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INVESTMENT SNAPSHOT
About this property
You cannot beat the location,close to Tufts University,within short walk to Stop&Shop ,Teele Square,only 1 mile from the Davis Square Red Line stop and 0.7 miles to green line College Ave T Stop.Off street parking for 3 cars. 100 amp breakers
Property details
| Units | 2 |
| Living area | 2,246 sqft |
| Lot size | 3,393 sqft |
| Year built | 1910 |
| Price / sqft | $443 |
| County | Middlesex |
| MLS # | 73500124 |
Listing status
| Days on market | 22 days |
| Listed on | April 11, 2026 |
Taxes & financials
| Annual property tax | $9,965 |
| Tax year | 2020 |
| Assessed value | $986,800 |
| Zoning | RA |
| Gross income (actual) | $82,500/yr |
| Net operating income (actual) | $78,900/yr |
| Total actual rent | $6,875/mo |
| Insurance expense | $2,500/yr |
Building & lot
| Stories | 2 |
| Total rooms | 11 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street, Tandem |
| Basement | Full |
| Foundation | Block |
| Roof | Slate |
| Construction | Frame |
| Flooring | Tile, Hardwood |
Utilities & systems
| Heating | Baseboard, Natural Gas, Steam |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Oven |
| Appliances | Range, Refrigerator |
Location
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Listing courtesy of Cambridge Realty — Mark Medeiros. 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 248 Powder House Blvd, Somerville MA 02144 have?
It is a 2-unit multi-family property with 2,246 sqft of living area, built in 1910.
How long was 248 Powder House Blvd, Somerville MA 02144 on the market before it sold?
248 Powder House Blvd, Somerville MA 02144 sold after about 80 days on the market (listed April 11, 2026, closed June 30, 2026).
What is the estimated cap rate on this 2-family in Somerville?
Based on area median rents, the estimated cap rate is about 4.6%, with a Signal Score of 81/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,045,000 across 2 units, that works out to roughly $522,500 per unit.
What are the property taxes on 248 Powder House Blvd, Somerville MA 02144?
Annual property taxes are $9,965 (2020), on an assessed value of $986,800.
What is the price per square foot?
At $1,045,000 for 2,246 sqft, that's about $443 per square foot.
Is there parking?
3 total parking spaces (paved drive, off street, tandem).
Where is this property located?
248 Powder House Blvd, Somerville MA 02144 is in Somerville, Middlesex County, MA 02144.
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