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157 Elm Street
Somerville, MA, 02144
$1,695,000
6 Beds
3 Baths
2,719 SqFt
0.1 Acres
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MLS #73540783 image #0
Exceptional investment opportunity in the heart of Davis Square. This rare corner three-family property offers abundant parking and endless potential for investors, owner-occupants, or developers. Unit 1 features two bedrooms plus a den and sits above street level, providing added privacy and natural light. Unit 2 offers three spacious bedrooms, while Unit 3 includes one bedroom plus additional unfinished space with potential to expand the living area. The building’s desirable southern exposure and numerous windows fill each unit with sunlight throughout the day. A partially finished basement with generous ceiling height presents additional possibilities for expansion or future improvements. Ideally located just a five-minute walk to Porter Square Station, Star Market, and the vibrant restaurants, cafés, and shops of both Porter and Davis Squares. A unique opportunity in one of Somerville’s most sought-after neighborhood. Offers are due on Tuesday June 30th at 12pm

Property Details

Price:
$1,695,000
MLS #:
73540783
Status:
Pending
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
davissquare
Listed Date:
Jun 24, 2026
Finished Sq Ft:
2,719
Total Sq Ft:
2,719
Lot Size:
4,155 sqft / 0.10 acres (approx)
Year Built:
1920
Units:
3
Davis SquareDavissquare

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Schools

Interior

Above Grade Finished Area
2719
Bathrooms
3 Full Bathrooms
Levels
3

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Private School, Public School, T-Station
Lot Features
Corner Lot
Open Parking Spaces
4
Parking Spots
4
Parking Total
4
Patio And Porch Features
Enclosed, Patio
Roof
Shingle
Stories
3

Financial

Net Operating Income
$24,000
Tax Year
2026
Taxes
$17,164

Map

Community

Subdivisions in Somerville

Market Summary

Current real estate data for Multi Family in Somerville as of Jul 27, 2026
96
Multi Family Listed
134
Avg DOM
500
Avg $ / SqFt
$2,004,535
Avg List Price

Property Summary

    157 Elm Street Somerville MA is a Multi Family for sale in Somerville, MA, 02144. It is listed for $1,695,000 To schedule a showing of MLS#73540783 at 157 Elm Street in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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