Single Family Residence at 40 Horace St, Somerville MA 02143, Somerville
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$975,000

40 Horace St, Somerville MA 02143
Somerville, MA 02143
Listed by Sara Adgate
Bedrooms
3
Bathrooms
1.5
Living area
1,284 sqft
Year built
1900

About this home

Bring Your Vision to Union Square! Located at the end of a quiet dead-end street, 40 Horace St. presents an exciting opportunity for builders, developers, and investors. The property consists of two combined lots, features a driveway accommodating 4+ vehicles, and offers gas utilities. With potential for a multi-unit dwelling, this is an opportunity to explore development in a prime Somerville location. Close to major highways, shopping centers, world class restaurants, breweries, and between Union Square, Inman Squares, and East Cambridge. Plus, the newly built Boynton Yards is directly next door. Don’t miss your chance to unlock this property’s potential!

Property details

MLS
MLS Property Information Network
MLS #
73591005
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
2
On market date
October 14, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
4
Lot size
0.09 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
King Open
0.26 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
355
Student:teacher ratio
8.5:1
District
Cambridge
Middle
Cambridge Street Upper School
0.27 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
279
Student:teacher ratio
7.5:1
District
Cambridge
HighCharter
Community Charter School of Cambridge
0.59 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
288
Student:teacher ratio
9.3:1
District
Community Charter School of Cambridge (District)

Walkability

Blended score for Somerville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

93
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies12

Market position

How this listing compares to current activity in Somerville, from live MLS data.

On the market 2 days -- 88 fewer days than Somerville's current average of 90 days.
For reference, the median list price across 911 active listings in Somerville right now is $449,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$6,022/mo
$195,000 down
$780,000 loan
Principal & interest$5,059
Property tax (est.)$813
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.