesex |
| MLS # | 73496733 |
Listing status
| Days on market | 119 days |
| Listed on | April 6, 2026 |
Taxes & financials
| Annual property tax | $17,093 |
| Tax year | 2026 |
| Assessed value | $1,514,300 |
| Zoning | res. |
| Gross income (actual) | $136,800/yr |
| Net operating income (actual) | $109,900/yr |
| Total actual rent | $11,400/mo |
| Electric expense | $506/yr |
| Insurance expense | $5,169/yr |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.14 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full |
| Foundation | Stone, Brick/Mortar |
| Roof | Rubber |
| Construction | Frame |
| Flooring | Tile, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Location
More about investing in Somerville →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 15 Atherton Street, Somerville MA 02143 have?
It is a 3-unit multi-family property with 4,426 sqft of living area, built in 1890.
How long has 15 Atherton Street, Somerville MA 02143 been on the market?
15 Atherton Street, Somerville MA 02143 has been listed for 119 days (since April 6, 2026).
What is the estimated cap rate on this 3-family in Somerville?
Based on area median rents, the estimated cap rate is about 3.9%, with a Signal Score of 72/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,775,000 across 3 units, that works out to roughly $591,667 per unit.
What are the property taxes on 15 Atherton Street, Somerville MA 02143?
Annual property taxes are $17,093 (2026), on an assessed value of $1,514,300.
What is the price per square foot?
At $1,775,000 for 4,426 sqft, that's about $401 per square foot.
Where is this property located?
15 Atherton Street, Somerville MA 02143 is in Somerville, Middlesex County, MA 02143.
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