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$2,396,000
Total Beds: 12 Total Baths: 4
Total Units: 3 SQFT: 4110
LOT size: 0.09 Acres
49 Porter Street
Somerville, MA 02143
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Property Description

Located in Somerville’s desirable Spring Hill neighborhood, this property offers strong urban living and investment potential. Ideally situated between Porter and Davis Squares with a 91 Walk Score, it provides convenient access to the MBTA Red Line, Commuter Rail, local shops, dining, and nearby universities including Harvard, Lesley, and Tufts. The home features generous layouts, high ceilings, original hardwood floors, and abundant natural light throughout. Outdoor amenities include multiple private decks and a shared yard, offering flexible options for relaxation or entertaining. Well-maintained and move-in ready, the property also presents value add potential for investors seeking to enhance equity and rental income. Classic three deck configuration with a functional layout well suited for both owner occupants and investment use. Q1 2026 market data indicates strong upward pressure on rental rates in the 02143 zip code, reinforcing capitalization rate potential.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 12
  • Total Full Baths: 4
  • Amenities: Laundromat, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Other (See Remarks), Owner Provided
  • Gross Operating Income: 136893
  • Gross Expenses: 24089
  • Repairs & Maintenance: 6867
  • Management Fee: 7207
  • Miscellaneous Expense: 5837
  • Net Operating Income: 112804

Utilities

  • Electric Info: 110 Volts, Common, On-Site, Other (See Remarks)
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Brick
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73513094
  • Last Updated: 05/05/26

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Map

Seller's Representative: Montivista Real Estate Group, eXp Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
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 2026-05-05 18:27:00

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