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INVESTMENT SNAPSHOT
About this property
The multi-family investment property located at 70 Columbus Ave in Somerville, MA (the “Property”) is a multi-story building containing five (5) 1-Bedroom/1-Bathroom units with 3,782 square feet of gross living area in 5,878 square feet of gross area. The Property is situated upon a 0.14-acre parcel and features three (3) tandem parking spaces. The historic building has been exceptionally cared for and features large recently updated apartments, providing residents with a desirable blend of character and modern convenience in a sought-after sub-market, minutes from the new Union Square MBTA Train Station. The Property benefits from recent significant capital improvements, including the installation of six new Burnham boilers in 2019, a new roof and extensive exterior maintenance in 2022, the replacement of approximately half of the building's windows in 2025, and a brand-new landlord-owned coin-operated laundry in 2026. The Property also offers meaningful value-add opportunity through below market rents. A full-height basement unit currently generates no income and may present future opportunities for additional revenue. The large driveway is also underutilized and can accommodate at least three off street parking spaces, creating supplemental parking income.
Property details
| Units | 5 |
| Living area | 3,782 sqft |
| Lot size | 5,993 sqft |
| Year built | 1900 |
| Price / sqft | $476 |
| County | Middlesex |
| MLS # | 73580288 |
Listing status
| Days on market | 0 days |
| Listed on | September 21, 2026 |
Taxes & financials
| Annual property tax | $17,715 |
| Tax year | 2026 |
| Assessed value | $1,613,400 |
| Zoning | NR |
| Gross income (actual) | $129,200/yr |
| Net operating income (actual) | $83,031/yr |
| Total actual rent | $10,600/mo |
| Electric expense | $550/yr |
| Insurance expense | $8,485/yr |
Building & lot
| Stories | 5 |
| Total rooms | 20 |
| Lot size | 0.14 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street, Tandem, On Street, Paved |
| Basement | Full, Partially Finished |
| Foundation | Stone, Brick/Mortar |
| Roof | Shingle, Rubber |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Washer, Dryer |
Location
More about investing in Somerville →
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 70 Columbus Ave, Somerville MA 02143 have?
It is a 5-unit multi-family property with 3,782 sqft of living area, built in 1900.
How long has 70 Columbus Ave, Somerville MA 02143 been on the market?
70 Columbus Ave, Somerville MA 02143 has been listed for 0 days (since September 21, 2026).
What is the price per unit?
At a list price of $1,800,000 across 5 units, that works out to roughly $360,000 per unit.
What are the property taxes on 70 Columbus Ave, Somerville MA 02143?
Annual property taxes are $17,715 (2026), on an assessed value of $1,613,400.
What is the price per square foot?
At $1,800,000 for 3,782 sqft, that's about $476 per square foot.
Is there parking?
3 total parking spaces (paved drive, off street, tandem, on street, paved).
Where is this property located?
70 Columbus Ave, Somerville MA 02143 is in Somerville, Middlesex County, MA 02143.
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