1 / 16
INVESTMENT SNAPSHOT
About this property
Excellent development opportunity in Somerville, just 0.3 miles from East Somerville Green Line Station, on the bike path and great proximity to East Cambridge and downtown Boston. Located on the edge of the rapidly growing Inner Belt neighborhood, this ZBA-approved 3-unit condo project is ideal for developers or end users looking to create a community and build equity. The first floor unit features 4 beds and 2 baths (2843 SF); the middle unit offers 3 beds and 2 baths (1383 SF); and the penthouse unit includes 3 beds, 2.5 baths, and a roof deck (1590 SF including roof deck. The project comes with all site and architectural plans which are approved by the ZBA and is awaiting traffic plan analysis for final special building permit approval. Seller open to offers subject to building permit approval. Full package available upon request.
Property details
| Units | 3 |
| Living area | 5,735 sqft |
| Lot size | 2,507 sqft |
| Year built | 2025 |
| Price / sqft | $148 |
| County | Middlesex |
| MLS # | 73444203 |
Listing status
| Days on market | 209 days |
| Listed on | October 15, 2025 |
Taxes & financials
| Annual property tax | $12,574 |
| Tax year | 2025 |
| Assessed value | $664,600 |
| Zoning | BB |
| Total actual rent | $0/mo |
Building & lot
| Stories | 4 |
| Total rooms | 18 |
| Lot size | 0.06 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Partially Finished |
| Foundation | Concrete Perimeter |
| Roof | Rubber |
| Construction | Frame |
| Flooring | Tile, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Somerville →
Listing courtesy of Coldwell Banker Realty - Waltham — Brian J. Fitzpatrick. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 142 Cross St, Somerville MA 02145 have?
It is a 3-unit multi-family property with 5,735 sqft of living area, built in 2025.
How long has 142 Cross St, Somerville MA 02145 been on the market?
142 Cross St, Somerville MA 02145 has been listed for 209 days (since October 15, 2025).
What is the estimated cap rate on this 3-family in Somerville?
Based on area median rents, the estimated cap rate is about 8.5%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $849,900 across 3 units, that works out to roughly $283,300 per unit.
What are the property taxes on 142 Cross St, Somerville MA 02145?
Annual property taxes are $12,574 (2025), on an assessed value of $664,600.
What is the price per square foot?
At $849,900 for 5,735 sqft, that's about $148 per square foot.
Where is this property located?
142 Cross St, Somerville MA 02145 is in Somerville, Middlesex County, MA 02145.
Similar multi-families
◆ 92
◆ 87
◆ 86
◆ 82