HomeSomerville3 Family - 3 Units Up/Down116 Prospect St, Somerville MA 02143
116 Prospect St, Somerville MA 02143 — photo 1 of 121 / 12
SOLD · Aug 4, 2025
$1,565,000   Under asking
Asking $1,600,000 · $-35,000 (-2.2%)
116 Prospect St, Somerville MA 02143
3 units · 4 bd · 3 ba · 2,970 sqft · $533,333/unit
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INVESTMENT SNAPSHOT

Signal Score pending — we haven't seeded market rents for this ZIP (02143) yet.

About this property

Rare opportunity in prime Somerville! 116 Prospect St, a three-unit multi-family offers exceptional value for both investors and owner-occupants. Ideally located just minutes from Union Square (and the Green Line) in Somerville and Cambridge’s Inman Square, this property offers unbeatable convenience. Each unit includes private laundry and dedicated storage, garage parking for all three units, plus five additional off-street parking spots. Enjoy private balconies for each unit, full living and dining rooms in the second and third floor units, as well as bonus rooms perfect for a home office or guest space. The updated first-floor unit features two bedrooms and modern finishes. A smart investment in a vibrant, connected neighborhood. Property being sold AS IS for seller's convenience.

Property details

Units3
Living area2,970 sqft
Lot size4,680 sqft
Year built1900
Price / sqft$527
CountyMiddlesex
MLS #73396107

Location

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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 116 Prospect St, Somerville MA 02143 have?

It is a 3-unit multi-family property with 2,970 sqft of living area, built in 1900.

What is the price per unit?

At a list price of $1,600,000 across 3 units, that works out to roughly $533,333 per unit.

What is the price per square foot?

At $1,600,000 for 2,970 sqft, that's about $527 per square foot.

Where is this property located?

116 Prospect St, Somerville MA 02143 is in Somerville, Middlesex County, MA 02143.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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