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38 Berkeley Street
Somerville, MA, 02143
$2,450,000
10 Beds
8 Baths
5,051 SqFt
0.13 Acres
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MLS #73552553 image #0
Fantastic opportunity to purchase a six-family property in Somerville’s highly sought-after Spring Hill neighborhood, near to Porter Square Red Line and just blocks from the Gilman Square Green Line and Bike Path, making it a commuter’s dream. The property consists of six units—two studios and four two-bedroom (some can be utilized as three bedroom or three bedroom plus!) apartments—and features an enormous backyard and a large basement with ample storage. Extremely well kept and clean building with enormous upside potential for rent. The two studio units have been recently renovated, while Units 1–3 have been tastefully updated and maintained. Unit 4 is currently vacant, presenting an excellent opportunity for a new owner to renovate and increase rental income. With a well-balanced layout of three units on each side, this is a rare value-add investment opportunity in one of Somerville’s most desirable locations. Please see broker for balance of photos and videos of each unit.

Property Details

Price:
$2,450,000
MLS #:
73552553
Status:
Active Under Contract
Beds:
10
Baths:
8
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Jul 21, 2026
Finished Sq Ft:
5,051
Total Sq Ft:
5,051
Lot Size:
5,600 sqft / 0.13 acres (approx)
Year Built:
1928
Units:
6

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Schools

Interior

Above Grade Finished Area
5051
Bathrooms
8 Full Bathrooms
Levels
4

Exterior

Community Features
Public Transportation
Lot Features
Other
Stories
4

Financial

Net Operating Income
$158,700
Tax Year
2026
Taxes
$23,144

Map

Community

Market Summary

Current real estate data for Multi Family in Somerville as of Aug 14, 2026
97
Multi Family Listed
131
Avg DOM
492
Avg $ / SqFt
$1,910,136
Avg List Price

Property Summary

    38 Berkeley Street Somerville MA is a Multi Family for sale in Somerville, MA, 02143. It is listed for $2,450,000 To schedule a showing of MLS#73552553 at 38 Berkeley Street in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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