281 Alewife Brook Pkwy Somerville MA 02144 MLS #73389240

281 Alewife Brook Pkwy
Somerville, MA, 02144
$1,175,000
5 Beds
2 Baths
2,350 SqFt
0.11 Acres
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Directly across from Dilboy Field and close to Tufts and Teele Square, this well-maintained 2-family is a prime investment opportunity with strong rental income in place. Set on a dead-end cul-de-sac and tucked off the main street across from a newly added park, the first-floor 2-bed, 1-bath unit is leased through August 2026; the upper 3-bed, 1-bath unit with private porch is leased through August 2025. Both units offer hardwood floors, separate living and dining rooms, and period charm including built-in china cabinets. A fenced backyard and off-street parking for 3+ cars add value and appeal. With stable tenants and a desirable location near transit, parks, and universities, this property is a smart addition to any portfolio. Seller welcomes offers with requests for buyer concessions.

Property Details

Price:
$1,175,000
MLS #:
73389240
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Listed Date:
Jun 11, 2025
Finished Sq Ft:
2,350
Total Sq Ft:
2,350
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
1920
Units:
2

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Schools

Interior

Bathrooms
2 Full Bathrooms
Heating
Hot Water, Steam

Exterior

Parking Features
Off Street
Parking Spots
6
Roof
Shingle

Financial

Net Operating Income
$78,600
Tax Year
2025
Taxes
$11,198

Map

Community

Market Summary

Current real estate data for Multi Family in Somerville as of Aug 10, 2025
68
Multi Family Listed
115
Avg DOM
493
Avg $ / SqFt
$1,544,900
Avg List Price

Property Summary

    281 Alewife Brook Pkwy Somerville MA is a Multi Family for sale in Somerville, MA, 02144. It is listed for $1,175,000 To schedule a showing of MLS#73389240 at 281 Alewife Brook Pkwy in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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