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$1,437,500

82 Electric Ave, Somerville MA 02144
Somerville, MA 02144
Listed by Mario Capone
Bedrooms
5
Bathrooms
2
Living area
3,335 sqft
Year built
1900

About this home

Presenting a distinguished two-family residence at 82 Electric Ave in Somerville. Built in 1900, this well-maintained property offers 3,335 square feet of living space on a 4,172 square foot lot and features a total of 5 bedrooms, 2 full bathrooms, and a 2-car garage.A strong investment opportunity, both units are leased through 8/31/2026 and generate $6,900 per month in gross rental income. Current tenants have expressed interest in remaining, providing potential for continued occupancy and stable cash flow. Combining classic character, generous living space, and reliable rental income, this property presents an exceptional opportunity in one of Somerville's most desirable neighborhoods.

Property details

MLS #
73540824
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
4
Garage spaces
2
Lot size
0.1 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
West Somerville Neighborhood
0.19 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
371
Student:teacher ratio
13.7:1
District
Somerville
Middle
Rindge Avenue Upper School
0.81 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
262
Student:teacher ratio
8.2:1
District
Cambridge
High
Curtis-Tufts
0.93 mi away · Grades 10-12
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
12
Student:teacher ratio
4.0:1
District
Medford

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Est. monthly payment
$8,807/mo
$287,500 down
$1,150,000 loan
Principal & interest$7,459
Property tax (est.)$1,198
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 30, 2026.

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.