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$1,850,000
Total Beds: 9 Total Baths: 3
Total Units: 3 SQFT: 3759
LOT size: 0.05 Acres
97 Beacon Street
Somerville, MA 02143
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Property Description

Amazing investment opportunity in the heart of Somerville’s coveted Inman Square, just a short walk to Harvard, Union Square, and both the Red and Green Lines. This three-family property offers over 3,700 square feet of living space across three spacious 3-bedroom, 1-bath apartments. Each unit features hardwood floors, updated kitchens with granite countertops, stainless steel appliances, and equal-size bedrooms large enough to accommodate a king bed. Tenants enjoy modern conveniences such as dishwashers and built-in microwaves, plus private outdoor space, washers and dryers in the basement, and additional storage. With proximity to Whole Foods, Star Market, and some of the area’s best dining, this property combines location, quality, and long-term rental demand, an excellent opportunity to own a premier asset in one of the strongest rental markets in the country.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Bike Path, Highway Access, Laundromat, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Pantry
  • Common Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Heat Pump, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 118250
  • Gross Expenses: 28691
  • Net Operating Income: 89559

Utilities

  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Brick, Fieldstone
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73422216
  • Last Updated: 08/30/25

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Map

Seller's Representative: Thayanne Kozak, Kozak
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-08-30 03:05:00

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